Bajaj Finance 2016 Diary- Let us not fight markets above 760
Trading Strategy
Going ahead - I will look to sell below 760 recent low- because that is the safest as we already had 200+ points in this stock in the last month & a hatrick.
Risky Traders can sell below 830-833 once it starts moving below with recent high as stops
This is how we moved in 2016
In below charts- click the charts & use load bar feature
2-2 Troubles the stock
Enjoying Niagara Fall from 924 to 805
What a hit for 867
Hatrick with 200 points
Going ahead - I will look to sell below 760 recent low- because that is the safest as we already had 200+ points in this stock in the last month & a hatrick.
Risky Traders can sell below 830-833 once it starts moving below with recent high as stops
This is how we moved in 2016
In below charts- click the charts & use load bar feature
2-2 Troubles the stock
Enjoying Niagara Fall from 924 to 805
What a hit for 867
Hatrick with 200 points
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
ManojDagia
Hi Abhishek can i sell now
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AbhishekHSinghCMT
ManojDagia
@ManojDagia, we don't have confirmation yet as I said 830 should be taken out downside
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AbhishekHSinghCMT
ManojDagia
@ManojDagia, Yes Prices are choppy upside chances of falling is great as- sand castle can't hold longer. So, we should be looking to sell close to 860-870's -only problem is we don't have confirmation or stops to be maintained for selling.
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