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k314

ULTRACEMCO short setup - Hunt with tRex

Kort
ULTRATECH CEMENT (NSE:ULTRACEMCO)  
k314 Uppdaterad   
NSE:ULTRACEMCO   ULTRATECH CEMENT
Chart Patterns Trend Analysis ULTRACEMCO ultratech cement
12
5
chartpattern trendanalysis ultracemco ultratech cement
Short at 4400

Low risk high reward setup

T1: 4320
T2: 4250
T3: 4150

SL: 4455
Trade stängt: Stopp nått:
HIT WICKET!
Kommentera:
We will look for shorting opportunity in Ultratech Cement. The trend line could act as a resistance.

snapshot
Kommentera:
Ultratech Cement currently facing resistance

snapshot
Kommentera:
Our entry was wrong in this trade but the setup worked (its like a surgeon saying saying operation successful but patient died :P :D )
After triggering our SL: 4455 it made a high of 4510 and from there on it could not sustain and moved towards our final target T3: 4150
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