Motherson: Doubletop reversal ? Short

Description

⋅ Sep 21, 2017 1:06 PM

As mentioned in charts, Aiming if swing retraces back as anticipated::
Short - TP = 323, 315, 304and beyond (if breakdown)

Take SL as per risk appetite

The retracement also derives strength from %William also showing downtrend after channel consolidation

Comment

⋅ Sep 25, 2017 1:09 PM

Going short as anticipated..Can fall anytime after accumulation/swing :)

Comment

⋅ Oct 12, 2017 12:11 PM

Scrip has done breakout from the channel with bullish momentum. Nevertheless, Never entered the trade as no sign of confirmation prior :)

Now aiming as per charts (Intra-day)
Enter above 359
TP - 363, 367, 370, 375
Enter below 355 (Swing trade - short)