Trend Acting as Resistance: Time to Sell - Stock Identified

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Have a look at the adjacent chart and you will realise that how CAMS is reversing time and again after hitting the resistance line.

Now, when it hits the resistance, you can straight away short the stock.

However, make sure that when a stock hits the resistance multiple times, it becomes weak and stock can breakout above the resistance and thus one always has to trade with a stop loss. This caution be always kept in the mind.

Make money using our Bank Nifty Trading Tips to be a part of the group which make upto 30% intraday profit everyday,

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