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balaji_damo
Oct 29, 2017 12:44 PM

Hexaware - Longterm resistance and channel trade Short

Description

The stock is at long term resistance at 293 and has formed a channel with bearish trend with support at 280.

Trade as per the chart with SL.

Short at or below 280 with SL at 285 for T1 275 T2 270 T3 268.

Also one can short NOV 305 CE at 7.9

Trade active

T1 reached

Trade closed: stop reached

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