Hii Guys I am thinking of shorting
VEDL
in positional Trade
My Entry Point Will Be at 75 Rs
My Stop Loss Will be 80 Rs
& Finally, my target will 60Rs Or when I see two green Heiken-Ashi candles with no tail.
Why Am Shorting
VEDL
?
As per Heiken-Ashi candles one day chart, there should be a downtrend in
VEDL
& There is support at 60Rs which has been tested twice.
Let me know what you think about my Idea.
I am New so maybe I am making a mistake so please comment & let me know.
VEDL
in positional Trade My Entry Point Will Be at 75 Rs
My Stop Loss Will be 80 Rs
& Finally, my target will 60Rs Or when I see two green Heiken-Ashi candles with no tail.
Why Am Shorting
VEDL
? As per Heiken-Ashi candles one day chart, there should be a downtrend in
VEDL
& There is support at 60Rs which has been tested twice.
Let me know what you think about my Idea.
I am New so maybe I am making a mistake so please comment & let me know.