Wired Psychology of Institutions Price chase

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This looks like wired , but today the institutions are really struggling to take steps which are previously taken or previous price action levels , most of algorithmic trading leave their foot prints behind , this stock is also giving very clear information on how the institutions are behaving creating un recognizable patterns to retail traders , few will succeed to identity and most of retails are end up in losing 3 times and taking profit as 1 time
this stock is long way to go , for immediate short term goal is 1365+
Looking to go long on pull back near 1220
Trade active
Trade active: Any Drop is buy
Comment: Expecting to exit near target as its very slow in Price action
Trade closed: target reached
Added today at 1280... looking for higher targets ... if market stays positive I am not surprised to see 1400 in this month only...
shiv2798 nageshbabukb
@nageshbabukb, Grate , it should go , even nifty correct this will move
Well explained sir..thanks :-)
shiv2798 naizycm
@naizycm, Stay with it , it will make the target , Regards
shiv2798 naizycm
@naizycm, Naizy you read the News , Delhi based algo trader was using data form NSE and was involved in price rigging , He was direct Broker to NSE ,
naizycm shiv2798
@shiv2798, sir what will be effect of algo trading, if we know range of stoploss andand target , I think it will not cause any harm to us....
Plz correct me if I am wrong...thanks
shiv2798 naizycm
@naizycm, Algorithm Trading is nothing but Programmed trading you will code your trading strategies and you will trade accordingly but what was happening is people use the information of where the maximum buy price is taking place programming the software which is illegal then they rigs the price below it in order to take everyone out triggering the retailers stop and then take the price high in order to sell back to them and continue in the same direction of the original trend , by doing this the Small & Medium investors use to lose the money , some Organized crime group use to do it , Institutional and Domestic investors do not do this because they are bounded with government regulations , now SEBI IT department is hunting all such illegal activity , You can follow your strategies stop and take profit but surly this kind of illgal activity if goes down then you will see more smooth price action and clear vision in your investments returns , Regards
naizycm shiv2798
@shiv2798, ok sir I got the point, but group of those algo people must be rich people, from what source they are gettingthe that much money, I wonder!- this must be sought out .... further comment is welcomed
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