TATAELXSI - BREAKOUT OF RISING WEDGE Short

TATA ELXSI LTD.BSE

Description

⋅ May 23, 2017 3:07 AM

It is been observed on the daily chart that the price action is breaking out from a rising wedge indicating a further bearishness and weakness ahead.

Target 1: 1500

Target 2: 1480

Stoploss: 1560

Trade active

⋅ May 23, 2017 3:47 AM

Trade closed: target reached

⋅ May 23, 2017 4:08 AM

Target 1 reached successfully. Regards

Trade closed: target reached

⋅ May 23, 2017 5:01 AM

Target 2 reached successfully. Regards

Comments

WaveTalks

⋅ May 25, 2017 8:28 AM

That was awesome - Wow!

guide733

⋅ May 25, 2017 12:40 PM

It is solid hammering of the bulls. Today it closed at 1332 ? Awesome !! Will the bulls be able to fight back?

WaveTalks

⋅ May 25, 2017 8:30 AM

440 ka Voltage - You don't get shock- you will become black & blue. Very dangerous situation for bulls.

NeeteshJain

⋅ May 25, 2017 9:22 AM

@AbhishekHSinghCMT, Yes, It did give a thunder shock to the bulls, very much similar to black money people at Demonetization. Thanks

smghasan7

⋅ May 24, 2017 6:05 AM

What's the update on this, do you recommend going short around 1420 levels?

bearishbull1968

⋅ May 24, 2017 10:26 AM

@smghasan7, wow great

kawalgeek

⋅ May 24, 2017 4:13 AM

Beyond your Targets
Bulls Eye ripped apart

Great Call, Sir 🙏

ravihls

⋅ May 23, 2017 5:03 AM

Bingo. Kudos Brother .. May God Bless you