InvestIn10

AsterDM - Sell On RISE - RS triangle converging

InvestIn10 Updated   
NSE:ASTERDM   ASTER DM HEALTHCAR
- It was a good R/R trade earlier but it went against expectation.
- AVWAP giving strong resistance and its become a sell on RISE trade.
- RS triangle is converging, there is a chance that downward sloping RS line might get hit, that would be the chance to exit.
- RS still at support. Hospitals are in good favor.
- Risk was set high due to the high volatility.
Trade closed manually:
- the omicron threat seems to have evaporated.
- much better opportunities lie elsewhere.

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