Ultimate_Trading_System

A Head and shoulder spotted

NSE:EQUITAS   EQUITAS HOLDINGS
1. head and shoulder spotted
2. wait for a breakout/rejection
3. Enter with neckline as your risk


**trade safe and be a responsible trader**
**Learn, there is no other way**
Comment:

Comments

I have entered at 55.50 level. do you think its a good level to enter
Reply
@mentalFish39192, Hi, Looks ok, You entered earlier than showed here on the breakout, so once the breakout is done, you can manage your sl(s)
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mentalFish39192 Ultimate_Trading_System
@Ultimate_Trading_System, Today its trading above 58 levels as i had expected once it if out of F&O. Should i hold till above 60 levels
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@mentalFish39192, All I can comment on this is that you can trail your stops on a smaller timeline too for any higher targets you might be looking for.
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mentalFish39192 Ultimate_Trading_System
@Ultimate_Trading_System, ok thank you..in todays news ( Price Band Revised From No Band To 20%: Century Textiles, Equitas Holdings, Ujjivan Financial Services) the price band has been increased now. Is this a good thing?
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@mentalFish39192, :) Are we trying to justify our trade here? Whether it is a a good thing or bad, try and not justify your trades with such info - This is an honest humble advise from a veteran!
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mentalFish39192 Ultimate_Trading_System
@Ultimate_Trading_System, haha true that. Usual habit of justifying our trade. Cant agree more. I just go with my conviction. Was expecting 60 levels by next week. if it reaches will book profit and exit. If it again reaches buying levels will again enter. Thanks for the advise
+1 Reply
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