CadilaHc - Looking good for a short
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Cadillac had a good run today, but there was not much significant amount of volume present in the up-move.
The stock is testing 415 regions of resistance for the 4th or 5th time now, depending upon how you see it.
We can expect to see some momentum tomorrow in this stock.
I am more inclined to go short for this stock but will see how the market opens and behaves tomorrow and take a decision accordingly.
Short with proper SL in mind.
Please note: These are my views and not trading advice. Please consult your financial adviser before making any trading decision.
Stay Disciplined
Before you start reading kindly hit that like button. It motivates me to keep doing such work for free.
Thanks
Cadillac had a good run today, but there was not much significant amount of volume present in the up-move.
The stock is testing 415 regions of resistance for the 4th or 5th time now, depending upon how you see it.
We can expect to see some momentum tomorrow in this stock.
I am more inclined to go short for this stock but will see how the market opens and behaves tomorrow and take a decision accordingly.
Short with proper SL in mind.
Please note: These are my views and not trading advice. Please consult your financial adviser before making any trading decision.
Stay Disciplined
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