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vanathi
Jul 21, 2017 3:25 AM

BPCL - July 21 Day Trade! 

BHARAT PETROL CORPNSE

Description

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