BHEL – 22.9.15 – Dow – Bearish – CMP 201.15 – Entry Below 200 – Tgt 195 – SL 202 – EQSIS PRO

This topic has 1 reply, 1 voice, and was last updated 8 years, 7 months ago by KRISHNA KUMAR MS.

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September 23, 2015 at 11:30 AM #10071

KRISHNA KUMAR MS
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Rank: Level 4

Hi to all friends,

Located a interesting chart today. BHEL is continuously trending downwards. If it crosses the previous LB of 200 (which it has done today morning), I expect it to go still lower by at least 5 Rupees to 195.

I have taken position by shorting 1 lot of Futures with a SL of 202.

Any feedback/ comments are welcome.

September 23, 2015 at 4:03 PM #10123

KRISHNA KUMAR MS
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Rank: Level 4

This has hit Stop Loss today itself.
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