Short
Pennant formation on Ujjivan
The stock has formed a pennant pattern with high volume data. We could either look to short below 339 or sell on rise @ 345 zone.
Expecting a breakdown move of 15 - 20 points on the downside.
Entry - Below 339 or sell on rise @ 345 based on further price action.
SL - 350
T1 - 330
T2 - 325
T3 - 320
Purely for study purpose
Thanks.
Expecting a breakdown move of 15 - 20 points on the downside.
Entry - Below 339 or sell on rise @ 345 based on further price action.
SL - 350
T1 - 330
T2 - 325
T3 - 320
Purely for study purpose
Thanks.
Trade active
Entered @ 344Note
Revising my Target 1 as 334Note
Target 1 doneNote
Exited my remaining position @ entry price
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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.
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.