Exit plan of Swing is very tough for me, I thought the following rules:
# Exit if Nifty falls 70 points from last high or recovers 70 from last low
# Exit if daily Stochastics show Over bought of 20 or Over sold of 80
But these sudden falls and spikes are very confusing, can anyone shed light on their swing exit strategy or what is wrong in my plan. I tried to see the Options chain but I could not get much and gets confused more.