manojrai36
Short

price rejection at resistance

NSE:UJJIVAN   UJJIVAN FIN SERV
price has been rejected at the resistance levels on the weekly time frame and has formed a shooting star .with the high of the shooting star a short trade can be initiated
Feb 05
Comment: SHORTED TODAY AT 294,SL SHOULD BE A LITTLE ABOVE THE HIGH OF THE WEEKLY SHOOTING STAR ie,308 IN THIS CASE.LETS SEE HOW IT PLAYS OUT.
Feb 07
Comment: booked half of the position at 276.will trail the rest.
Feb 12
Trade closed manually: booked fully at 260 as wont be able to track the market for few days due to travel.
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