Shreecement : sell/short because Channel has Broken
SHREECEMENT has broken a long weekly channel downward.
So sell between 25000-24800 with Stoploss 25850 to get the target 21000.
After a significant fall it will try to get into the channel means a pullback. if this pullback fails to enter into the channel above 25850 then 21000 will be very certain in coming weeks.
So sell between 25000-24800 with Stoploss 25850 to get the target 21000.
After a significant fall it will try to get into the channel means a pullback. if this pullback fails to enter into the channel above 25850 then 21000 will be very certain in coming weeks.
Trade active:
Hold your short