Disclaimer !
All the levels for Learning Purpose only. Risk involved.Read "Our first post for more details"

My Intraday 11.12.2017 watch list:
All entries are on 5 min candle closing basis.
All entries are on 5 min candle closing basis.
BHARATFIN - Buy Above 1006
Sell Below 998
GRASIM - Buy Above 1140
Sell Below 1130
TECHM - Buy Above 497
Sell Below 494
JMFINANCIL - Buy Above 155.5
Sell Below 152.5
Have a 2nd Ref before you trade
Note: Target 1 is Risk Reward Ratio (RRR) 1:0.75, Target 2 is RRR 1:1 and final target RRR 1:1.5
For example if a call is Buy above 100 and sell below 98, then here risk is 2rs,If we bought, so our first target would be 100 + (2 * 0.75) = 101.5 and target 2 will be 102 and target 3 will be 100+(2*1.5)=103. Always book partial profits and revise SL to cost. Try to book full at Target 2, if you're risk averse.
Remember: if trading on these levels, Pls don't miss to read below post to limit your losses
http://www.techno-funda.com/2017/06/personal-intraday-tips-for-beginners-my.html
Thanks :-)
Can you please write one post about how you decide "buy above" price and "sell above" price (i.e. support resistance)?
ReplyDeleteYes, sure. Will try asap.
ReplyDeleteMeanwhile pls check shooting star 🌠post, where you can understand sell below