mbhati

Short

Short
mbhati Updated   
NSE:VOLTAS   VOLTAS LTD
701-703 could be a resistance.
Short in that area for a target of 680 and 650. SL - 715
Comment:
It didn't hit 701 before dropping but momentum was good to enter for a short trade below yesterday's close (692). First target hit. Trail with new SL of 684.
If the downward momentum continues it might hit 650 within next trading week.
Comment:
First target of 680 hit. Trail the SL to 688
Trade closed: target reached:
All targets almost reached. Trade cloed
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.