Description
⋅ Short KPIT at CMP (218+)
T1: 200
T2: 190
SL: 225
Trade active
⋅ Bollinger bands upper band tag + MFI class C bearish divergence
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
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!
Comment
⋅ Friends who want to learn this technique can watch this video presentation by Mr John Bollinger himself.
Comment
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