Bull Trap Swing trade on IFCI:

HI friends,

this is a swing trade on IFCI, it is not a wolf setup,

This is based on Bull trap setup.

See the charts for detailed SHORT trade.

Dont overlook it as the reward is very high compared with risk.

Regards,
Winston

Winston,

We would request you to be on the prowl as a Wolf , Trapping the Bull is fine & OK but frankly your identification of Tisco was Gr8,looking forward to more of Wolfe .

Asish

Hello Winston,

I couldn't get the point from the chart. I was wondering what was the bull trap here. Can you explain it?

Praveen.

Hi praveen,

let the trade go right, it will be really fun to learn the mechanics behind it then!

Will surely explain it !!!!!

Regards,
Winston

Are we considering the volumes too when ascertaining that this is a bull trap. If you can include volume attached to the chart, it would give a greater picture.

Regards
Raj

Raj,
He is happy ,he has told that he will disclose his finding , i am visualizing his joy after IFCI falling,i will atleast cajole the king then ,to disclose to this mortal beings,all of us have gone through this moments of ecstacy ,let him enjoy his moments.
Think about Tisco,he identified it at Rock Bottom & envisaged 520.00 then ,
unbelievable,simply superb ,a lot of 650 nos ,would make anybody of us Happy,bravo.

Asish

Hi all,

IFCI stop Hit with a nominal loss!

Regards,
Winston

OK mkt humbels us everyday.