Basty

DHFL - Middle of the Channel

NSE:DHFL   DEWAN HOUSING FIN
RSI - Overbought, Strong Shooting star on daily. Break from the horizontal channel ought to give confirmation.
Comment: No impact of the shooting star. Can go long but the R/R is not favorable at the moment.
Trade active: Shorted at 285. Target is channel support
Stop loss is 391
Trade closed: stop reached
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