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balaji_damo
Dec 3, 2017 2:19 PM

RCIIND - SHort Short

RCI INDUSTRIES & TECHNOLOGIESBSE

Description

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

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