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Shortsell

Adani Enterprise (pennant and Flag pattern in downtrend)Adani Enterprise has given a breakout from pennant in its downtrend meaning the downtrend will continue from here. CMP: 134.65 Targets are 117 and 112 with Stop loss (152.45), Target 3: 80, after falling below 112 you should start trailing stop loss strategy to maximize profit. After reaching 117 revise stop loss to 134 (sell price), than I would suggest to trade keep this with trailing stop loss. Let me know If you agree with my idea.
NSE:ADANIENTShort
by AnkitSalgia
Tactile Trade Idea. Time to sell GBPUSD? GBPUSD overbought in the short-term The pair reversed sharply at the 1.20 lows three weeks ago, and for the past ten days, it's trading inside of a rising channel. The uptrend took GBPUSD almost to 1.2600 (about 600 pips away from the 1.20 lows), but it also reached overbought levels as is shown by our advanced overbought/oversold indicator on the chart. Now, considering the importance of the resistance here in the 1.2500 wider area, and the exhaustion of the uptrend, GBPUSD looks likely to embark on a correction lower next week. GBP fundamentals/sentiment also not that bullish If we also take a look at the fundamentals, they also support what the technicals are saying. Essentially, there is no progress on Brexit. The situation remains deadlocked, although GBP rallied in hopes of avoiding a no-deal Brexit after the British Parliament ruled out this option by law. However, as we know, things are not that simple because the British Parliament doesn't accept the already offered exit deal either. So, GBP has reached overbought levels on a fundamental/sentiment basis as well, because anything higher than 1.26 - 1.27 on GBPUSD means that tangible progress on Brexit is achieved. But that is not the case. Hence, the pair is likely to revert lower as no-deal Brexit risks remain high. This is a potential trade of tactical nature. So, things can quickly change on impactful Brexit related news which could still take GBPUSD substantially higher or lower. So we I'm  placeing a tight stop slightly above the breakout point of the trendline, maybe even above 1.2520 to allow some more breathing room for the trade.
Short
by veens_m
Short Ultra Tech Cement for target of 3600Short for the target of 3600 on 16th October 2018. Today's bearish engulfing pattern on the daily chart suggest that still the bears are in control to the price. But the current price is at the same zone from where the last time it has shown the upward move. The positional and swing traders can wait until we can see the price moving at least 5% above the current level for the fresh buy. On 16th October 2018, the intraday players can short it for the target of 3600.
NSE:ULTRACEMCOShort
by Rohan21