Price formation suggests a short as recommended by Victor Sperandeo in his 2B Pattern. Price closed above the previous high yesterday with good volume but got rejected immediately and closed below to low of yesterday. We can short the stock with reasonable stop loss. Risking the small amount gives an opportunity for a decent Risk to Reward ratio trade. Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
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Using the today's pull back to enter short trade Fut @ 304.50. Finger's crossed
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