MORARJEE - Daily - Short

73 1 5
Price has hit Resistance and it is retracing. Good possiblity of traders booking profits. Price is retracing. Price may hit 1st Take Profit level at and then should move down further to price at 48.49.

***Idea is Published only for educational Purposes***
Trade active: It seems Price will go down further before retracing.
Trade closed: target reached: Target was hit on 15th September 2016. Turned out to be good trade
Setup was Awesome. In the money today :)
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