akshay1808
Short

Short NCC as per Stochastic Divergence signal!

NSE:NCC   NCC LTD
NSE:NCC should continue with bearish phase next week. Bearish Stochastic divergence along with MACD bearish crossover are strong signals to take a short position on Monday. Sell at opening price (may open on higher side) or wait for price of 124-126 for better sale price entry. Target is of 116.5(T1) and 101.5(T2).
Trade active: Trade at open price of 122.8.
Trade active: Stock reaching towards T1 i.e. 116.5, but with a less momentum
Trade active: Stock reached towards T1 i.e. 116.5. One can book the profit or else aim for T2 i.e. 101.5.
Trade active: Very slow downfall....I guess we need to wait!
Trade closed manually: The trend seems to have changed. Closing this deal at opening price of 122.5. No profit no gain.
Akshayji, good short.
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@theeye, Thanks Sir!
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