ShreeKrishna

Next move

ShreeKrishna Updated   
NSE:EICHERMOT   EICHER MOTORS
One can look for trading in the Zone , if you want to know how to trade in the Zone then you can look to down load mark Douglas book trading in the zone and you will understand how to trade this kind of set up

The bear trend is not over yet for this scrip , any rally and pause is a opportunity for sell set up trades

Good luck
Comment:
we booked our long trade form 13300 to 14810 in futures , our target was 15250 but we thought its nice move and in single day it has moved significant so we made exit

We made 1510 points per lot , we traded 5 lots in this scrip , Now any upside move pause and reverse is trade or set up opportunity for short sell , it will take 3 to 4 days for formation of dis-appointment in this rally before cracking towards down ward trend
Trade active:
sorry for delay in updating , we sold the futures once it broke 14655 , and now we are holding with trailing stop , Our goal is to trade this until it reaches our forecast , and we will trade only using trailing stop , if we found our self wrong we will get out form the short position
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