If any one see the charts of BEML will say the bullish momemtum to take the long entry. But as a Pro trader lets wait market to touch our level rather than chasing the market. suppose if we buy above 705 our target is 730 & SL is 670 which is not good reward to risk ratio. lets wait the price to touch the marked or buying level between 685 to 675 & SL/target level remains same. If price not touch at this level better to skip the trade. Hence this will favor our risk to reward ratio. so add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
drive.google.com/file/d/1_PKz2Sq...
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
drive.google.com/file/d/1_PKz2Sq...