Friday, 25 January 2013

MARUTI Fail Trade ?


MARUTI : If you have been with me , where did we miss MARUTI ?
                  The trade was right , but the timeframe had the smaller channel dominant.

We missed this smaller channel and were paying attention on the longer ones.


A tick lower and the V shape recovery will be negated and the prices should be in hurry to touch the lower end of the channel.

If prices stay green from the opening till the end today , all possibilities of turning bullish again remains alive.
The bearish candle yesterday has put me in doubt .

My aggressive positions have been hit and if prices tend to rush to lower channel ,
Don't Forget to Pick it back near 1500.

SS






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