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vanathi
Jul 20, 2017 11:35 AM

DHFL - Pattern Quiz! 

Description

Quiz Time : What is this pattern called? a. W shape bottom b. boat pattern c. irregular rounding bottom. Feel free to answer :) Whatever the pattern is, price action is moving upside breaking the resistance at 466 - 470 levels. Above 475 is entry provided price shouldnt break 470. Targets are 485 and 495. Please share your views.

Trade active

Long 474. Swing trade!

Trade closed: stop reached

This is what happens when I dont follow my trading rules. Price didnt break 15 mins high and falling from beginning.
Comments
jaguar.paw198
Voltas is healing my wounds that this damn stock gave me.
vanathi
@Jaguar.paw198, Ok.
jaguar.paw198
I hope all have exited their positions in this stock
vanathi
@Jaguar.paw198, Bro, people here are very smart. Dont under estimate them. I think they should be in huge profit by going short!
jaguar.paw198
@vanathi, Yesterday I was among smart people. I reversed the position when SL hit and recovered my loss.
jaguar.paw198
long @476 SL 469.75
vanathi
@Jaguar.paw198, Ok!
jaguar.paw198
@vanathi, SL hit :(
vanathi
@Jaguar.paw198, It happens. Dont worry.
jaguar.paw198
@vanathi, Should I enter again at current price? Are you still holding it ?
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