L&T – Risky Bearish – Dow Theory

We see a very high trade on 03/11/2016, also the entry point during the bearish trend starting from 08/09/2016. After creating a short position here, the Stop loss is set at 1539.8 and target @ 1317.8. Though we see the market price falling down till this point, within same day it falls to its lowest of the bearish trend. So it will be difficult to cover for the target created if the exit point is missed(correct me if wrong).