Possible day trade

147 12
The stock has bounced back form 4 week low , so it is possible it will make further high for few points ,
This would be day trade set up
Lets see how it unfolds
Trade active: Ha ha , Trade active
Comment: Professional traders know when to buy and when to square off , but i see many simply place their chart and say they are buying because of huge volume ,
Ha ha and they say its going to go without pull back ?? they just talk like kids in kinder garden school
Its simply they are not even educated basic of trading , they just post that is all
Comment: Good Morning traders
Good start , Price gaped down and picked the speed , now for day traders , book your profit with 1 % to 1.5 % move and keep trialing the stops once the price moves away form the Zone
Comment: Book your profits , Book your profits , Book your profits
Those who have bought on Friday or Thursday , Please book your profit
130 is best price to book
Form 125 to 130 is Good one
Trade closed: target reached: i have booked my profit at 130
Made my day from 125 to 130
Lot size 4000
Made 20000
Comment: i have been constantly informing people to get educated , because i believe true education only can get you results , without it , it will be like empty mind with empty wallet
i have given time based information , which is very precise and check all my charts if you want to know how they worked along with time , you will not be surprised to see 90% of them are made exit before the price action go for correction
i even expressed my concern that this run is not much lived after entering and gave information to everyone to exit at best price at 130 , and you can check the chart in order to know yourself that my information was more accurate and profit booking was more successful then any one who stayed for longer period
I am not trying say or express to follow my charts , i am asking people to learn so that you can see what i am expressing in my charts and can increase your trading probability to more successive ways
This trading view is best charting software i have ever come across , if any one can support them then its value addition , because they are providing excellent software in order to get you more accurate information
All the best , the buy is not active , please do not buy now in this stock
@nba514986, if you are still holding KPIT, then please exit.
Hi Shiv, can I buy now? need to wait tomorrow as weekend?
shiv2798 avinashdnaik
@avinashdnaik, Yes sir its hovering around that place , its not going to go up today or tomorrow but in 3 trading days it will make
@shiv2798, Thanks for the quick response. will do as you advised.
shiv2798 avinashdnaik
@avinashdnaik, You look for today price action , as i have expressed it would visit again 122.50, it has visited 122.25 and then bounced form it , if some is saying that the price would remain in top then run away form them , the price action always comes back to those level to retest again then move up in strong momentum ,
Hope i have given sufficient information why one must not jump on stocks when they are on high
shiv2798 avinashdnaik
@avinashdnaik, You can look for adding if you are buying Cash , then there is possibility that the stock can visit 122.70/122.50
you can add more but stop would be the same 121.50
@shiv2798, Thanks Shiv. I am on long Fut@124. till now going well. Will square off @128 as per ur advice.
shiv2798 avinashdnaik
@avinashdnaik, Please sir , Please book your profits , because the Nifty & BNF are running at edge of cliff so any change in the sentiments can effect the other stocks too , which is not necessary to worry but people thinking and humans behavior will put in different dilemma
@shiv2798, Okay & agreed. Thanks for the wise advice.
Sir, Based on the chart. I have taken a long position now. Hope it is fine. I have kept a SL as mentioned in the chart @ 121.5. I will accumulate more on the downside & I can wait for the next 2-3 months time frame
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