Sniper-Traders

HINDUNILVR : Booked a profit of about 8.58%

Short
NSE:HINDUNILVR   HINDUSTAN UNILEVER
Booked a profit of about 8.58% on the invested capital.

I do realize that there is a potential move for about 5.8% to the upper trendline of the channel. But considering the overall valuation of the market, I expect a higher probability for a sell-off.

So decided to book profits in the stock as of now and to consider a re-entry if price falls back to the low of the channel.

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