shorttrade

HBI is in a Long Lasting downtrendchannel. A nice bearish engulfing built up near the upper Bound of the channel in the Weekly timeframe that maybe Signals the end of the upside leg. Take a shortposition the next week.

SHORT VEDANTA Ltd CMP 193.25 TARGET 162.25 SL 216.25 Animesh Vashisht

Details are mentioned on the chart.

Short Nifty 50 below 10933 target and SL given in image

JPASSOCIAT is a favourite shorting candidate on NSE shortly. Sell JPASSOCIAT at 12.30 to 12.50 zone with Stop-loss of 13.55 and Target of 10.50.

ALBK is bearish engulfing and with higher than usual volumes. and Fresh Short positions initiated. SELL Alahabad Bank (ALBK) at 43.90 with Stop-loss on closing basis above 46.90 and Target 1 at 40.5 and Target 2 at 35.45

HINDALCO looses 3.4% on NSE today with greater than average Volumes and fresh shorts seen on stock. Sell HINDALCO around 202.55 with Stop-loss on closing basis at 206.25 and Target of 190.10

AXISBANK lost 3.5% on NSE with 4 times its average volumes. Its trading below Ichimoku Cloud signalling further weakness in the stock. Sell AXISBANK around 503 with Stop-loss at 311 and Target 1 of 482 and Target 2 of 478

Sell ULTRACEMCO at 4054 with Stop-loss of 4080 (Stop loss is on closing basis, Please do not exit the stock in intraday volatility), and Target of 3980

ONGC is in downtrend and with higher volumes on NSE. SELL ONGC at 178.50 with Stop-loss of 184.3 and Target of 170.40

BEML has been a favourite shorting opportunity on NSE in the recent downtrend. This call is for tomorrow. Sell BEML @ 1160 with SL of 1190 and Target of 1070

Here, is a potential short setup. I'll go short on PNB tomorrow , only below 145, if it stays above it, no trade entry. If it's below at 144, I'll go short : A part for intraday, where I'll keep 1 point stoploss and target according to movement. And the other part for positional, where stoploss would be 151 ( 7 points ) and target 132 ( 14 points ) Risk...