Wavozen

6456 Several reason for short

Short
Wavozen Aggiornato   
NSE:COLPAL   COLGATE-PALM (IND)
Reason for short are
1) FMCG index down
2) Good risk reward zone
3) Super trend and vwap short side..... it may change during the course of time (if it not change - we may hit target)
4) Good triangle breakout towards down side
5) vwap short support as resistance


Even if all reasons are there to short, our market maker (also know as punter or manipulator) may alter the situation for his benefit and gives the different picture before entry and some time after entry. Market conditions also may change. Hence SL compulsory.

We can only control our risk. pls keep 0.5% as risk on single trade of your total investment. Sl compulsory
Duration : intraday
Trade chiuso: obiettivo raggiunto

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