PFC - POSITIONAL SHORT OPPORTUNITY

Updated
SYMBOL - PFC

CMP - 510

PFC saw huge sell off on 4th June & now It is recovering & price is testing the liquidity area which is now a resistance.

I'm seeing a trading opportunity on sell side in PFC.

Shorting PFC Futures at CMP 510

I will be adding more if 535 - 540 comes & will hold with SL of 562

Targets I'm expecting are 418 - 402 & 388





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Trade active
CMP 495

15 rupees in profit.
Trade active
CMP 482

28 rupees ~ 6% in profit.
Trade active
CMP 530
Adding more here.

Avg sell price now is 520
Trade active
CMP 548

RR is very favorable here.
Adding more quantity.
Avg Sell price now is 534 & holding with strict SL 562
Trade active
SL 562 still protected.
Trade closed: stop reached
SL reached, Trade closed.
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