VEDL, How we captured 2.3% (Trade Analysis) - Learn & Earn

VEDL was given for short at 90.9 at 10:15AM (it was trading at 91.4 that time). Logic for trade was break of long term support (ping line). VEDL had news today and I usually avoid news based trading as I am low risk price action trader. Still setup was too good to ignore.
Below 90.9, next target was its previous close at 89 but VEDL continued its move till 88.5 (I took 2 trades in it).

3 min chart to show more details in below

Other trade which was given to students was KAJARIACER to short at 323.7 and we covered it at 319.8.
Price action based trading is best form of trading, free from all indicators and purely based on price study.

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