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sayenpure
Feb 20, 2022 9:37 AM

Tata Elxsi - Short Opportunity Short

TATA ELXSINSE

Description

Short Opportunity Expected -
Tata Elxsi is in a sideways zone. there was no such movement given in this stock on the previous trading day. But the narrow CPR is indicating the movement is expected in this stock. If the first candle closes below 6926.70 then there will be a bearish movement (high chances on bearish) as the VWAP has crossed the MA. But we have to wait till the CCI enters the -100 level.
Comments
nehaadya
how do you short it? it's not in F&O?
sayenpure
@nehaadya, I short it in Intraday by using Cover order.
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