Jubilant Food - Possible Short - Retrace from recent high Short

JUBILANT FOODWORKSNSE

Description

⋅ May 14, 2018 5:24 PM

Candles - Made bearish engulfing on top
MA- Candles left 10 DMA today (I might be 1 day late posting this)
Next possible support - 2364 ( 50 DMA)
RSI - Negative divergence

Entry : - Below today's low - 2423
T1: - 2398
T2: - 2364

Trade active

⋅ May 15, 2018 10:41 AM

T1 Touched

Trade closed manually

⋅ May 16, 2018 11:16 AM

Reversed before T2