LICHSGFIN Short gone wrong

LICHSGFIN Short gone wrong 

I traded Lichsgfin on short side today but it went wrong with loss.

I got one more opportunity to short it again but out of fear i did not take the trade.

Its not enough to select a great stock its hard to manage during the trade.

Important Points 

1. Stock Selection =   Result was on 29.10.2019 so we can see action today.

2. Entry Point = Below Opening Range 

3. Exit Point = At next Support Level   

Stock reached to below support level in afternoon session. But without me in trade.

Lesson Learned = 

Always wait for market to come to you. Dont run after market. And take action when the market is in your favor. 

checkout the chart.