NSE:TATAGLOBAL
HOW TO EXIT THIS TRADE ?
THERE IS NO TARGET ON THIS TRADE ITS RATHER BASED ON TREND FOLLOWING SYSTEM .
WE HAVE TO CONTINOUSLY SHIFT OUR STOP FOLLOWING THE TREND .
FOR EVERY PRICE MOVEMENT SHIFT YOUR STOP UP UNTIL ITS BREACHED .
HOW TO FIND THE STOP ?
STOP = CMP - 2*(ATR)
FOR EXAMPLE ON THE CURRENT DAY :
CMP - 253.45
ATR - 8.3
STOP = (253.45)...