NTPC Short Trade
- Stock in a Overall Downtrend
- Rejected off Daily kijun / 50% Fib Level
- Close below a key S/R level
I am short from 50% level of Bearish Pinbar on March Futures. Will add more on 6th March after more confirmation.
Also sold 111 CE @ 1.6
- Rejected off Daily kijun / 50% Fib Level
- Close below a key S/R level
I am short from 50% level of Bearish Pinbar on March Futures. Will add more on 6th March after more confirmation.
Also sold 111 CE @ 1.6
Trade active
Ntpc made some recovery in the final hour of trading. Nevertheless, Move stops to break-even and lets see how it opens up after Holi.Trade closed: target reached
Targets have been hit on NTPC but cannot take much credit as everything went bonkers in global sell off. Anyways, Happy we made some money.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.