I-Fund-Trader

Long with Caution

Long
I-Fund-Trader Updated   
NSE:INDUSINDBK   INDUSIND BANK LTD
This scrip it adamant , its moving in very small rang expansion , now correction in this is not possible until they brake 2000, if you are thinking of Going Long, put your stop once price moved above the buying level on 1 Hour , its likely spike up and tag 2000+ few points and then turn around
Trade closed manually:
Closed on brake even , its not moving
Comment:
here is an example if you really have talent to give forecast ,I forecast this in May , but price was really moving very slow , so i did come out , but look the movement its almost made 1995, this itself will give you a view how the forecast should be and you must have room to get out in case you are wrong , that means your forecast should be based on Higher time frame so that when you enter if price did not move , You can one point come out with Brake even , no need to take loss ,
Hope you Guys now understanding how Professional works and how retail tend to trade in excitement
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