rohitpaul7692

Retest of resistance line

Short
rohitpaul7692 Aggiornato   
NSE:ABBOTINDIA   ABBOTT INDIA LTD
This stock gave a breakdown on 28 Oct 2021 but with lower volume. As a result it tried to go upside but got corrected every time after touching the line that was previously the support line which now became the resistance line. As a result it has more downside. Stop loss will be updated over here shortly. Minimum target of 19700. If it goes below that the target would be around 19500. ABBOTINDIA
Commento:
It is moving downside but the downward momentum isn't looking good enough. Position is in profit but hold carefully.
Trade chiuso manualmente
Commento:
Closed the trade because it's in profit and also the downward momentum isn't good enough. Small profit is better than hitting stop loss.......
Commento:
It may further go down but again the momentum isn't good.

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