ritik_patel

CADILAHC TRENDLINE BREAKDOWN & HEAD & SHOULDER 15M

Short
NSE:CADILAHC   None
CADILAHC has given a breakdown to it's short term trendline in 15mins. It has also formed a pattern at the top which is called HEAD & SHOULDER PATTERN. The bias for this trade is negative. It is a intraday trade which can give you easy profits. But always remember that market is unpredictable. Sometimes some trades go wrong even when you are 100% confident. So you should always trade with a Stoploss. Stoploss limits your risk and you can hold onto your winning trades longer by tightly trailing the SL. Risk management is the key. Happy Trading!

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.