Stocks I'm looking to short tomorrow in #StockMarketIndiaStocks I'm looking to short tomorrow in #StockMarketIndia:
1. RBL BANK NSE:RBLBANK
Entry Level: ~164
Target Level: ~154
Potential Drop: -5.95% (~9.85 points)
✅Volume Consideration: Moderate liquidity (~301.92K)
✅Trade Plan:The price has broken support around 164, signaling a short opportunity.
✅Maintain a stop-loss above the entry point (~166-167) to avoid false breakouts.
✅Look for confirmation with increasing selling volume.
2. INDIAMART INTERMESH NSE:INDIAMART
Entry Level: ~2,150
Target Level: ~2,040
Potential Drop: -4.74% (~101.90 points)
✅Volume Consideration: Low (~11.17K), so be cautious of liquidity.
✅Trade Plan:The price is rejecting resistance around 2,150, a strong short opportunity.
✅A tight stop-loss around 2,175 to manage risk.
✅Consider scaling out partial positions near 2,080 to secure profits.
3. ULTRATECH CEMENT NSE:ULTRACEMCO
Entry Level: ~11,309
Target Level: ~10,944
Potential Drop: -3.23% (~365.60 points)
✅Volume Consideration: High (~25.88K), meaning smooth execution.
✅Trade Plan:The stock has rejected an intraday resistance and is forming a downward move.
✅A stop-loss above 11,400 should prevent large losses.
✅Watch for large institutional selling volume confirming breakdowns.
🎯General Risk Management:
✅ Position Sizing: Do not risk more than 2% of total capital on any trade.
✅ Stop-Loss Placement: Maintain strict discipline on SL levels.
✅ Exit Strategy: If market sentiment shifts, consider exiting early.
Just for educational purpose. 📚
Not a Buy/Sell Reccomendations❌❌❌