vanathi

Arvind - July 3 Day Trade!

NSE:ARVIND   ARVIND LTD
618 32 23
Buy above 362 for the stoploss of 359. Targets are 365, 367 and 370. Sell below 359 with the stoploss of 362. Targets are 355, 352 and 350.
Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for short. 4. Dont enter trade if there is no clear buy/sell signal. 5. Enter when price action breaks 15 mins high/low.
Trade active
Comment: 1st target!
Comment: Can I say 2nd target? price made high at 366.9 :)
Comment: Follow me in twitter!
Trade closed: target reached: Today's high so far is 369.4 and 370 was our final target. Closing this trade at 368.
368 - 362.7= 5.3 pts gain
Comment: Here we go. Our Targets reached :)
Hey Princess. So I am new to your "kingdom" and just starting out. What would you recommend as a starting point. My risk appetite is "high"
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vanathi kunalmathur
@kunalmathur, Don't trade!
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@vanathi, That's an easy way out when someone asks how to start, isn't it?
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vanathi kunalmathur
@kunalmathur, Your "risk appetite" should be in normal level to trade. Not high/low.
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@vanathi, Okay so its normal. Where should I begin?
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vanathi kunalmathur
@kunalmathur, Read all my posts about "Newbie's corner" and "Trading psychology". Study the books I have mentioned in those posts.
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@vanathi, Thanks Princess :)
Reply
vanathi kunalmathur
@kunalmathur, Welcome to my "Trading Kingdom" :)
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Great call @Vanathi !!!
Do you see the formation of cup in Arvind now ?
Reply
vanathi ProfitHoga
@ProfitHoga, Yes. But 370 - 373 is resistance zone.
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