Looks good for SHORT
Updated
Good support broken also index are at range bound with good sell off.
620 is good support can go short after retest. Volume are pretty good too
SL 630 Target Open
620 is good support can go short after retest. Volume are pretty good too
SL 630 Target Open
Trade active
Trail SL of 600 with 2.4% of profit.Considering market volatility close your trade manually when candle close and cross 600 with good bullish otherwise stick to the trade.There is a high chance of going further down.
Trade closed manually
Stock has been shorted in June futures at Rs.620 on 24-May and exited at Rs.570 with profit of close 8.5%. Good returns on capital.Anyone holding the trade can trail SL with 1%.
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