vanathi

BPCL - May 31 Day Trade!

NSE:BPCL   BHARAT PETROL CORP
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I have found a new pattern known as "Hut Pattern". You can see a man standing outside the hut. Our quest on May 31st is to find out where the man is going. Whether he is going towards the Sun or towards the fallen apple . Buy above 742 with the stoploss of 737. Targets are 748, 753,757 and 760. Sell below 737 with the stoploss of 741. Targets are 733, 728 and 722. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 31, 2017 only.

Note : I have already found two patterns. 1. Boomerang 2. Pencil. "Hut" is 3rd one.
May 31
Trade active: Long
May 31
Comment: Target 1 reached.
May 31
Trade closed: target reached: Closed on 1st target
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That is the coolest thing i have yet seen!!!!!!
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vanathi inderjeet05
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Where is the Tree?
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RishiAjmera RishiAjmera
@RishiAjmera, Just wondering! Saw this for the first time. Have you backtested this?
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vanathi RishiAjmera
@RishiAjmera, Backtested pattern only
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inderjeet05 RishiAjmera
@RishiAjmera, They probably cut it to make the hut.
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vanathi RishiAjmera
@RishiAjmera, No place for tree in the available space :)
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@vanathi, I really appreciate this. You've your own way of trading! cool.
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Hats off princess to your analysis, both ADANI ports as well as the hutman. God bless you
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vanathi Sarsans
@Sarsans, Thank you for the kind words.
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