Only for educational purpose...
Short Position can be taken in ITC....
after a very long matured uptrend....
we can see a Double top Formation ....
as going against the trend is risky .... risk must be minimum....
and Stop Loss must be Strict ...
Risk to Reward Ratio is very Favourable.....
Short Position can be taken in ITC....
after a very long matured uptrend....
we can see a Double top Formation ....
as going against the trend is risky .... risk must be minimum....
and Stop Loss must be Strict ...
Risk to Reward Ratio is very Favourable.....
Trade closed: stop reached