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ULTRACEMCO short setup - Hunt with tRex

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ULTRATECH CEMENT (NSE:ULTRACEMCO)  
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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
Dagangan ditutup: hentian tercapai:
HIT WICKET!
Komen:
We will look for shorting opportunity in Ultratech Cement. The trend line could act as a resistance.

snapshot
Komen:
Ultratech Cement currently facing resistance

snapshot
Komen:
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
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.