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neil_gala
Feb 22, 2020 3:00 PM

ESCORTS - Mean Reversion Short

ESCORTS KUBOTA LTDNSE

Description

-Resistance from 900 & reversal zone at 1000
-away from VA
-candle with a long bearish wick formed on 20th Feb 2020

-weak market breadth
-no reason for escorts to outperform

Move will be negated if
-900 sustained with heavy volume
-VA moves up

Target
-VAH

Comment

5% down on Day 1, SL trailed

Comment

SL trailed to PDC

Trade closed manually

Trailed SL HIT at 820
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