Buy above 166 with the stoploss of 164.5. Targets are 168, 170 and 172. Sell below 163 with the stoploss of 164.5. Targets are 161, 159 and 157.
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.