STBT ON LUPIN JUNE FUTURES TRADE SHORT @874 STOP @884 TARGET @864 LOT:600 QTY;2
PLEASE LOOK IN THE CHART BEFORE TRADING......VEDANTA IS POSITIVE FOR THE MOMENT BUT WE ARE WAITING TO GO SHORT
The stock has broken out of an upward sloping triangle with good volumes. The shooting star at trendline and bollinger band resistance is followed by a red candle will lead to a pullback to the breakout resistance (now support) giving us an opportunity to buy. The RSI's overbought signal indicates the same. A very great stock, also considering the pressure on PSU...