Buy above 366 with the stoploss of 363. Targets are 370, 374 and 377. Sell below 363 with the stoploss of 366. Targets are 360, 356 and 353. 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.
the stock is below all SMAs, pivot level 366. support is at 361 resistance is at 369. my view is bearish. only thing is that the stock is in oversold zone
vanathi
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@Sarsans, Right. I expect the channel break soon. It seems like moving down, but lets see tomorrow.
jackson_philips
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@vanathi, So are you a Trader or an Analyst :) ?
or Both
vanathi
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@jackson_philips, I am a trader and I write my trading plan here :)