Saturday, October 2, 2010

Andhra bank ... upside blast after 3.10 PM

Intention of upside blast  after 3.10 PM ...is  only to  trap small traders who traded with insufficient funds...and shorted below 164.40 hoping they will make some money ....they lost heavily on it ..only in 20 minutes of play ...it will again trade below 164 but the damage done will not be reversed ...
See on interactive chart the  high it made at 9.17  was trading there at 3.10 PM too and was trading in very close range of 1.5 point ..and broke-out   by 6  points in last few minutes ..