RCIIND - SHort
Updated
The stock has formed AB=CD pattern and is at PRZ.
It has tried to breakout from resistance and has reversed from PRZ.
If tomorrows opening is less than previous candle it can correct upto 181.
It has tried to breakout from resistance and has reversed from PRZ.
If tomorrows opening is less than previous candle it can correct upto 181.
Note
Since we cant short equity we can wait for further dips to long or if you are already long update SL accordingly.Trade closed: stop reached
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