vanathi

BPCL - July 21 Day Trade!

vanathi Mod Updated   
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.

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