Chennai Petro - Running out of fuel

12. Jan. 2017

Price action of Chennai Petro shows weakness by forming 1. Descending triangle 2. Less volume
3. RSI momentum. Will update target, stoploss, entry in comment seeing price action.

13. Jan. 2017

Trade ist aktiv

Short at 326 stoploss 328, trade along with main index

17. Jan. 2017

Anmerkung

Chennai Petro forming a line. "Line indicates movement"(Dow theory)

24. Jan. 2017

Trade geschlossen: Stop wurde erreicht

This post put a question mark and I answered it in "Volume and big game".