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I-Fund-Trader
May 12, 2018 5:10 AM

Sell in Futures  Short

DABUR INDIA LTDNSE

Description

Its not dropping impulsive , that means it will likely go make one more top before turning down , any reversal in 1 hour after making an attempt to move and failure is sell in Futures , with stop above 1 % of reversal Candle high and it will likely retest the low 319
and second possibility is brake of Current low 363 can look for short selling with stop above 370 for forecast target of 319 , at any given instance it has to make one lower low before deciding for next direction

Trade active

Price moving as per forecast , Looking for reversal to sell short near Levels

Comment

Made high 377.50 as per forecast , and sold on 15 Mints Brake , Holding the Position with stop 384
Comments
aklohiya
Would it fall from here or give a breakout? What's your views?
aklohiya
@aklohiya, Any update on this? Has it broken out or might reverse tomorrow with a fakey?
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