rdeva
Short

HDIL - Short candidate till support 62

NSE:HDIL   HOUSING DEVELOPMEN
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HDIL is rushing towards long suport.

Squeeze burst indicates burst towards short side, and can be a good positional short candidate till 62.

Entry price - 70
Target - 62
Stoploss - 72 clbs
Trade closed: target reached: Target 62 reached.
But no sign of base forming or squeeze indicator reversal.. it might break into 50's
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