TradeWithChannels

Steep Down channel

TradeWithChannels Updated   
NSE:IDEA   VODAFONE IDEA LTD
Difficult to sustain such a steep fall. Can change course to form a flatter channel. No Longs! Wait for trend lines
Trade active:
Went long at 9 with SL at 7.5
Comment:
Exited at 10.20. Had to make funds available for CGPOWER Trade
Trade closed: target reached:
Can book partial profits at 11.00. Trail SL to cost for the rest. Next target 13
Trade closed: target reached:
Target reached. I have a trailing stop at 13

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