ULTRACEMCO short setup - Hunt with tRex

Oct 25, 2017

Short at 4400

Low risk high reward setup

T1: 4320
T2: 4250
T3: 4150

SL: 4455

Oct 25, 2017

Trade closed: stop reached

HIT WICKET!

Oct 25, 2017

Note

We will look for shorting opportunity in Ultratech Cement. The trend line could act as a resistance.

Nov 5, 2017

Note

Ultratech Cement currently facing resistance

Nov 28, 2017

Note

Our entry was wrong in this trade but the setup worked (its like a surgeon saying saying operation successful but patient died :P :D )
After triggering our SL: 4455 it made a high of 4510 and from there on it could not sustain and moved towards our final target T3: 4150