ShreeKrishna

Knowing the structures

Short
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
One can always have an Competitive edge when they understand the basic constructions of patterns & Structure in stock market in the form of Price movements

What are the indicative information of these structures , Why they are so repetitive, why they perform so high predictability, so on you will have lots of answers

when one turns them self in understanding these price behaviors

I call them as structures , few call them as Waves of the price movements , few call them what they like to call it , it does not matter what you name or call it

all it matters is understanding and interpretation of the same for benefiting the trade Opportunity

Currently I am looking this is due for one more move down , One can wait for close out of the current pattern ( small structure ) and then take short sell trade for next move down
please note this move will be slow due to its ending nature , it will also contract at the end of the trend ,

you must trail the stop once price moves away form your trade price

I am starting an Venture for small F & O traders where they can take trade with me and benefit form the best trades until the trade completes

One can PM your details i will reach you out

Thanks
Trade closed: target reached: We are closing our trade with trailing stop on 1 Hour candle
so far 212 to 175, in short selling of futures

37 Points per lot

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Contact: email- wave.traders@yahoo.com
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