Chennai Petro - Running out of fuel

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.

交易开始:

Short at 326 stoploss 328, trade along with main index

评论:

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

交易结束：到达止损:

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