Top Bearish Stocks of Today

Short Trade: Trane Technologies plc (TT) – 204.30

Best Trading

Trade Details:

Selling pressure with a negative market sentiment from the upper trendline resistance.
It may break its 200 EMA support after which it may go down sharply.
This stock is trading in a range and it may fall to the lower range.
This is the 3rd time it has been reversed from the upper resistance area.
RSI is also reversing from the upper zone and seems bearish.
Risk Reward 1:4

Trade, SL, and Target –

Entry = 204

Stop Loss = 206.05

Target = 195.85

Please note: If the price breaks the above trendline then you must have to exit because it may go up quickly above the trendline.

Reversing from the upper resistance levels of its 200 EMA.
It may fall towards the lower last support zone which is also a swing low.
You can hold this trade for more than a day if the overall market sentiment is negative and it crosses below 55.
RSI is falling down after touching upper resistance levels.
Overall market sentiment is negative so we can look for selling pressure in this stock.
Risk Reward = 1:3

Entry = 57.23

Stop Loss = 57.70

Target = 55.82

Please note: You can hold this trade for a bigger target if it goes in our favor. Follow the SL strictly.

This stock is reversing from the upper resistance zone of 175
On the daily charts, 175 is a strong resistance level.
It may fall from the current resistance levels as it will go down towards 170 levels.
RSI is reversing from the overbought zone and it may fall sharply.
Strictly follow the Stoploss and Target and trail your stop loss at cost if the price touches 173
Risk Reward = 1:3.5+

Entry = Below 175

Stop Loss = 176.17

Target = 170.50

Please note: Must Trail your SL and keep SL at cost after getting 1:1 Risk-reward.

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