vanathi

Adaniports - May 22 Day Trade!

NSE:ADANIPORTS   ADANI PORT SPECIAL
251 4 11
Price action is consolidating inside a funnel pattern. Funnel pattern gives good break out. Buy above 350 with the stoploss of 347. Targets are 354, 357 and 360. Sell below 347 with the stoploss of 350. Targets are 344, 341 and 349. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 22, 2017 only.
Trade active: First target reached!
Comment: 2nd target!
Comment: Funnel pattern worked well.
Comment: It has become range break out,
@vanathi : >> Intraday calls depend on the market opening.

Sorry for being ignorant, but I am new to intraday, Can you please explain "depend on market with small example"?
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vanathi indradevvg
@indradevvg, Gap up, gap down days trading plan wont work.
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nikhil684 vanathi
@vanathi, so what do you suggest in those situations?what care must be taken?
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vanathi nikhil684
@nikhil684, Wait, watch then enter the trade.
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