NAVINFLUOR confirmed a reversal in price action yesterday. Target and SL are marked on the charts. Trade responsibly.Remember, nothing is guaranteed and nothing overnight in stock markets.
P.S. 200 EMA should be a short target for low-risk takers.
All the best!
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Support zone is being tested repeatedly š¤š»Trade active
Reversal trades like these are always risky.SL not broken so far from the current week's ultra max pro volatility due to Indian elections.
Let's see how this trade goes š¤š»!
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Price action being followed so far!Trade active
Target did not meet but our trailing SL got hit. I've reduced half my position today at no profit no loss (because I was trailing from the entry point). Loss for the remaining position is 200 rupees roughly. There is nothing guaranteed in the market. We follow only technicals, no news. Ideally I should close the entire position today. But, I feel I would sell the remaining half on one uptick - i am willing to take that risk!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.