AUTOMATED TRADING

AUTOMATED TRADING

20 November 2012

WONDERFUL OPPORTUNITY WAITING IN M&M



































THERE ARE WONDERFUL OPPORTUNITY WAITING IN M&M. AS PER ABOVE CHART THE STOCK HAS ZOOM TO 3.27% TODAY AND 4.9% IN TWO DAYS AND TOUCHED LONG TERM WEEKLY CHANNEL. ALL TECHNICAL INDICATORS ARE PLACED IN OVERSOLD ZONE ON BOTH DAILY AND WEEKLY CHARTS.
WILL THIS STOCK BREAK UPPER CHANNEL LINE OR IT WILL REVERS FROM THERE LIKE EARLIER. ANYONE CAN TAKE RISK HERE.
SHORT M&M IN FUTURE SEGMENT OF DEC SERIES AROUND 945-948 SPOT PRICE WITH STOPLOSS AT 955 ON CLOSING BASIS. IF STOPLOSS HIT REVERSE YOUR TRADE ON THE LONG SIDE FOR THE TARGET OF 975 AND STOPLOSS WOULD BE AT 944 FOR LONG TRADE.
GOOD STRATEGY TRADE NEGATIVE IF FAILS TO CROSS 945-948 STOPLOSS 955.
TRADE POSITIVE IF SUSTAIN ABOVE 945-948 STOPLOSS WOULD BE AT LOW.

SHORT THIS STOCK 
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