why do you think it is a good short idea ? and will it get intraday momentum if it goes down ? why
swaroopthoppil
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@Deepak_yadav02, See 27th, 28th, same pattern repeated there....small consolidation on 27th and then breakout, then again reversed back to support level. So here too, consolidation happened, breakout happened and price is at resistance area, so price might reverse back to next immediate support.....this is just my analysis only.....please study and trade, this is the reason i kept a small SL, in case it goes opposite to my analysis, i will end up with small loss...
Deepak_yadav02
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@swaroopthoppil, thanks for explanation , i dont trade stocks much actually just learning as of now . so the pattern is again repeating na today ? if i m not wrong .....and did you take the previous day trade ?? small sl would have hurt you ?