Raymond Limited
Short
Updated

Raymonds: Gap Fill before Rebound

211
Positional Trades:
Short below 245 for 240, 238.5, 235 with SL at 250
Aggressive traders may want to initiate short at 248.5 !

Below 238 would be an ideal point for buying OTM August expiry call option.
Note
No trades triggered today so far, the idea is good for tomorrow
Note
idea good for tomorrow if market continues to correct
Note
large bearish engulf candle makes it a good trade to take!
Trade active
Trade closed: target reached

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