Short KPIT at CMP (218+)
T1: 200
T2: 190
SL: 225
T1: 200
T2: 190
SL: 225
Trade active:
Bollinger bands upper band tag + MFI class C bearish divergence
Setup only for aggressive traders.
Setup only for aggressive traders.
Comment:
KPIT facing strong resisitance at CMP (221+). Its evident from the candle formations hanging man and doji.
Trade active:
Conservative traders can book partial profit at CMP (211+) with SL at cost
Trade active:
Made a low of 204.35 so far
Trade closed: target reached:
.
T1: 200 achieved
Missed T2: 190 by 2.95
T1: 200 achieved
Missed T2: 190 by 2.95
Trade active:
It was an amazing ride Rs. 18-20 target with just 7-5 risk
Trade closed: target reached:
.
T2: 190 achieved
all targets done!
T2: 190 achieved
all targets done!
Comment:
Friends who want to learn this technique can watch this video presentation by Mr John Bollinger himself.
Comment: