MuthiahM

My PredictiveEngine's Intraday call(18-May-18)-BHARATFORG-Short

Short
MuthiahM Updated   
NSE:BHARATFORG   BHARAT FORGE
Based on my PredictiveSystem's signals, its going to be a RED candle on 18-May-2018 for BHARATFORG

Sell Below: 723.5 for targets -
T1: 718.1
T2: 714.8
T3: 711.4
SL: 729.3

Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Trade active:
Sell price triggered at around 11:50 AM.
Trade closed: stop reached:
:-( SL hit at around 12:35. Even though the SL is hit, the stock started down trend after that.
Comment:
Hit first target. As said even though SL hit, it still went down and hit our target. May be SL could have been kept a little higher to accommodate the wild swings.

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.