I-Fund-Trader

Sell on Rise , Big Move ahead

Short
I-Fund-Trader Updated   
NSE:ENGINERSIN   ENGINEERS INDIA
This one i am looking for Big move down form this possible reversal level , I am looking to Go short in Futures and hold it til the second forecast level ,
One can look to enter on 4 Hour or 1 Hour with your own theory of entry and stop , Look for trailing exit near the 1st forecast and then wait for further direction or consolidation before entering for second trade of short sell
Comment:
Cover Your shorts near 115 , it might pause and turn back up
Trade closed: target reached:
Well we covered for a day then found our mistake and too addition of shorts and covered at EOD , we booked profits from 124 to 112 as per our forecast in Future contracts
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.