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vishnu76
Jul 5, 2020 2:13 PM

SBI LONG DEMAND ZONE Long

STATE BK OF INDIANSE

Description

BUY 179.60
TARGET 185.10
STOP 176.60

Comment

DEMAND ZONE IS THE AREA WHERE PENDING ARE WAITING UNFILLED. OUR PLAN IS TO TRIGGER THOSE PENDING ORDERS IN OUR FAVOUR WHEN PRICE COMES BACK TO THE ZONE. THATS WHY WE NEED TO BE PAtient FOR THE PRICE TO COME BACK. RISK TO REWARD RATIO IS 1:2. MY STOP LOSS IS 1000RS. TARGET PRICE 2000RS. MY CAPITAL IS 1LAKH. I TAKE RISK OF 1% OF MY CAPITAL. THIS IS MONEY MANAGEMENT AND RISK MANAGEMENT

Comment

price moved far away. may ignore the plan or prefr type 3 entry
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