HDFC bank: Trade setup for 8th July 2020

Buy: 1100-1105
Stop: 1092
Wait for price action to confirm

Bearish below 1090

Incase of gap up wait for price to retrace/Incase of gap down as long as 1090 is not breached can initiate longs.
Do not chase the market.

Fundamental truth of the markets
1. Any thing can happen
2. Every moment is unique
3. I don't need to know what the market is going to do next to make money
4. You'r edge is defined over a series of trades not on a trade on trade basis
---------- Mark Douglas
Trade active: Long @ 1112
Stop @ 1090


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