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balaji_damo

RCIIND - SHort

Short
RCI INDUSTRIES & TECHNOLOGIES (BSE:RCIIND)  
balaji_damo Updated   
BSE:RCIIND   RCI INDUSTRIES & TECHNOLOGIES
Trend Analysis Harmonic Patterns Chart Patterns
2
0
trendanalysis harmonicpatterns chartpattern
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.
Comment:
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
Balaji_damo
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