ULTRACEMCO short setup - Hunt with tRex

Short at 4400

Low risk high reward setup

T1: 4320
T2: 4250
T3: 4150

SL: 4455

Trade geschlossen: Stop wurde erreicht:

HIT WICKET!

Kommentar:

We will look for shorting opportunity in Ultratech Cement. The trend line could act as a resistance.

Kommentar:

Ultratech Cement currently facing resistance

Kommentar:

Our entry was wrong in this trade but the setup worked (its like a surgeon saying saying operation successful but patient died :P :D )
After triggering our SL: 4455 it made a high of 4510 and from there on it could not sustain and moved towards our final target T3: 4150