Multiple signals to go short in this script. 1. The share price is near the resistance trendline. You can appreciate it in the daily time frame chart. 2. Elliot impulse waves (5 waves) completed. So, we can expect the correction waves to take action now. 3. RSI divergence can be noted. I'm expecting a correction of at least 10% this February. Target 1240.
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Booked profits today!
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Re-entered trade and booked 45k today. Though it is moving as expected I had to exit to compensate for losses in Naukri.