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travellingtradermumbai
Nov 27, 2022 11:00 AM

HINDPETRO1! Short

HINDUSTAN PETROL FUTURESNSE

Description

27-11
daily chart of Hind Petro
manual trendline and 200 EMA are bearish
RSI heading towards the overbought zone
Resistance at 237 (manual) and 241 (200 EMA)
Wait for RSI to get in the overbought zone & or price to come up to 238 / 240 and go short

Trade closed: target reached

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