hirezia
Short

Short IOC around 382-385 for trgt 360 stop loss 392

NSE:IOC   INDIAN OIL CORP
NSE:IOC formed a nice bearish pinbar and closed below its 50EMA,200EMA and near term support

my target for IOC is 360 , will look to short tomorrow
Trade active: Shorted at 381.10
Comment: very boring trade....not moving either way ;)
Trade closed manually: finally shorts covered at 379.10 .....3 points profit but very boring trade..

may be due to bonus shares news people are holding it
Comment: sorry...2 points ...plz excuse the typo
i have shorted it arround 372.35 in future 1 lot shall wait for my price or exit at market price on friday
Reply
hirezia riteshtidke07
@riteshtidke07, if you can keep stop loss of 287(15 points loss) then continue else ...cover your short....you entered at wrong price. risk reward is not in your favour
Reply
@hirezia, okay, thank you tommorow i will exit at market price.
Reply
hirezia riteshtidke07
@riteshtidke07, you can switch to gail ...if you are a positional trader .....
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