Hi all,
Found another sell set-up in Idea yesterday, however, couldn't post on time.
Set-up has been confirmed today with RSI pointing downward and stochastic crossover on downside with downward trending trend-line amidst bad numbers and all MA trending down.
If you already are short in Idea, I would recommend hold with SL of 80 and target of 66 on closing basis.
Thanks.
Found another sell set-up in Idea yesterday, however, couldn't post on time.
Set-up has been confirmed today with RSI pointing downward and stochastic crossover on downside with downward trending trend-line amidst bad numbers and all MA trending down.
If you already are short in Idea, I would recommend hold with SL of 80 and target of 66 on closing basis.
Thanks.
For remaining half position trail your SL to 77.
Never let your winners turn into losers.