SRTRANS SPOT CMP 1471
Counter is around resistance of rising channel levels,, wait for reversal confirmation..
Below 1450 counter is good short with stoploss of recent peak.. counter need to sustain below 1450 levels for 15 to 20mins,,
Down side counter can fall to levels of 1375--1350-1325 levels..
Price is making higher high and RSI is making lower high, bearish divergence in counter,, indicate reversal in counter.
Counter is around resistance of rising channel levels,, wait for reversal confirmation..
Below 1450 counter is good short with stoploss of recent peak.. counter need to sustain below 1450 levels for 15 to 20mins,,
Down side counter can fall to levels of 1375--1350-1325 levels..
Price is making higher high and RSI is making lower high, bearish divergence in counter,, indicate reversal in counter.
Trade active:
counter trading around 1375 first target done,, book profit or trail stoploss