I-Fund-Trader

Sell on Rise or Brake of the Current low in Futures

Short
NSE:JSWSTEEL   JSW STEEL LTD
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1
If price moves up in 1 Hour sell on reversal with stop 343 and forecast target is 275 , for low risk trader can place the stop on reversal candle they look to sell
Trade active
Trade closed manually: form 340 to 320 , Made 20 Points ,

Comments

sud I hold it for tomorrow I shot it today at 315?
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I-Fund-Trader YogeshSaini
@YogeshSaini, Why you sold it today @ 315 ?? , this post was posted on 20 and next day you would had a few points as profit , and if you read my post message i have clearly messaged that low risk trader can place the stop once price moves away , and short selling is only when you see reversal candle in 1 Hour , or bearish candle in 1 Hour , decision to hold it is purely your own , price may enter in a range bond form here before heading down ward , nothing comes straight, it will have all kind whipsaws,
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