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shiv2798
Apr 15, 2017 10:34 AM

DHFL Short Till 358  Short

Description

The stock is moving without pull back almost 182.43 Points form the Zone it reversed , Technical analysis says the stock is exhausted , and candlestick clearly inform the Higher price rejection
But you can also view there is strong buying demand which basically took at 330 to 360 Zone we can expect 38.20% Feb level pull back , but one have to Gauge before entering the Stop would be 395 in case those looking for short
Regards

Comment

Please up date in case of shorting the stock , the stop would be 398.50 Nothing less than that
Regards

Trade closed: stop reached

For short selling it was bad idea , but did take higher high and Crossed the resistance , lets take it long in such case tomorrow
Regards
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