NileshChavan

Dmart again at good sell level

Short
NileshChavan Updated   
NSE:DMART   AVENUE SUPERMARTS
Sell Near 1455
Stoploss 1475
Target 1400-1390
Reasons for trade -1. Price has resistance at daily channel and 15 minute channel
2. Price formed bearish candlstick pattern on hourly chart
3.daily trend is down
4. Risk Reward 1:3
Trade active
Trade closed manually:
1455 to 1405....50 Points

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.