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amankavi
21 set 2017 13:06

Motherson: Doubletop reversal ? Short

Descrizione

As mentioned in charts, Aiming if swing retraces back as anticipated::
Short - TP = 323, 315, 304and beyond (if breakdown)

Take SL as per risk appetite

The retracement also derives strength from %William also showing downtrend after channel consolidation

Commento

Going short as anticipated..Can fall anytime after accumulation/swing :)

Commento

Scrip has done breakout from the channel with bullish momentum. Nevertheless, Never entered the trade as no sign of confirmation prior :)

Now aiming as per charts (Intra-day)
Enter above 359
TP - 363, 367, 370, 375
Enter below 355 (Swing trade - short)
Altro