I-Fund-Trader
Short

Sell on Rise ( Dont follow herds )

NSE:MARUTI   MARUTI SUZUKI IND
405 views
2
405 8
Guys there is lots of miss direction posts are coming for this , dont be fooled by market temper-wary sentiments look for sell set up in Futures on 4 Hour reversal , Just dont buy or sell , Understand the concept , in my understanding the pattern is Zig Zag formation , and I am using 2 day candle charting so the noise is reduced ,
Hope you will take better decisions
Trade active: Now you know how professional sell and retail buy in mass psychology
Comment: Yesterday and today there was full tweeter logs calling Maruthi is moving , Ya moved , ha ha those who are running some telegram channel , beware from them , they do not have any idea of long term trend direction and tend to attract new trader saying its free for inter day and other but i have doubt they are not having full essential knowledge, keep enjoying the post and take safe trades
Comment: SO enjoying the short sell , actually we are holding our short selling Quite top 9800 in July and we are just rolling over , Looks like we will make our target with in this month , trail your stop in case sold
Comment: Currently covered at 8425
Trade closed: target reached: We are Updating as Target reached , because form this moment the price will enter in lots whipsaws , We traded form 9800 to CMP 8270
Its Party time Now
Comment: and Exactly this how the technical analysis is made , Not simply Writing about what is doing or sales are coming , Nothing , simple look in the price you will get answer , if you dont look in the price and if you look news , You will get the answer in Your demat account
Is bottom in place for this , Maruti moved above the trend lines volumes also supporting, coming quarters (festive season) should be good.
Reply
@krishika, May be , we are still watching it , we will cover our shorts in case move up , and look for confirmation of any trend reversal , Regards
Reply
krishika I-Fund-Trader
@I-Fund-Trader, Have you covered full at 8425 or part booking ,
Reply
@krishika, sir i have not covered , we have rule based system , we tend to hold as per our rules and we will exit on strong reversal , any weak price action we add new shorts , basically its 10 lots , 10 % move , so we sell on rise and we cover only on strong reversal in 4 Hour , we some time also give away our earnings that is a part of trading
Regards
Reply
Sir in Monthly Time Frame ..Is it making double top? if yes, it can go 7200 levels ? what would be the positional level for long term investment?
Reply
I-Fund-Trader LUMASWWAR
@LUMASWWAR, sir simple easy to understand is buy only when you see Monthly candle in Green , and sufficient to explain the range is Quite big enough once when you see Green candle and strong range in Weekly , Take your decision , until it shows you some strength its better to wait
Regarding double top or double bottom i do not have that particular knowledge i use system called Wave analysis
Thanks
Reply
LUMASWWAR I-Fund-Trader
@I-Fund-Trader, Thq sir
Reply
perfecto!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out