Well,it is molten quite a bit since last published. Made quite a few points for followers. Now struggled to gain some ground to upper trend line as envisaged long back( it is abiding by the path drawn like a good student!).One can initiate fresh short trade with sl>383.Standard disclaimer: this is my personal view & mkt may or may not follow. One must use personal analysis/judgement/seat belts.
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trailed sl to just >380-81(cash level.Adjust the rate for fut)
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exit. sl hit.Not big. It happens friends.Trading is all about risk management.Lot of my other ideas like on PIDILITE.RAMCO,ADANI ENT,INFOEDGE ETC R WORKING FANTASTICALLY.LET THEM RUN.GET OUT OF FALLEN TRADES AS QUICKLY AS POSSIBLE.