CCL PRODUCTS (I) LTDShort
CCL Prod || Fake Positive Run + Low Volume
Updated
1.Started with a Daily Time Frame, the zone is multi level support zone which has been tested for more than 5 times.
2.Next we came to 4H time frame and saw the stock is in a down trend and hence looking only for a sell trade.
3.Later we came to Hourly , 30Min chart which gave us the important key levels for support and retests.
4.On 15 Min chart we saw the candle is exactly rejected from a key zone and hence a sell trade would be better option.
-----------------
Hi! One should always trade what they see and not what they feel.
I might be wrong or right but what matters the most is how much you are willing to loose...
Happy investing.
2.Next we came to 4H time frame and saw the stock is in a down trend and hence looking only for a sell trade.
3.Later we came to Hourly , 30Min chart which gave us the important key levels for support and retests.
4.On 15 Min chart we saw the candle is exactly rejected from a key zone and hence a sell trade would be better option.
-----------------
Hi! One should always trade what they see and not what they feel.
I might be wrong or right but what matters the most is how much you are willing to loose...
Happy investing.
Trade closed: target reached
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.