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I-Fund-Trader
Jan 7, 2019 12:08 PM

Short selling Continuation  Short

MAHINDRA &MAHINDRANSE

Description

This is sharp impulse down and dont be fooled by some move up , dont buy it right now and sell on after you see a flag formation or some thing similar to it
and Look to sell on the brake of the structure and book near new low . I am looking this as an Possible expanding flat ,
waiting is very very important for this kind of trades

Trade active

Like i said , its an correction , and its forming a Corrective pattern , Look for brake of the structure short selling and ti will likely move fast

Comment

Exactly , i updated post yesterday , Hope you guys are in it , put the stop to cost

Comment

Yes now its near to my forecast CMP 688 , Look for trailing the stop
Here i want to say one word to those who follow the telegram channel , You will die but will not make money with them , one has to understand that the market needs sufficient accelerated momentum in order to move profitable moves make profits and that is not easy to understand , You look at their charts and you will come to know , they are barely giving information what will happen next , and you look in my charts you will come to know the knowledge can get you proper visions , and proper results

Trade closed: target reached

We closed it today before EOD at 681
we booked profits from 720 to 681
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