Chennai Petro - Running out of fuel

Price action of Chennai Petro shows weakness by forming 1. Descending triangle 2. Less volume
3. RSI momentum. Will update target, stoploss, entry in comment seeing price action.

Dagangan aktif:

Short at 326 stoploss 328, trade along with main index

Komen:

Chennai Petro forming a line. "Line indicates movement"(Dow theory)

Dagangan ditutup: hentian tercapai:

This post put a question mark and I answered it in "Volume and big game".