NeeteshJain

Wockpharma Triangle Breakout (Sell Setup)

Short
NSE:WOCKPHARMA   WOCKHARDT
It is been observed that the price action formed a descending triangle and now it has broken and closed below the triangle support levels of 860, indicating further bearishness ahead.

Target: 836
Stoploss: 891
Trade active
Trade closed: target reached: Target reached successfully, Regards

Comments

SL hit
+1 Reply
NeeteshJain umeshbanga
Yes, It did touch the stop, it will be interesting to see whether the price action closes above the stoploss. I shall be exiting once it does that. I appreciate your follow throught with this post. Regards
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