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MunjalPatel
Jun 23, 2018 12:02 PM

OVERBOUGHT Short

Description

Sell Cadila Healthcare with STOPLOSS of 417.

Trade closed: target reached

Stock Sold at 409, Book profits at 386.

Gain of Rs. 23, 5.5%
Comments
avinash786
Bro If neckline Break Then Price will go up?? Im Right?
MunjalPatel
@avinash786, it should break the neck line with a bang (3%-4% kind of up move). Cadila Healthcare is a great company but since it as gone up from 350 to 410 in a very short time, It gives a better risk:reward on the SHORT side.
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