ajeetsingh
Short

Triangle spotted in Voltas

NSE:VOLTAS   VOLTAS LTD
Voltas is trapped in triangle
but mouth of triangle is not closed yet
so once it rises, its good to short at around 662
SL 666, Target 650, 643
Comment: Hit SL of just rs.4
I sold again at 666 with SL 670
just to cover loss
Trade closed manually: Exited at 667.20

Comments

horrible trade set up, why would you want to go short when an ascending triangle was being formed?
Reply
ajeetsingh T_Harth
@T_Harth, I was expecting it to go down
and risk was very less, just 4 rs.
and brother we are traders, liable to commit mistakes
but I have other succesful trades as well
Reply
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