A DOWNTREND IS CREATED BY BREAKING OF SUPPORT AT 180 RANGE. RSI SHOWS A CLEAR DOWNTREND SIGN. VOLUME IS HIGH UNDER BUYER CONTROL.
BEARISH-GONE BELOW SUPPORT
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@eqsis
Dear sir /madam
Volume is attractive..What I know is given in the chart from which the reward risk ratio is not high as given in the trade plan
Here the stop-loss should be above the 200 levels (recent high – supply zone), not at the previous broken point. i understand the risk rewards ratio is not in our favor. So its better we can avoid or consider other instruments (Futures and options).
Thanks @veda417 @jtswitheqsis
Murugan sir
Thanks for your feed back
Thanks for correcting. Will rework accordingly.