After 1.5K run . Continue of " A clear downtrend starts here" . Lets be neutral and start fresh with open mind. We are currently short term bearish and long term bullish.
1.5K run continued. Previous thread was " A clear downtrend starts here"
Stop loss and hedge must . As market turns unreasonable every day.
Well high probability trade evident on the charts for DXCM.
Even high probability does not mean much sometimes due to changes in market conditions and external factors. so trade with Trailing Stop loss.
Tomorrow might start on a positive note but remember major trend STILL NEGATIVE. Trade for small upward humps upward till confirmation.
Market is always out of control. So trade with caution , trade smart and with SL.
Almost a sure buy from here as it reaches 2019 level again. Hope this time it will not fake out.
Stop loss with hedge must.
Remember failures are more frequent than success but still pro traders are one who survive.
Biocon is buy as it rises to first level above solid base of 201
Safe players buy above 278. Now its risky if it slips from here for short term.
this current level OK for SIP folks.
Stop loss and Hedge must.
Can u see the double retrace and retest ? with increasing slant W in Dixon. This reduces the upward risk on breakout. This you will not get in youtube video. NSE:DIXON
Create a box and see the breakout and breakdown. Take trade in that side with strict SL.