TradingView
I-Fund-Trader
May 19, 2018 4:52 PM

sell on rise in Futures Short

ARVIND LTDNSE

Description

I am already in the short selling of Future , One can look for short selling with reversal on daily time frame and can look to hold til it makes 317/315

Trade active

Comment

so far 427 to 382 in Futures ,

Comment

Price went back little , but seems the weekly close is below the Flag Pattern , Monday i will expect price to pop up little bit and Tuesday on wards one can look for reversal to Go short

Comment

We are still rolling over in this scrip , you can understand some time how the scrip moves , from May till date we are just rolling over , No fun , we booked partial profits of 45+ points on initial move but this one seems stuck , but never mind keep trailing the stop an let the trade run , Look for reversal only near 317

Comment

Tell me after 6 weeks we are getting the results and we have sold on every rise , Right Now patience is paying off , so far 427 to 363

Trade closed: target reached

Now dont tell me i have not posted here, I am still looking further down side form this level i will re post the chart Again
Made form 427 to 310, 117 Points but took 5 Months to complete the trade , its Quite Longer time then average trade of 60 Days
Comments
trade-gunner
Very choppy at the moment. Not ideal to take a new position. if the bear flag is violated then a new short position should be taken.
I-Fund-Trader
@trade-gunner, Yes You are correct ,
More