Idea - Technical Update

by Dean Market Profile on Wednesday, May 22, 2013 in Idea, Stocks, Updates

Possible HnS in Idea, a smaller hns in the right shoulder as well.
A BD below the NL should give a tradable move into this expiry.
A very good Reward to Risk ratio trade, with an obvious SL above the high of the smaller head at 132.70.

About Dean Market Profile
Dean is a fulltime trader for last 13 years. He is passionate about technical analysis. His instruments of choice are Nifty and banknifty futures and options. His main analysis and trading tools include advanced techniques like Market Profile, Voilume Spread Analysis and Order FLow Analysis. Dean is a teacher at heart and loves sharing his learnings with committed traders. You can check out his courses here...

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Wednesday, May 22, 2013

Idea - Technical Update

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