praveen.bhatiya

Victor Sperandeo 2B Reversal

Short
praveen.bhatiya Updated   
NSE:BERGEPAINT   BERGER PAINTS IND
Price formation suggests a short as recommended by Victor Sperandeo in his 2B Pattern. Price closed above the previous high yesterday with good volume but got rejected immediately and closed below to low of yesterday. We can short the stock with reasonable stop loss. Risking the small amount gives an opportunity for a decent Risk to Reward ratio trade.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Trade active:
Using the today's pull back to enter short trade Fut @ 304.50. Finger's crossed
Trade closed: stop reached

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