Hare Krishna !,
Hope you had followed my sell idea on ONGC yesterday and would be in good profit.
for those who did not , no despair..an intraday opportunity may show up in the day.
Even if you use any other method you can make money as the BIAS is sell side and target is 119.
to understand the indea please visit the related ideas link below for details
As PREDICTED in the Price forecast for the Stock in the linked idea, it has reached its support.
As intelligent trader one should wait for the break or bounce of this level.
A Trader is not a Gambler
Please read the info in the linked idea for getting further information
Hare Krishna !
The Below is for the ardent seeker.
Would you believe if i say that the "REAL PROFFESIONAL FUND MGRS" DO NOT take trades of patterns like Harmonics,H&S or Elliot Waves...
When i got a chance encounter with a few billion dollar Investment Managers & asked them about above patterns THEY LAUGHED...
Don't believe all the things you find on the...
Sharing for educational purpose to learners.
As per my idea of selling Asian Paint in the below linked ideas.
Took the position on 12 Sep.
Example of Professional Trading involving patience and precision.
Losses will come but profits will outshine them in the long run.
Had Bought the stock yesterday( Infy Long) as per the linked idea below.
Now moving stop loss at break even( Buying price of 815.70)
Even if it comes down i don't loose anything, but if it goes up i make some money.
Always respect the unpredictability of the markets and take the profits when they come.
Always keep your trading professional
Tata Consultancy Services
Lets Analyse :-
a)TCS which has the single largest market cap in the Indian stock market dropping down for the '5th Consecutive Day'.At the same time the Nifty is showing some strength.
b) Looking at the chart we can clearly see that the stock has found sellers in between 2250-2300 price range on 3 different but consecutive...
After hitting my TP 2 on the previous sell nifty order it has retraced back just as expected in the related idea posted below.
My Sell Bias has not changed, Will be looking for selling nifty in the red colored area / break of the TL. Will Target...