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rishiagarwal231
May 29, 2021 4:07 PM

swing trade in Raymond ltd. (SHORT) Short

NSE:RAYMOND60
RAYMOND LTDNSE

Description

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following a curving trendline along with good RSI divergence. Can be Sold once it breaksdown (the trendline)
HOLDING PERIOD: 4-5 days
TARGET: 360-355-350
STOPLOSS: 380
RISK-REWARD: 1:2 OR 1/3 ( BASED ON TRAILING THE STOP LOSS)

Comment

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target 1 reached and reversed from 360
Trend Analysis
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