I-Fund-Trader

One last Push before turn around

Short
I-Fund-Trader Updated   
NSE:INDIANB   INDIAN BANK
This one will make one last push before making turn around for short term correction ,
Look for reversal on 1 hour and Can go short in Futures with stop above the reversal candle ,
Trading Futures is not advised to every one due to high risk
Trade active:
Well this one has made a move as per forecast , Now this is high time to look for reversal on 1 Hour and take a trade , its not necessary that it will fell like how it has moved , it may form a Doji or high legged doji , usually after a such a large push it will likely produce , but surly its time for correction ,
Look for sell set up before Going for short selling and stay with it , trail your stops
Comment:
So far from 371 to 361 in Futures , Looking to trail my stop , its not dropping in Momentum , expect one more move up before heading for correction
Comment:
So far form 371 to 351 , Made 20 Points
Comment:
If you know where the stock is heading , then you will sit on right place , No worry , Only Money Rain , but if you try to speculate in Narrow range and try to take trade , then you know the results ( No of loss you have taken)
Always look for larger time frame and take a decision on which side of the trade you want to be ,
This one from 371 to 341 , in Futures and who says that money can not be made in the stock market , we are making tonns of money
Keep booking by trailing stop and let the market take you out form position
Trade closed manually:
Booked form 371 to 335 , in Futures Made 36 Points
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