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Pro_Trader_GRV
May 26, 2022 4:38 AM

JK CEMENT Short

JK CEMENTS LTDNSE

Description

Short Short and Short.

Good opportunity to short JK cement.

Forming H&S formation at this levels. Neckline is breached confirming the downtrend.

Good risk to reward ration in trade.
Spot Price - 2265
Stop Loss above Neckline n closing basis.

Target 1 - 2100
Target 2 - 2050
Target 3 - 1850


@forextidings
@vivek_mashrani @tradingview_ @investing @Shorting
Comments
Pro_Trader_GRV
Market is giving bounce back I have exited my position in loss for today. I will enter again if gets early weakening signs chart pattern is very futures are not liquid here don't make huge position. Even keep eye on Tata Power And IEX for short position. I have IEX in short and still holding.
vg07
vg07
@Pro_Trader_GRV showing signs of weakness again , should re enter!
Pro_Trader_GRV
If in position it's going to go down further.
arvind15170
MR VIVEK JK CEMENT SALE 100%
arvind15170
100% SHORT KARU
arvind15170
GOOD
vg07
can we re-enter?
Pro_Trader_GRV
@vg07, No don;t want to carry weekend risk markets are bouncing back need to short when markets can start falling again till then no selling.
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