When price is in really in complex structure you will see every clown ( who copy my charts ) have different views or no views at all they simply sit ideal
thats because they even dont know what is happening
This scrip is due for one more move up , prior to move up the small correction is likely to happen
One can wait for reversal on daily after tag the reversal price place , and look to book near the target
Trade active
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Adani & Ambani , these stocks are Cranky , They are so tricky lots of Pattern Identifiers miss the turning point
Now my view is bullish , it can turn form this current moment or it can make one more correction
One can look for buying 1 Hour bullish Brake and stop below the Bullish brake candle
if you are stopped out then look for re-entry if the stock comes below the current level , My view on bullish sentiment is intact Look for buy set up
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PUT THE STOP TO COST
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Sorry charlie we too got stopped out at cost , Now we are looking to Go long only on daily reversal after it tag the reversal price
Trade closed: target reached
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it made to target , we booked early before today ,
we made from 388 to 351 , we lost our confidence on this for further down because of its cranky behavior we booked 37 points per lot in futures
Hi, could you explain a little more about how you made this analysis?
Love your posts, really great insight to a rookie trader!
ShreeKrishna
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@ktndbiz, Hello , i have already explained my view when i 1st posted the chart , i do not know your status of ability to understand what kind of explanation you will understand when i explain little more , but for sure i have a method of forecasting ( Elliott wave Theory ) , and based on that i have prepared this forecast , all though the theory is an application for interpreting price movement
Love your posts, really great insight to a rookie trader!