I-Fund-Trader

Neutral stand

I-Fund-Trader Updated   
NSE:INDIGO   INTERGLOBE AVIATIO
I am still looking one more drop to 800 and turn around , some what not convinced with current set up , if brake up side its very limited till 1000 and down side is also very limited till 800 , so currently waiting for next move to take place
Most likely it will drop on Monday further down side before making an attempt to move up ,
Until it brakes one of the high/low of current range i am not in trade
Comment:
Yes it did not move up , that means my count is correct , it will likely come down before making an move up , wait for current low to breach and then reverse
Comment:
i am still not convinced , i need one last drop to 800 and reverse , and the reversal will be clearly visible in the price action ,
Comment:
Did you miss the buy ?? at 799 , well i bought it , ha ha
Comment:
Lastly today it confirmed the further up side move is possible
Comment:
it made another drop before turning back , we did add another lots when price dropped to 696 and now holding two lots in profits , Now i am looking to make an exit after 930 with any weakness in the Price , one can look for trailing the stop in case bought and holding it
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