shiv2798
Short

Possible day trade set up

NSE:MRPL   MANGALORE REF &PET
The stock has broken out form long term range , its on bullish trend and now it has to retest the range in order to confirm the continuation of trend for further higher high
here I am just looking for few points , With open i am looking for reversal sign for short selling for target of 134 , its not advised for everyone who do not have experience how to take short trade in bullish stock ,
This information is only for educational not to be treated as advise or recommendation
Regards
Trade closed: target reached
There is always a difference of Rs 5 in its cash n future. The entire last week it showed same trend. Stock is also known fir bounce ups and bounce backs. All the best for this strategy.
Reply
shiv2798 dhirajsabharwal28
@dhirajsabharwal28, Thanks , Yes its on brake out in weekly also , the stock prices as you said there will be difference , but we do not have any broker who provide us continuation of feature contract price charts , so we have to depend on Cash price only
Regards
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