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.....
here is a short video I made on how to buy this stock with the least risk -
kunal_finner
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doesn't make sense to short a top performer or a stock which is overbought. look for spots to buy the stock as its in great demand with institutions and results were amazing. shorting stocks with great earnings is a sure Fire way to lose money
MrCrazy2727
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@lazy_kunal, Sorry but i just follow technical analysis ....idk anything about fundamental analysis .... and it was calculated risk ....so i m ok with it
anerishah269
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can short position be taken in equity?
MrCrazy2727
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@anerishah269, We can Short Equity only for Intraday Trades .....and not Long term ....as the Time Frame is high i Dont think Target will reach just in a day or 2 .... it may take some timee..... also on the other hand Futures and Options can be risky coz of high lot size....and the trade is against the trend .....