Nalco Short positional
Updated
Nalco Short at 78 or below.
Stop loss 81
Targets 76,74,72,70.
On daily time frame it has crossed below 20 EMA with Big volume red candle ,it may continue to fall for 2 more days expecting formation of three black soliders pattern.adding to that trend line break out retest has done on daily time frame multiple confluences.
Stop loss 81
Targets 76,74,72,70.
On daily time frame it has crossed below 20 EMA with Big volume red candle ,it may continue to fall for 2 more days expecting formation of three black soliders pattern.adding to that trend line break out retest has done on daily time frame multiple confluences.
Note
Target one reached todayTrade closed: stop reached
Stopped out after hitting target one.
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