Short
Shriram transport very bearish pattern to tbe taken for short
on daily chart since last 8 days continues bearish pattern appearing . Now the stock almost at break down point of support level @ 572-570 for swing traders this can touch up-to next support level of 535 to 530. Intraday can move upto 545 to 550 but ensure to follow Reward to risk ratio always.
Note
Trend line breakdown is still pending. Again sideways market . patience is the key to success.Note
Again support testing the support zone. Will break down surely.Trade closed: target reached
Made low of 527 Hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.