It was a trending day today. Specifically the BNF move was one sided with great volumes.
Managed to get one move in Kotak Bank and booked around 1%. Had posted the trade on twitter and I hope some were able to benefit.
Bajaj Finance gave the fastest and biggest move from the list today. Unfortunately the pullback came too late and I couldnt trade it. It was the biggest miss of the day. Doesn't matter, we live to fight another day!
Nice and clear view thank u sir....liked alot the way call given
ReplyDeleteNice and clear view thank u sir....liked alot the way call given
ReplyDeleteThank you for your kind words Bhaumik bhai
DeleteHello, Nice explanation, just want to understand how you decided the entry point.
ReplyDeleteFrom chart my understanding for SL and TSL is SL is decide on bassis of low of the entry candle and after that first res candle low is considered as trailing Stop loss.
Please explain us in detail how the entry point has been selected
Nishant ji....the entry point and the first SL is decided as per the PA behaviour and is not a fixed rule. It depends upon the level at which I feel the scrip can give a move and at which point will my hypothesis will be incorrect. The TSL is also based on PA. I cannot explain the entire setup here as it would not do justice to it and I would not like anyone to make a mistake in understanding the trade setup. Trading without proper understanding can lead to losses. Hope you understand.
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