GARWARE New Short Trade Opportunity

GARWARE TECH (15-Minute Timeframe) - Short Trade Opportunity

Trade Setup:
A clear short trade setup has emerged on the 15-minute timeframe for Garware Tech using the Risological swing trading indicator. The entry signal indicates a strong bearish move, supported by the break below key support levels.

Key Levels:

• Entry: 4419.05
  
• Stop Loss (SL): 4602.05
  

Take Profit Targets:

• TP1: 4192.90
  
• TP2: 3827.00
  
• TP3: 3461.05
  
• TP4: 3234.90
  

Technical Indicators:
The bearish crossover and the downward trajectory of the moving averages highlight the weakening momentum. The Risological Swing Trader Indicator confirms a high-confidence short entry with well-defined targets.

Strategy Note:
Traders are advised to monitor price action near TP1 and TP2 for potential retracements. Adjust stop-loss levels dynamically as the trade progresses to protect profits.

This short trade setup offers a promising risk-reward ratio for intraday traders! Stay disciplined and let the technicals lead the way.