Well on of the Most Trusted theory of price movement in stock market is R N Elliott " Wave Theory " Most try to explain it in varied way , but its one of the simplest system any one can understand
Currently this chart is showing an completion of Wave 2 ( Which we refer as corrective wave ) and Impulse wave 3 is developing
Price started form its IPO value and made an impressive wave 1 and entered in side way correction , without leading to deep or sharp correction
its completed its three wave with in corrective structure which we label them as A B C , it has formed an contracting triangle and slowly its moving up
One can look to add on drop and buy on CMP basis for long term position
Trade active
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from 390 to 445 , it was Good 10 % + move
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We booked our lot based on trailing stop at 478 we made from 390 to 478 , 88 Points in Future contract
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and the Winner is ShreeKrishna ,
Again telling you friends following my public post is nothing , its just a Tip of iceberg
Real time entry are so excellent earnings you cant just imagine
We are in this trade form 390 and prier entry was 348 , Now we are booking our
holdings in Futures segments at 500 % 505
Money Just hugs us , and kiss our pockets like a baby