Dear RS,
I am one of the silent observer of your thread and interested in Dhiraj's 2562 Theory. I have downloaded the excel calc. through link provided by u in this thread and got below stated values for Mini Nifty for today (Modified order for values taken at 9:40 am):
[email protected] SL 5036.7 T 5113.1
[email protected] SL 5103.2 T 5027.3
Now, say Sell order is initiated @ 5052.6 and price starts moving up. Now,
1) If the price reaches at buy price of 5087.6 should we open another position and let both the positions run simultaneously, or,
2) Wait for the SL to hit for the Sell open position, wait for the price to come again at Buy levels and then enter.
Please clarify the above situation for the sake of newbies like me.
Thanx.
I am one of the silent observer of your thread and interested in Dhiraj's 2562 Theory. I have downloaded the excel calc. through link provided by u in this thread and got below stated values for Mini Nifty for today (Modified order for values taken at 9:40 am):
[email protected] SL 5036.7 T 5113.1
[email protected] SL 5103.2 T 5027.3
Now, say Sell order is initiated @ 5052.6 and price starts moving up. Now,
1) If the price reaches at buy price of 5087.6 should we open another position and let both the positions run simultaneously, or,
2) Wait for the SL to hit for the Sell open position, wait for the price to come again at Buy levels and then enter.
Please clarify the above situation for the sake of newbies like me.
Thanx.