Priceaction is consolidating forming a line. Buy above 590 with the stoploss of 586.Targets are 595, 600 and 605. Sell below 582 with the stoploss of 587. Targets are 578, 574 and 570. Trading rules for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for short. 4. Dont enter trade if there is no clear buy/sell signal. 5. Enter when price action breaks 15 mins high/low.
I am holding lot of 610 CE NOV expiry. should I keep on holding it or exit?