prasanna136
Short

MCdowells Short- Bearish Divergence

NSE:MCDOWELL_N   UNITED SPIRITS
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Daily chart showing bearish divergence followed by today's red candle
if you had looked in monthly chart probably you would not put this post , its bullish form 1840 and i am already on it form 1860 , hope you will take this message in positive spirit
Regards
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prasanna136 shiv2798
@shiv2798, my perspective is purely from the context of swing trading 1,2,3,days max where as i believe you are talking about positional trade, check lupin daily charts showing similar bullish divergence & how it reversed from 1040.5 to 1137 in 3 days. These are high risk high return bets...!!
PS: My stoploss was hit yesterday in Mcdowells yesterday so you are right in this case ...;)
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