bountyhunter21

BEL- Time to short

Short
NSE:BEL   BHARAT ELECTRONICS
PA approaching a supply turned demand zone and if price approaches the area marked with the black box , one can short for a decent target and a decent enough RR.
Play safe and see ya!
Comment: Here even though price has reversed as expected it has faked our stop loss and so I was out. We should be rigid with our stoploss and stick to it. There is nothing like closing basis. If it is triggered then exit.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.