Above shown chart is of CAMS, in Weekly Time Frame.
The script looks good to me.
As you can see, I placed a Horizontal line .. somewhere about 3000 price level.
My plan was to take entry, around 2890 or so .. but, i could catch it on time. This, I'm writing after taking the position.
I took entry yesterday, on the closing end.
Reason for this trade is simple .. it looks good to me.
The Red line you see, that's the resistance I'm expecting. If it breaks that level, I may add some more quantity, depending on the scenario.
Not a good time i suppose, to build new positions. But anyways, I entered with small quantity.
No targets as usual, it will all depend on the conditions.
For stop loss, I put 2783 price level.
Thank you.
The script looks good to me.
As you can see, I placed a Horizontal line .. somewhere about 3000 price level.
My plan was to take entry, around 2890 or so .. but, i could catch it on time. This, I'm writing after taking the position.
I took entry yesterday, on the closing end.
Reason for this trade is simple .. it looks good to me.
The Red line you see, that's the resistance I'm expecting. If it breaks that level, I may add some more quantity, depending on the scenario.
Not a good time i suppose, to build new positions. But anyways, I entered with small quantity.
No targets as usual, it will all depend on the conditions.
For stop loss, I put 2783 price level.
Thank you.
