bearishbull1968
Long

maruti larsen in verge of fresh break out

NSE:MARUTI   MARUTI SUZUKI IND
215 9 9
pl. check lnt earlier post
MARUTI            
stock is trading inside upward raising channel
touched lower end and now in pull back mode
chances of the stock touching higher end is high
Comment: trade not triggered
Trade active
Trade active
Comment: trade live and kicking both on lnt and maruti
Trade active
Trade active: trade active on maruti and larsen
Comment: maruti close to the channel
revise sl to cost and wait for the target to exit
Comment: both lnt and maruti in cruise control mode
Comment: we are closing in on the target mentioned
get ready to alight
Comment: home stretch in maruti
Comment: start booking profits between 6445/6600
Trade active
Comment: first target reached lighten positions
Comment: reached the upper end of channel mentioned
Comment: start booking profits
Comment: maruti 150 points up today
Comment: getting close towards 6600 final target mentioned
Comment: maruti swift ride
Comment: swift ride towards bank
Comment: 200 points and counting
Trade closed manually
Another Bumper Hit!👌👌👌
Reply
Awesome Boss !
Reply
thank u boss
Reply
bearishbull1968 bearishbull1968
i am smiling towards bank seeing stars and carrying my baby
+1 Reply
InsiderB bearishbull1968
Reply
My View:
Caution : Don't trade , Don't enter (Refer chart below) ,Just watch weekly price action candle.

Reply
you might be right
Reply
neneram bearishbull1968
@bearishbull1968,
Well there are lot of alternative , It will break above and form small green or red candle (evening star or abandon baby pattern) or it can form a shooting star ,
So I would prefer just to watch price action (Its all time high) rather than taking any trade.
Reply
thanks for your alternative view
Reply
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