reciprocating between a big range
Fortis healthcare has been reciprocating between a range(around 25% ie. big) since Aug. 2021
I entered two times after the range form 1st-aound 24 feb 2022 (there is huge gap down because it open at bottom support range and pump up so I entered) booked around 25%>>> 2nd recently 14 June ( after entry , huge consolidate near support level but I intact, again 23% captured)
It is just a update about a swing strategy (how to trade big range)
I think this is only way to take trade in range to get max. profit.
So whenever there is a range always try to enter at bottom whatever the conditions are there.
eg. market bearish , huge gap down in that stock {simply Do not care if price near bottom just enter with small SL , if by time price move down due to worst , take your SL & exit, enjoy your small loss )
This is very simple strategy ( but most of people do not follow)
Happy Swing Trading
I entered two times after the range form 1st-aound 24 feb 2022 (there is huge gap down because it open at bottom support range and pump up so I entered) booked around 25%>>> 2nd recently 14 June ( after entry , huge consolidate near support level but I intact, again 23% captured)
It is just a update about a swing strategy (how to trade big range)
I think this is only way to take trade in range to get max. profit.
So whenever there is a range always try to enter at bottom whatever the conditions are there.
eg. market bearish , huge gap down in that stock {simply Do not care if price near bottom just enter with small SL , if by time price move down due to worst , take your SL & exit, enjoy your small loss )
This is very simple strategy ( but most of people do not follow)
Happy Swing Trading
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