Expected Spike fall on MCDOWELL if everything is ok.

Apr 30, 2019

• The extension seems in timeCycle at (d) excess.
  
• If (d) is excess, but not breakout, for the seller risk and reward ratio is much higher for the short side.
  At 563 nearby, the attraction of seller can for the target at control price 555-552 and also 547.5.
  
• While the short selling volume should no be higher than prior high and expected spike fall.
  

Keep Rs.1 of the stop to loss with prior high price only.

May 2, 2019

Note

See, Spike happened as expected...!
CMP 547

May 3, 2019

Trade closed: target reached

As expected target achieved.

May 7, 2019

Trade closed: target reached

We have seen solid fall in WIPRO.