Nifty is the king. Trade as Nifty is moving.
1.It is not compulsory that Confirmation candle will come the next day. Give a day or two. But on closing basis it should break heavily the previous days low.
2. Never take calls on charts which are having horizontal and vertical sharp tradings.
3. What ever is is your support level profit booking should happen prior to it.
4. If you think stock is going good trail your stop losses to get maximum benefit.
5. Any chart formation should have near by support levels , RSI should not be overbought or trend line supports.
6. Any call should not exceed more than a week.
7. Stocashtics should be in the oversold territory and overbought territory should be taken as selling point.
8. Be happy with 4 or 5% profit saving of capital is more important.
See syllabus for Technical analysis training in Mumbai,India.
1.It is not compulsory that Confirmation candle will come the next day. Give a day or two. But on closing basis it should break heavily the previous days low.
2. Never take calls on charts which are having horizontal and vertical sharp tradings.
3. What ever is is your support level profit booking should happen prior to it.
4. If you think stock is going good trail your stop losses to get maximum benefit.
5. Any chart formation should have near by support levels , RSI should not be overbought or trend line supports.
6. Any call should not exceed more than a week.
7. Stocashtics should be in the oversold territory and overbought territory should be taken as selling point.
8. Be happy with 4 or 5% profit saving of capital is more important.
See syllabus for Technical analysis training in Mumbai,India.
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