skbharathi

DISH TV-SHORT SETUP

Short
NSE:DISHTV   DISH TV INDIA LTD
Dish tv-hourly chart indicating a rising wedge pattern.
can it be shorted for a target of 85.1? with stops @ 88.15
a risk reward ratio of 2.3
Trade active: there is a little consolidation and buying interest seen, still the stops have not been hit, trade can be closed tomorrow
Trade closed: stop reached: The price consolidated and reached stop levels,though it was not closed above the stop level. The trade ddint go the way it was expected

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