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XABCD
Jul 9, 2017 10:15 AM

Weekly Trade - Low probability in Shakti pumps Long

SHAKTI PUMPS INDIANSE

Description

Hi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.

Here's a trading plan for Shakti Pumps
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart

Entry: Type 2; i.e. Wait for 1 candle to close inside zone and buy at next green candle

Trade duration (max): 2 week
Note: Target, Entry and SL on chart
Comments
avikothari
What does the target (23.6) and stop (11.8) mean here ?
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