Inverted 3LR Pattern/RSI לונג

ASHOK LEYLANDNSE

תיאור

⋅ 10 מאי 2018 04:52

If the risk to reward ratio of 3 suits, one can consider shorting the stock at current level with the SL of recent high for a target of 150.50. Reasons
1. Inverted 3LR pattern
2. RSI coming below from overbought
3. Small risk Trade

Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

הערה

⋅ 10 מאי 2018 13:11

Please ignore the mistake in title and read it as an idea to Short the stock. Thanks to @nisarnadaf to bring to my notice.

עסקה פעילה

⋅ 14 מאי 2018 04:46

עסקה סגורה: היעד הושג

⋅ 15 מאי 2018 08:50

Great stress free trade.

Candlestick Analysis

תגובות

apsp1963

⋅ 15 מאי 2018 17:19

GR8 analysis, Praveen. Keep it up. Although I was on the wrong side of the trade today and I lost about 3000.

praveen.bhatiya

⋅ 15 מאי 2018 17:51

@apsp1963, Thanks for your nice words and sorry to hear about your losses.

nisarnadaf

⋅ 10 מאי 2018 12:57

I think you mentioned LONG instead of SHORT in the title. Anyways thanks for info.

praveen.bhatiya

⋅ 10 מאי 2018 13:09

@nisarnadaf, You are right. It is a big mistake. Thanks for bringing to my notice.

nisarnadaf

⋅ 11 מאי 2018 06:21

@Praveen.bhatiya, No Problem brother... Already short on Ashok leyland :)

praveen.bhatiya

⋅ 11 מאי 2018 07:03

@nisarnadaf, Wishing you best of the luck.

praveen.bhatiya

⋅ 14 מאי 2018 08:37

@nisarnadaf, Enjoy the nice move in the direction of trade :)

nisarnadaf

⋅ 14 מאי 2018 09:05

@Praveen.bhatiya, Thanks buddy! Already enjoying the fall :)

עוד