Srivis125

Not able to sustain highs

Short
NSE:BHARATFORG   BHARAT FORGE
After hitting a lifetime high, it hasn't attempted again and this suggest there is a lot of selling pressure at the top. 3 weeks of downward movement and all indicators have turned bearish .

Will short at the current levels for a medium term target of 650. View will be negated if weekly candle opens in green.

Order cancelled
Trade closed: stop reached