The stock Looks very Attractive (deceptive) when seen on weekly or daily , but true face of the stock is very much visible on Monthly chart
Higher price rejection and strong bearish momentum is visible , even though the stock is rising , but how far it can go , when you have institutional selling their stocks to armatures , you want to buy now ?? rather selling on high ?? ,
Proverb :
" A Fool in hurry drinks tea with chop sticks "
Regards
Higher price rejection and strong bearish momentum is visible , even though the stock is rising , but how far it can go , when you have institutional selling their stocks to armatures , you want to buy now ?? rather selling on high ?? ,
Proverb :
" A Fool in hurry drinks tea with chop sticks "
Regards
Trade closed: target reached:
1st Level of Price action short selling is Done , Sold Feature at 365 and booked at 352.50
If you look Carefully the Previous Month High was 365.70 and Stock Made 367 and failed to hold
this is called Minting of Money
Cheers
If you look Carefully the Previous Month High was 365.70 and Stock Made 367 and failed to hold
this is called Minting of Money
Cheers
I had warned every one that the price looks attractive , those who are long will be left in pain for long
in 1st Hour 3.47 Million shares ware sold and who bought it ? Institutional because they know that the amature retail trader always buy when small % move is made to higher side and sell back to with loss , those who understand this kind of concepts can stay longer time in Stock market those who fails to understand will not be there ,
Regards