maruti larsen in verge of fresh break out

216 9
pl. check lnt earlier post
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
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thank u boss
bearishbull1968 bearishbull1968
i am smiling towards bank seeing stars and carrying my baby
+1 Reply
InsiderB bearishbull1968
My View:
Caution : Don't trade , Don't enter (Refer chart below) ,Just watch weekly price action candle.

you might be right
neneram 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.
thanks for your alternative view
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