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shiv2798
Sep 15, 2017 12:18 AM

A Graphical representation of stock movement  Short

DABUR INDIA LTDNSE

Description

The stock always moves against the direction of Original trend in order to make believe the brake out is happening and retail trader will buy , but it never changes its original direction until it makes a specified price level in order pick the stocks at low price and start towards the higher level
i just made an attempt to explain it in Graphically representing by arrow mark towards the original trend
If anyone have Questions please ask i will try to answer
Regards

Comment

Did you see the spike to take all buying small retail traders ?? its really pain full in this kind of price action

Comment

Did you miss me , Humm , i told you the original trend where it is heading

Trade closed: target reached

Price did make 298 i dont think the stock will come down further Covering my short at 305
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