SHORTING OPPORTUNITY ON VOLTAS FOR JUNE 8 2020

2020년 6월 7일

Price rejected two times at a KEY RESISTANCE LEVEL that is respected since March. the chart is likely to form a double top pattern as you can see a rejection on price trying to break the KEY RESISTANCE LEVEL at 581rs.

If the price is rejected, when the market is opened, it seems like a good entry for shorting.
else if the price breakout of the key level with very good volume, you can go Long with your stop loss below the KEY RESISTANCE LEVEL.