Live Intraday Trading - A story of trap for retail traders !!

What is a trap ?
A trap is a hype created by market makers for retail traders for making profit.
After getting some big deal's , there has been a continuous selling pressure in Reliance industries i.e, a perfect trap kind of situation in Reliance for retail buyers who bought Reliance above Rs.2000/-
What has actually happened in Reliance is a trap was made in which a lot uneducated retail traders would have purchased the stock at heavy valuation.
But , was that a good level above Rs.2000/- in Reliance may be , may be not .
Now , when most of the retail traders will be selling out of fear the market makers will buy the stock !!

The simple quote has worked in Reliance :
Buy when everybody is selling and sell when everybody is buying !!


Think before taking any decision !!!