shiv2798

Bank of Baroda Short

Short
shiv2798 Updated   
NSE:BANKBARODA   BK OF BARODA
5
The stock is heading area of supply or Strong resistance Zone , Where the institutional investor look for selling or Book Profit and week hand buyers will buy( in participation) and make loss to their accounts
I am waiting to sell stock at or Near 189 to 191 with stop of +5 Points and book my profit near the closing of day
One can see the demand Zone is Near 160 so , simple sell on every rise and book profit at the end of the day
Regards
Trade active:
The trade is active Now as the stock made high of 188.35 On Monday based on Movement in Nifty open , I am looking for short selling ,
I believe this chart should give a clear picture, One has to look the Zone of selling not the Price Point , Many commented they are going short , even after reading the information i have put along with chart ?? i think they should know how to read the charts and understand the Zone , Because those who sold today in 1st Hour have lost their money with Stop Hit and losing their amount ,
Why i am writing this ??
Because after doing my analysis i have made very clear information that i will be looking to sell Near 189 not on open of the price , with stop of +5 Point , but many misunderstood and must have done wrong trade , so please do read charts the information written in it ,
Regards
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