AniketKabir

Neighbours Envy Owners Pride

Long
NSE:WIPRO   WIPRO LTD
"This is my trading journal, not a trade recommendation. I Will be Posting and updating the ideas regularly, as market progresses, only for educational purposes for me and others who want to benifit from my experince.

Another long opportunity till 516, Breakout from triangular consolidation, Stop loss 407.

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Trading in the stocks market or futures markets is one of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.

This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
Comment: Lookout for long opportunity when prices touch dotted magenta line.
Comment: Can you rust this 10 month long trend ?
Comment: change of behaviour
Comment: stop loss level tested but not on closing basis.
Comment: prices are at 260/480 bar (i.e 54%) break out of prices from triangle pattern generally occour at 66% ( i.e at 320the bar out of 480(base of triangle).
Trade closed: stop reached: stop loss gone
Comment: FUNNY..!!
Comment: Lessong: HA...A victim of SL Hunting.
Everything played out as per traditional wisdom except a modification of recent phenomenon not considered i.e Stop loss hunting.
Trade closed: target reached: Vo Na-Asna Se Muhabbat hai Janta hoon Magar,
Yeh Dil Khulus-e-Mujjassim hai, Kya Kiya Jaye..!!

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