failed breakout in HINDZINC go Short with Sl 332 trgt 318

28 feb 2018

HINDZINC

As per chart it is clear that breakout above 330 does not sustain and the price is back in channel ......i will go short tomorrow around 328 for the immediate target of 318 with stop loss 332.

1 mar 2018

Trade attivo

Shorted at 329.20 sl 332.1 trgt 323.20

1 mar 2018

Trade attivo

trade reached 1:1 , so stop loss moved to cost i.e 329.20... now risk free trade from here

1 mar 2018

Trade chiuso: obiettivo raggiunto

target hit ...profit taken... but swing traders may hold the shorts with moving stoploss to cost it may go down to 318-306-292.... keep trailing any enjoy.

i traded intraday because my money is blocked in other trades :(