UnknownUnicorn7637383

Best short opportunity in Vodafone Idea;

Short
NSE:IDEA   VODAFONE IDEA LTD
Weekly "bullish flag breakdown". I am seeing target near Rs 3.5

This trade will take some time (weeks to months) and it'll test patience.

Risk-Reward
1:5

Don't forget to cover your short once the target hit. And and, go LONG at the Target price (for investing or monthly trading perspective)
Trade active:
Let's wait n watch.
Comment:
It may come to RETEST its breakdown. Lets wait n watch.
Comment:
Today, Short covering happened before the results. Remember, if there were more shorts before the results, short covering will take place. And if there were more longs before the results, long unwinding will happen.
Trade closed: stop reached
Comment:
The title of this writing contains a bold word "best". Nothing is "best" in the markets.
I expect anyone who is reading my writings to know that there is nothing "certain" in the markets. Neither the %gain on stock nor "out-performance" or "under-performance". There is a risk and opportunity cost involved in both, buying and selling. Selling at any price can often result in "opportunity loss" when the stock moves higher and higher. Human psychology is a culprit here. For e.g. I post any stock which seems undervalued or overvalued to me on tradingview. When anyone makes money on that, they wont appreciate me "a single word". But when they lose or it results in opportunity loss, they are bound to blame me. I don't criticize any person, because I know their psychology has defeated them. At last, there is nothing like "easy money" in the markets. The survival of the fittest holds absolutely true here.
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