Britannia Weekly Doji: Possible Short
Monthly gives a mixed view with green candles and minor resistance rejections.
Weekly:- Doji formed at Monthly Resistance, price losing steam, showcasing negative bias.
In daily, there is a nominal bearish divergence in RSI as well as red candle rejection of monthly resistance. Now, awaiting a TL break to further confirm this bearishness and go short with SL of 3420 and target of 2847.
Weekly:- Doji formed at Monthly Resistance, price losing steam, showcasing negative bias.
In daily, there is a nominal bearish divergence in RSI as well as red candle rejection of monthly resistance. Now, awaiting a TL break to further confirm this bearishness and go short with SL of 3420 and target of 2847.
Note
The breach of TL is not so convincing. Looking for a clear break today.Transaction en cours
Britannia results gave it a gap up. I don't consider results in my analysis. Hence, I'm not creating a bearish option strategy. 1. Bought 3300 PE at 93.4
2. Sold 3150 PE at 34.7
Note
Typing error, "I'm CREATING a bearish..."Trade fermée manuellement
Exited with max gains on expiry. twitter.com/afzal_57
Chartered Accountant | Trader | Trainer
| afzallokhandwala.com
| afzallokhandwala.com
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Chartered Accountant | Trader | Trainer
| afzallokhandwala.com
| afzallokhandwala.com
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.