AVANCEON LTD
Short

AVN SHORT-SELL/EXIT FOLLOW-UP TRADE (FRESH ENTRY)

36
AVN is trending in a downward channel. After posting a healthy pull-back, AVN has been rejected from Breaker Block.

๐Ÿšจ TECHNICAL SHORT SELL/EXIT CALL โ€“AVN ๐Ÿšจ
๐ŸŽฏ SHORT-SELL/EXIT ZONE: Rs. 48.3-51
๐Ÿ“ˆ TP1 : Rs. 45.1
๐Ÿ“ˆ TP2 : Rs. 41.1
๐Ÿ›‘ STOP LOSS: ABOVE Rs. 53.7(Daily Close)
NOTE โ€“ Prices are of ready market

๐Ÿ“Š RISK-REWARD: Medium Conviction | 1:2.75
Caution: Please enter/exit in 3 parts in give range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.

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