Rising Wedge of HDIL

• HDIL Has given a good breakdown from the rising wedge pattern. Those who spotted this pattern early would have entered a safe short trade. For now stock has reached the Lower bollinger band in daily time frame a potential support level one should be careful of taking short. 
• Price is testing 50 Day SMA. Seeing the pattern there exist possibility of more falls so one should try to short at higher levels.
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