HAVELLS short setup

Jan 13, 2018

Short HAVELLS below 545

T1: 535
T2: 520

SL: 553

Jan 17, 2018

Trade closed: stop reached

.
Gave a false entry, made a low of 543 and bounced back hitting our SL! We will go short again with the same setup

Feb 3, 2018

Note

we didnt get a chance to enter the short trade second time because of the gap down.
But Havells followed the pattern well and the direction of analysis was right.