crinvestments

INTRADAY DIVISLAB SHORT

Short
NSE:DIVISLAB   DIVI'S LABORATORIE
DIVISLAB IS SHORT BELOW 623 WITH A STOP LOSS AT AROUND THE HIGH OF THE CANDLE WHICH BREAKS THE IMPORTANT SUPPORT LEVEL .

TARGET CAN BE AROUND 620-618.

ALL THREE CONDITIONS WHICH I SEE ARE IN PLAY.
VOLUME IS HIGH
RSI BELOW 30
PRICE IS NEAR SUPPORT LEVELS AND IN DOWN TREND.

Comments

Trade was on price reached a low of 621. We closed the trade at entry price!
Reply
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