Its been observed that Lupin is showing channel resistance at 1510-1525. Looking at the trend, it a sell on @ 1500 (Little bounce back). This might go down. Reward: 50 Pts, Risk: 25 Pts
TP - 1450
SL - 1525 (On closing basis).
TP - 1450
SL - 1525 (On closing basis).
Comment:
Waiting for 1500 to sell. Today's high 1498. Trade not initiated yet.
Trade active:
Sell initiated at 1500. Today's high 1501.1
Trade active:
Trendline is playing its role. Trade active. Its not closed above our SL yesterday and pulled back.
Trade active:
Nice drop. Trade active.
Trade active
Trade active:
17/01 : Trade is active.
Trade active:
19/01: Low made 1470.
Trade active:
20/01: Low made 1455.
