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SHORT PIDILITE FUTURES FOR A SOLID TGT OF 770/760/718 SL800

Discussion in 'Technical Analysis' started by raja_praveen, Jun 29, 2017.

  1. raja_praveen

    raja_praveen Champion

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    YESTERDAY THE CLOSE WAS BEARISH AND IT MAY CONTINUE WEAKNESS TODAY AS WELL.
     
    raja_praveen, Jun 29, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    I guess you hit a stop loss on this and I always suggest you should not short stocks that are in strong uptrend unless you see a trend reversal. There is no trend reversal in Pidilite.
     
    shabbir, Jun 29, 2017
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  3. raja_praveen

    raja_praveen Champion

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    Yes exited with marginal Loss. By watching yesterday close I expected it may loose further but INDEX also turned against me. Anyways thanks for your kind advise I will make a note of it.
     
    raja_praveen, Jun 29, 2017
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