Possible day trade set up

I am looking this stock is in all time high and its making very shallow correction and compressed trading , both indicate weakness in stock
Shallow correction indicate Institutional are distributing , I am looking this as a day trade opportunity and looking to go long after a small pull back ,
Lets see how it unfolds
Aug 17
Comment: I am looking to buy before closing expecting it will make or brake
Lets see how it unfold
Aug 17
Trade active: Trailing my stop
Aug 18
Trade closed manually: Closed at brake even
Aug 18
Comment: A Fool in this Forum is liking my Charts after i close my trade
What a Unthinkable psychopath are filled in this social net work
You Just cant stop Mad street dogs when they go wild with their vivid imaginations
Aug 21
Trade closed: target reached: Sold at 637 and booked at 620
Aug 28
Trade closed: target reached: Well My Target reached , Many not be exactly but surly at 642 i sold my Cash Holdings
Those who called me an Contrarian , those who liked my charts after i up dated as closed trade
I wish they continue to do so , because that keeps in live for grater achievements
Money making is only idea for some people , but here i am not for that , as i am already having it , but i have shared my little known knowledge to help those who do not know ,
All the best


+1 Reply
shiv2798 Parasuram
@Parasuram, :)
I have no words to say , but i am trailing my stop ,
shiv2798 Parasuram
@Parasuram, Sir I view every chart in Larger Opinion and also have contrarian views , why ?
When Mass think or Mass expectation is towards Short selling , Do you really think the Big Boys dont know about it ?? they do know everyone want to go short , In order to put everyone in little uncomfortable way they tend to move the market in side ways or congested trading and then they will come very sharp down in day season and then pull up wards only to take the stop of those who shorted , even some time they push in terms of % based , then they will put everyone in trouble and bring the price down
My thinking is not more than any one thinking , even small kid will have this kind of thinking ability , so lets see how it unfolds , i really do not care about small loss of 1 to 2 points , I am looking big , so lets wait and see sir
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