CMP 962
Double top – Gap – bearish piercing – high volume
Is this a wonderful sight to go short?
Trade plan:
Sell at around 950
Stop loss may be at 1060
First target at 900
Let us wait how the market behave to revise our plan.
, , HCLTECH
, , HCLTECH
Recently Active Members
Bullish View
Bearish View
-
Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
-
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
-
Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
-
Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
-
Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
Hi,
This stock is trading within the consolidation range and there is no double top formation in the daily chart. There is no pattern to confirm the bearish trend.