Tuesday, March 9, 2010

predict the result of my imaginary trade???



I am placing an imaginary trade
    I shorted SBI at 2055.00 at approx 9.30 Hr and placed my Stop loss say 1 % above for safe play to 2076.00 in the hope that I will get some nice gain for sure and before placing my order I studied on SBI in this chart using RSI, W% R, last five days decreasing Volume and Bollinger bands all 4 indicators were clearly indicating that go short ….please have a look ….
And the stock price too moving south wards means Bears grip was there and sbi was moving down slowly  towards my profit target and chart too showing that every thing was going in correct direction …please have a look …


Previous close was 2046.00 and it was trading well below to it ….. Will u please predict the result of my imaginary trade??? and have free 1 hr session on 14 March  from  10  to 11 AM  with  me and my dhanvarsha  course students at yahoo messenger ... please mail your replies to dhanvarsha@yahoogroups.co.in

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