This stock has formed a bearish Harmonic pattern. Yesterdays wild move has already achieved all the targets.
We are looking for a re-entry here.
Go short at or below 1875 with SL at 1900 for T1 - 1860 T2- 1849 and T3 - 1837
Alternatively go short on 1940CE at 10 and 1840PE at 10 together for 10000INR in 10 days.
We are looking for a re-entry here.
Go short at or below 1875 with SL at 1900 for T1 - 1860 T2- 1849 and T3 - 1837
Alternatively go short on 1940CE at 10 and 1840PE at 10 together for 10000INR in 10 days.
Trade active
Trade closed manually:
Made low of 1851.15 and spot was 1878.05 on Dec expiry fetching 10000 INR on options.