TRENT LTDUpdated Trent
As per the daily chart, price is facing trend line resistance. 5000 is an important trend direction deciding zone. Price is weak below 5000.
Since 5000 is an important zone, even though price is showing bearish signs, have to be more careful with trailing stop loss.
Sell below 4990 with the stop loss of 5002 for the targets 4978, 4964, 4940 and 4924.
Always do your own analysis before taking any trade.
Since 5000 is an important zone, even though price is showing bearish signs, have to be more careful with trailing stop loss.
Sell below 4990 with the stop loss of 5002 for the targets 4978, 4964, 4940 and 4924.
Always do your own analysis before taking any trade.
Trade active
Short. T3 done. Trade closed: target reached
What a move. Targets done. 
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Option course on March 15.
Mail id : tradingplan4u@gmail.com
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.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Option course on March 15.
Mail id : tradingplan4u@gmail.com
Option course on March 15.
Mail id : tradingplan4u@gmail.com
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.