Bears In Control! Short

LUPIN LTDNSE

Description

⋅ Jun 10, 2017 6:46 AM

Reasons to Short :
1. Cloud Breakout
2. pullback at 38.2 Fib Level
3. Resistance at 50 period EMA
4. Wicks at 1162 Resistance level.
5. Evening Star
6. Downtrend, obviously :)
Entry, SL, Targets are as plotted on Chart.

Trade closed: stop reached

⋅ Jun 12, 2017 10:08 AM

Comments

vanathi

⋅ Jun 11, 2017 5:40 AM

Good analysis.

RJUN

⋅ Jun 11, 2017 6:09 AM

Thank you @vanathi :)