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shiv2798
Aug 13, 2017 9:16 AM

Up coming Possible trade set up  Long

STEEL AUTHOR INDIANSE

Description

I am looking this stock will likely make a reversal in coming days near 54.25/54.50 , since the stock is in long term bull channel , i will be looking strong buying presence 4 Hour chart to go long
Lets see how it unfolds
Regards

Trade active

Price did reverse , after a Small Gap Down
Regards

Comment

Booked my F & O Lot from 55.50 to 63 its 7.5 Points on Lot Size 12000
Made 90000 in Two weeks
Cheers

Trade closed: target reached

and this is called technical analysis , whoever is doing analysis , one must make sure the anticipation of price reversal and target projections must be in alliance
and patience is key for every trade
Booked my F & O Lot form 55.50 to 82.50 total points gained 27 points on Lot size of 12000, Make your calculations what best you can gain in 100 + Days
Comments
nageshbabukb
What's your view on Sail for short and medium term ....
shiv2798
@nageshbabukb, Sir i booked my last F & O at 85 form 55 , and i am not entering again unless there is good correction in it , you can have your own views
Thanks
hotpot64
what would be the SL ?
shiv2798
@hotpot64, I think you can Keep today low , and this rally may be because of Independence day , Most of Investors are Modi Fan and they do like to keep market up for a while until this Function complete , So please keep booking profits if you see weakness
Regards
hotpot64
@shiv2798, ok Thanks
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