Axis Bank - June 22 Day Trade!
Updated
Buy above 512.5 with the stoploss of 509. Targets are 516, 520 and 523. Sell below 509 with the stoploss of 512.Targets are 506 and 503. We have analysed and planned our trade as usual. Now we are going to see the trading rules. 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.
Note : My trades will get activated and closed as per the trading rules. I will add trading rules as I develop my trading system "Vanathi Waves".
Note : My trades will get activated and closed as per the trading rules. I will add trading rules as I develop my trading system "Vanathi Waves".
Trade active
LongTrade closed: stop reached
512.5 - 509 = 3.5 points loss. Short @ 509 and closed that trade @ 507. Gain = 2 pts.Net loss = One point + Brokerage.
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