Union Bank Long for Day Trade
The price broke its long term area of supply/ Resistance and closed at high of the Supply Zone
the Price also moved in overextended way to up trend , it will undergo for profit booking at this level and one can Look for Jump in on small pull back Near or at 168 with stop of 165 for Target of 175
I am looking to enter on pull back , but with 100 % Strict Stop Placing
How do i take such trade ?
01) I Place stop loss as my 1st order
02) I place buy order as my 2nd order
03) I keep trial My Stop after every rise in 2 Point
04) I Place my take profit in 2 Different stages 1- Price rise from buy level to 0.6 % Sell off my 50 % of stock , 2- Keep trial the stop loss until 2.45 PM or 3 PM then i book on CMP and get out form day trading
05) I will never trade without stop for such extended Price action in day trading
Regards
the Price also moved in overextended way to up trend , it will undergo for profit booking at this level and one can Look for Jump in on small pull back Near or at 168 with stop of 165 for Target of 175
I am looking to enter on pull back , but with 100 % Strict Stop Placing
How do i take such trade ?
01) I Place stop loss as my 1st order
02) I place buy order as my 2nd order
03) I keep trial My Stop after every rise in 2 Point
04) I Place my take profit in 2 Different stages 1- Price rise from buy level to 0.6 % Sell off my 50 % of stock , 2- Keep trial the stop loss until 2.45 PM or 3 PM then i book on CMP and get out form day trading
05) I will never trade without stop for such extended Price action in day trading
Regards
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