mbhati

Short

Short
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

Comments

That trend channel! Wow!
Reply
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