FAUJI FOODS LTD
Short

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

54
FFL has been repeatedly rejected from POI between 15.7-16.7. It has once again reversed from the same level with bigger Volumes.

๐Ÿšจ TECHNICAL SHORT-SELL/EXIT CALL โ€“ FFL๐Ÿšจ
๐ŸŽฏ SHORT-SELL/EXIT ZONE: Rs. 15.5-16.1
๐Ÿ“ˆ TP1 : Rs. 13.9
๐Ÿ“ˆ TP2 : Rs. 11.7
๐Ÿ›‘ STOP LOSS: ABOVE Rs. 16.7(Daily Close)
NOTE โ€“ Prices are of ready market

๐Ÿ“Š RISK-REWARD: High Conviction | 1:3.8
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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