vanathi

BPCL - July 21 Day Trade!

NSE:BPCL   BHARAT PETROL CORP
Buy above 469.5 with the stoploss of 466.Targets are 473, 476 and 480. Sell below 466 with the stoploss of 469.5. Targets are 462,459 and 456. 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: Short
Comment: stoploss is 366. entry is 363.9
Comment: 466 and 463.9. This stock is testing my patience by moving sideways!
Trade closed: target reached: On first target as price action didnt show momentum.
@vanathi Did you mean SL is 466 and entry is 463.9? :P

Anyway, even I shorted.
Short at 464.05.
Target 462.05. SL 466
Fingers crossed. :)
Reply
abbasl7 abbasl7
Target reached.
Thanks, @vanathi ! :)
Reply
vanathi abbasl7
@abbasl7, Good to know :)
Reply
mam - may be typing mistake - please look the price mentioned
Reply
vanathi balakrishnabza
@balakrishnabza, corrected. thank u.
Reply
Trade active isnt it?
Reply
vanathi kiruba94
@kiruba94, not yet
Reply
kiruba94 vanathi
@vanathi, but the first 15 min candle's close is 464.. your sell price is below 466 so i thought it's active
Reply
vanathi kiruba94
@kiruba94, h/l is 468.55/463.9. It is not broken yet
Reply
kiruba94 vanathi
@vanathi, ok i understood your concept now! thank you so much!
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