MohammedJunaid

DHFL: RISK ONLY SELL IF GOES BELOW 569.4 SL 589.4 TGT 528.5

Short
MohammedJunaid Updated   
NSE:DHFL   None
RISK SELL DHFL Only when crosses below 569.4
Keep a stop-loss of 589.4 and a Target of 528.5
There is a Weekly Support around 570. Hence only sell below the Support level.
DHFL traded 3 times its average Volumes today and has broken down 7%
Hence wait for the support Level to be breached decisively and do not enter SHORT trade if support is not breached. Trade is NOT OPEN AS OF YET!
Comment:
Trade not ACTIVE YET!
Comment:
DHFL Created Piercing Line Bullish pattern on 25/01/18 which if opened above yesterdays closing price will act as a reversal. Hence do not take any shorts as of now on DHFL
Comment:
Trade is NOT ACTIVE YET!!!
Wait for the prices to close below 569.4 only then take a trade around 3.15PM if prices are below 569.4
Trade active:
price is below 569.4
Trade is active and made low of 543.9
Book Partial profits here. And wait for target.
Trade closed: target reached:
Made a low of 468.8. Target Achieved. Enjoy!

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