Equity_OptionTrader

POSSIBLE BREAKDOWN CANDIDATE!

Short
NSE:GMRINFRA   GMR AIRPORTS INFRA
1. Head & Shoulder in Formation. (Bearish Pattern)
2. Confirmation below 43 DCB.
3. Patterns fails above 45 DCB
4. Pattern completion Target 39. Break down Target 36.
5. Slow moving small stock so Option Trading (on Buying side) is not advised.
6. Consult your financial adviser before entering any trades because it involves monetary risk.
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Trade active:
Low of 41.20
Trade closed: target reached:
39 done. Personally closed it here.

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