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BlackJackCo
Feb 3, 2019 5:43 PM

NSE: RNAM Oversold towards 113 Short

Description

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NSE: RNAM Oversold towards 113.
Falling since beginning, with group company bankrupt, effect might be seen on this stock.
Very oversold. Short bounce back is expected, but will not last long
Price might be pushed towards 113 if consistent close below 134 level on daily chart happens

Trade active

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As expected bounced back😀

Trade active

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Book Profit at 169 and hold rest

Trade closed: target reached

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Book Profit or Trail rest. total gain 68 points

Comment

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Broke on high side of triangle and hit of 224, Interesting.
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