Bata has made significant move with in short period of time form its recent brake out as impulse leg up
One can wait for brake of the structure and close below , then look for sell set up , and book near the take profit using trailing stop method
One can wait for brake of the structure and close below , then look for sell set up , and book near the take profit using trailing stop method
Trade active:
it is holding at this moment above the structure , but the Momentum is dying ,
If you get a proper set up at the start of impulse in 1 hour take short trade and put the stop once it moves away form the sell point ,
lets see what happen , I am looking this will have one big sharp move down
If you get a proper set up at the start of impulse in 1 hour take short trade and put the stop once it moves away form the sell point ,
lets see what happen , I am looking this will have one big sharp move down
Comment:
we booked all the short sell in the futures form 1882 to 1617 , using trailing stop method , we are looking for some noise in this scrip so we decided to exit using trailing stop method
we made 261 points per lot
we made 261 points per lot
having said wait for daily close