- Divide your capital into 4 parts
- Select 4 different scrips to trade (from 4 different sectors)
- Wait for the level to trigger above/below the recommended price (Method 1)
- Maintain strict stoplosses
- Book 50% profits @ 1st target and trial stop loss to cost. Book full @ 2nd target
- Smart traders can also buy around support level - sell below resistance level and vice-versa (Method 2)
Example:
Nifty Bullish Above 5080 (Resistance)
Nifty Bearish Below 5020 (support)
Method 1: GO WITH THE TREND (For High Movement/Volatile markets)
- Buy Nifty only above 5080 or Sell only below 5020.
- Follow strict target and SL as given by us
Method 2: BUY AT LOW AND SELL AT HIGH (For Less Movement/Range bound markets)
- Buy Nifty slightly above support/bearish level (around 5040) with SL as 5020 or Sell slightly below resistance/bullish level (around 5060) with SL 5080.
- Maintain risk – reward ratio as 1:1
WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!
No comments:
Post a Comment