I-Fund-Trader
Short

Struggling Scrip short selling

NSE:CANBK   CANARA BANK
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1
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This scrip is struggling to move up and its possibly forming Regular flat in the Middle of B wave , i am looking to go short on 4 Hour impulse bearish candle low , and stay with it til the forecast area for cover using trailing stop
Trade active
Comment: Well it happens , some scrip move fast or impulse and some start with very slow and then take up speed , I am updating this message because some one asked me to stay with it or not , You have to take trade based on the trading principal and put the stop to cost and leave it to run , its simple , if your stop is taken out then no problem , take one more trade based on set up
Comment: Put the stop to cost and now wait to see what happens , it has drop or move up again for consolidation and then drop
Comment: so far form 284 to 260 , its very slow , start trailing the stop on 1 Hour high
Trade closed manually: We have closed the trade in the anticipation of higher volatility in next week ,
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