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TitoTrader
Sep 24, 2017 6:17 PM

RELIANCE Should be in sale Short

RELIANCE INDSNSE

Description

-----:: Explained in the chart ::-----

Trade active

Trade closed: stop reached

Comments
kewlguyforyou
Your target is hit, SL was too tight.
TitoTrader
@kewlguyforyou, Actually market was moving around the position where it was hit. If SL was more up, loss would have been almost same at the end of the day. This is some exceptional situation. Market came down after one more day. And today, 28th Sep, hopefully market will come down more.
Bravetotrade
U sold at support. Quite near 61.8 per. fib. level.
TitoTrader
@Bravetotrade , Actually previous movements was strong, my strategy was showing down. This condition breaks the support strongly. Though my prediction was 10 points down from market starts, but it was just 9 points, then goes up again. It was near to reach target.
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