Bank Of Baroda

17 בנוב׳ 2016

I have here used the ABC pattern with subwaves 3,3,5. In the C wave as you can see is still forming. here are a list of reasons why i believe that this stock is about to correct.

• wave C is still still under completion with 2 subwaves remaining.
  
• Double top formation.
  
• Formation of indecision candle on both the tops.
  
• Channel formation where even if the there is another high, the upper bound of the channel would act a a resistance and retrace back to fib level 23.6% before continuing downtrend.
  
  

Please leave feedback and comments!!!
Cheers

21 בנוב׳ 2016

הערה

Trade triggered today. And we are more than 70% closer to the target.

21 בנוב׳ 2016

הערה

Although target has been reached. This is another good time to enter short in this trade. Lets ride it all the way down

6 בדצמ׳ 2016

עסקה סגורה: היעד הושג

6 בדצמ׳ 2016

עסקה פעילה

9 בדצמ׳ 2016

העסקה בוטלה באופן ידני

Markets may go up so closing the trade. I have a strong upward bias.