Chennai Petro - Running out of fuel

Atualizado
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.
Trade ativo
Short at 326 stoploss 328, trade along with main index
Nota
Chennai Petro forming a line. "Line indicates movement"(Dow theory)
Trade fechado: stop atingido
This post put a question mark and I answered it in "Volume and big game".

Role I play here : Moderator.
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