vanathi

Auropharma - July 24 Day Trade!

NSE:AUROPHARMA   AUROBINDO PHARMA
Buy above 748 with the stoploss of 743. Targets are 753, 758, 765 and 769. Sell below 743 with the stoploss of 748. Targets are 738, 733 and 727. 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: Long
Trade closed: target reached: On 1st target!
Mam what was buy and sell price for your trade...since I was unable to catch this trade...
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Should I not have started this at 748.5?
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abbasl7 abbasl7
First target reached.

Thanks, @vanathi!
Reply
vanathi abbasl7
@abbasl7, Welcome. Read my analysis, but trade based on your trading plan.
Reply
abbasl7 vanathi
@vanathi, Sure. That's the way I do. I keep looking at Volume, ADX, MCAD, and EMA while doing anything. :)
I generally wait till "opening noise " is subsided before I trade, but today I felt like I did it a bit too early. So had a doubt if it wasn't a right decision for a while.
Reply
abbasl7 abbasl7
@abbasl7, One question though.
Your comment says Trade Active: Long. What does Long indicate?
I thought it meant "looking beyond Intraday".
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