ShreeKrishna

Short sell ( Change in the view )

Short
NSE:IBULHSGFIN   INDIABULLS HOUSING
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4
I was practically looking this scrip will move up on strong responsive move , but seems the current move is not strong enough to convince its going to make

higher high and lower high ,

and visually it gave very clear message that its looking to come down for one more move down ,

One can look for position them self in Future contract and book using trailing stop method ,
Trade active
Comment: The winner is shreeKrishna
We booked 2 lots and holding rest with pre-defined stop

We booked 33 Points in Future short sell per lot
Comment: We are booking today rest of 3 in case it jumps out

So far from 352 to 213 , its an 129 points per lot
Trade closed: target reached: We are covering our shorts sell from 352 to 175 , we booked full and final in this scrip , we will wait for Friday close as observation

We made 177 points per lot
Comment: Surprisingly it did move as per forecast , we ware out before form our position ,

Yes its an odd situation when we thought no to stay with this trade and we booked early

Comments

similar setup on HEG D chart?
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