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skbharathi
Jan 10, 2017 4:41 PM

DISH TV-SHORT SETUP Short

DISH TV INDIA LTDNSE

Description

Dish tv-hourly chart indicating a rising wedge pattern.
can it be shorted for a target of 85.1? with stops @ 88.15
a risk reward ratio of 2.3

Trade active

there is a little consolidation and buying interest seen, still the stops have not been hit, trade can be closed tomorrow

Trade closed: stop reached

The price consolidated and reached stop levels,though it was not closed above the stop level. The trade ddint go the way it was expected
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