Kinnari_Prajapati
Education

Real-World example of Price ROTATION trade and accurency

ITC (NSE:ITC)  
NSE:ITC   ITC
Keep your stop loss Outside of a penetration area.
The trade will execute after breaking up/down will give you the direction of trade.

Following points should be observed before entering to trade.
  • 1) Volume should increase from the normal range of it.
  • 2) The volume with the price. For instance, if down-breakout, price fall with raising volume will favor of your trade direction.
  • 3) Take price when price heavy surge in volume , because of most of the trader book the profit at that time.
  • 4) Read price but not news or other talks.
  • 5) etc.
If you want to get UPDATE/ALERT when a breakout, LIKE this post.
Comment: ITC is still in price rotation and first touched to uparside penetration.
Trade closed: stop reached: I hope you learn from it. after up penetration, we have seen fall.
Trade closed: target reached
Thanks for updating itc... good work
+3 Reply
What is price rotation exactly and why its happenned in market?
+3 Reply
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