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WaveTalks
Jul 25, 2017 6:20 AM

Federal Bank -Taking U turn@119-Can this be bearish Gartley Short

FED BANKNSE

Description

Pattern Invalidates above 119.50+ . As suggested in previous update mentioned below in morning, which is running for federal bank- looking for a small pop up to 119.00 - 119.50 zone. Wow!

There is a bearish gartley which can play it's role if it remains below 119.50 for targets 117.80- 116.70 & below 116.50 as per previous update 114.50- 115 zone.

Previous Update - Gartley Trendline - Federal Structure ( Correction- it is Crab pattern)

Trade active

12:25 Hrs 25th July2017

Last Price@118.65

In morning at 117.80-117.90 I expected a small pop up to 119-119.50 & was out by 118.70 - we can use that money to take this trade so effectively we don't lose anything in this trade if it goes against us.

Trade closed: stop reached

Taken our stops at 119.50
Comments
venkatesh7hills
Hi Sir can u give me ur Conntact Detileas my Whats app number 9987805565
Sourav
waaah nice ;)
SatyamMishra
Dekho dekho
SatyamMishra
Where to short it sir ji
WaveTalks
@SatyamMishra, 118.80-119 - if you read my morning update - previous one - I have stated clearly- staying out at 118.70 for a while. Read last update in earlier federal idea.
SatyamMishra
@AbhishekHSinghCMT, ok closing my long & going short
WaveTalks
@SatyamMishra, Markets don't give time to react - you are lucky that you get time to react slowly. Market dynamics are simple - it won't allow you to make money if you can't react fast.
SatyamMishra
@AbhishekHSinghCMT, made a high of 119.65
WaveTalks
@SatyamMishra, Arre , Sir Invalidate ho gaya hai. Stop loss hit Intraday.
SatyamMishra
@AbhishekHSinghCMT, yes I got it even my stop hit just ping kiya aapko
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