If one has the appetite to buy one can buy NOW ..or wait for price to get to near 30 points for nifty and 100 points for Banknifty to come near stoploss and then enter...Choice of risk of loss is yours.I would suggest to wait for a safer rate...BUT still I posted this ,Cause the mkts are in a good mood to go up...and it may not correct...Thumb rule is ,you can take a higer risk if you have 4 lacs trading capital..Minimum ,IF you have 2 lac capital take lesser risk....
Reason to buy is that the price crossed over the ATR indicator...see the green line on the chart.
Reason to buy is that the price crossed over the ATR indicator...see the green line on the chart.
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For those who want to enter lower..I will intimate here ,,whenever it comes
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Sorry...By mistake posted only BN...Nifty chart posted separetely
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Those who dont have a BN trade..enter at 42900
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New stoploss 42820 5 min holding
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New stoploss is for ALL
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As I said..you yourself will define based on your capital which is over 4 lac or less than 2 lac to define your risk as Safe or Aggresive trader
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OKay ,For those who are confused when to enter higher or lower..Then just follow what I ENTER...I am a safe trader...I post for both traders..safe and aggressive
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Please note that every 30 min the stoploss goes higher..reducing our risk..which is why stops keep changing reducing our risk
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Your lesson=See if you have enter far from stop..you will go thru stress....and also wait a loong time for profit..to be 1X
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BANKNIFTY HIT TGT 1X PLUS...150 POInts profit= 2250..