Dear friends, make your own trading plan. My analysis is like a tool which helps you. Trading is your own responsibility and follow your trading plan always. Buy above 493 with the stoploss of 490. Targets are 497, 500 and 502. Sell below 490 with the stoploss of 493. Targets are 487, 484 and 480. 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.
Trade active:
Long
Comment:
use trail stop
Comment:
1st target!
Trade closed manually:
@498. 493 to 498, 5 pts gain!
Comment:
Our final target was 502 and voltas made 501.4 irrespective of the weak market sentiment.
