#7 Live Trade Kotak Bank 1L invested lets see
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✺ LOGIC ✺
✣Yellow Trendline: Supportive price line (Low-risk setups are created on this line )
✣Blue Trendline: Strong Resistance
✣Pink Trendline: Good Resistance
✣Red trendline: OK-OK Resistance
✣Blue Horizontal line: Monthly Resistance now Support LEVEL
✺Plan
✣One should enter on these levels with a Risk of 4% and hold as much as you can, as its a low risk and high reward setup
✣If you are a Breakout trader then enter only when it crosses all the resistance trendlines and SL can be below the Candle (small risk) or Swing low, I would say go for small risk as there might be some other good trade that u might miss the more you wait on a loser trade
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<<Thank You Have a Nice Trading Day>>>>>>
✺ LOGIC ✺
✣Yellow Trendline: Supportive price line (Low-risk setups are created on this line )
✣Blue Trendline: Strong Resistance
✣Pink Trendline: Good Resistance
✣Red trendline: OK-OK Resistance
✣Blue Horizontal line: Monthly Resistance now Support LEVEL
✺Plan
✣One should enter on these levels with a Risk of 4% and hold as much as you can, as its a low risk and high reward setup
✣If you are a Breakout trader then enter only when it crosses all the resistance trendlines and SL can be below the Candle (small risk) or Swing low, I would say go for small risk as there might be some other good trade that u might miss the more you wait on a loser trade
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<<Thank You Have a Nice Trading Day>>>>>>
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