Sell in Futures & Stay with Trend

This one is coming down in ERC , its very likely continue the trend to further down side , One can Look for selling short in Futures on CMP 538.50 with stop closing basis 545 , once price makes to 527 put it to Brake even , do not close it for small profits , You might want to see weather it will reverse and make one more move up or it will continue , suppose if it brakes 527 and moves on then You are in Good long Profitable trade , if price reversed and take you out its Zero loss trade ,

Zlecenie aktywne:

Hope you Guys are in trade and holding it

Komentarz:

They reversed form 531 , Now my trailing stop to brake even Got trigger and I am out , Certainly this is not the pull back i am expecting , Next week Monthly contract expire is there , so this one is just a short cover pull back , I am still expecting it will continue down ward flow

Komentarz:

Kay Bola ra bhai thara ko , ki yo log wapas ayangya ,
so far from 541 to 535

Komentarz:

Patience has paid finally , Now its Closing below the specific level
so far from 541 to 524 , trailing my stop now