Ravi_Singh_Chauhan

Bears are still on...

Short
NSE:DEEPAKNTR   DEEPAK NITRITE
NSE:DEEPAKNTR started to fall from its all time high of 1988, then from mid May it is in consolidation mode. Now, it looks like it's making a pennant /triangular pattern ( T1& T2 ) which is ready to continue the downfall till 1625 if successful breakdown occurs.
TRADE AS PER PRICE ACTION.
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Trade closed: stop reached: Deepak Nitrite has taken support near 1712 and looks like it has changed its trend. SL on this side

Comments

Dear Nice Analysis but it taken support at Previous Gap border of 1720 with volume and reversed thanks
+1 Reply
@spsuryaprajan Sir, I have mentioned all the possibilities in the idea and one must initiate any positive with the skill of managing it by its own with proper SL and target. And also I have updated my idea regarding the SL. You may look at other stock specific ideas of mine to know my accuracy level. 🙂🙂🙂
Reply
spsuryaprajan Ravi_Singh_Chauhan
@Ravi_Singh_Chauhan, Good and thanks for understanding
Reply
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