Well..Back to my ATR line..Average traded rate..Buy both these indices..and follow the stoploss which is just below the average price line ..shown on the chart..Note that the risk here is very less...SO once you double or triple ur profits ..relative to risk taken you get ou
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stoploss here is held for 5 min..kindly note the error of 30 min,Ignore 30 min ..apply 5 min
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18930 and 42430 are the new stoploss points..
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18980 and 42450 is the stoploss now
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both stoplosses should be held for 5 mins to be true or active
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42300 is the New 5 min stop for banknifty
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18900 is the new stop for Nifty
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Now your entry price is the stoploss...safe guys book profit.....others hold for more...Now risk is zero...anyways
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safe guys made 100 points in nifty and 300 in bank nifty ..roughly 5000 and 4500 so 9500 Rs profit...other holding lock at cost and greed for more
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THose who are holding with a lock at cost..I expect the Nifty to shoot up...AS long as it closes at or above this level
Trade closed: target reached:
See the math=we risked X amount...we got the same X amount in profit...or 2X in profit..You take it home..we got 2X risked amount and got out...
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Now we wait to enter another trade watch out
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Markets are NOT what it used to do traditionally specially from this year onwards..Traditional knowledge or technical don't work...Thank fully my trading line system is working beautifully..