Jeevan_Shetty

Dabur (Bearish WW)

Short
NSE:DABUR   DABUR INDIA LTD
Let price close below 525 for safe entry
Trade closed: target reached

Comments

How do you decide stoploss in WW?
Reply
@kabs148, Just above point 5. Entry is always crucial
Reply
kabs148 Jeevan_Shetty
@Jeevan_Shetty, seems like in this, it just hit stoploss and went down.
Reply
@kabs148, Not realy.. once price came inside the trendline our SL was safe, we had to wait for proper entry.
Reply
kabs148 Jeevan_Shetty
@Jeevan_Shetty, as soon as the trend changes from 5th point, we enter or may be after 1or 2 candles. but if we do that, stoploss gets hit. what should be the entry point then or how do we decide?
Reply
@kabs148, As soon as u see bearish reversal patterns like Doji or bearish engulfing etc, u can take entry. But these patterns should first bring the price below the trendline. then as per ur risk appetite place a sl at candle high or point based SL and keep on trailing
+1 Reply
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