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praveen.bhatiya praveen.bhatiya KSCL, D, Short ,
KSCL: SHORT : Victor Sperandeo 2B Pattern
50 0 1
KSCL, D Short
SHORT : Victor Sperandeo 2B Pattern

Price formation qualifies of a short as per Victor Sperandeo 2B Pattern. Price closed above the previous high yesterday with good volume but got rejected immediately and closed below to low of yesterday. We can short the stock with stop loss of just today's high. Risking the small amount gives an opportunity for a decent Risk to Reward ratio.

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