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MohammedJunaid
Jan 24, 2018 1:49 PM

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

Description

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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