In Gujapollo share we can take short entry in the stock below the level of 175 till 168 & 160. As clearly seen support level of 180 has been broken & negative divergence has been seen in RSI. Also the stock is trading below the 20 EMA level. So add the stock in your watch list to see the price action movement in the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Comment:
Wait for the levels
Trade active
Comment:
Made low 171.2
Comment:
Low 168 as mentioned in level