Dmart Good Selling Opportunity
Updated
Sell at CMP 1378 Stoploss 1420 Target 1328-1284
Resons for Trade- 1.Price is taking near to resistance as well as horizontal resistance 2.200 Days EMA resistance at CMp
3.Price is near to 61% fibbo level
4.Risk Reward is 1:1.5
Resons for Trade- 1.Price is taking near to resistance as well as horizontal resistance 2.200 Days EMA resistance at CMp
3.Price is near to 61% fibbo level
4.Risk Reward is 1:1.5
Trade active
Note
move stoploss to 1385Note
low made 1336...move stoploss to costTrade closed manually
close at 1344...with 34 points gain....Nifty in recovery mode
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