My charts (and yours too........)

krist

Active Member
Hi y babukraman,
in one of your initial posts you had given a chart of SBI with ascending triangle and target of abt 100 points in a price of abt 3100, which is abt 3 - 4% of price.
I wanted to ask you what is the smallest percentage of target you go for? I mean target in percentage of price... say price is 100 and target is 103, wud you go for it? And what's the RR ratio?

Also, I see that you also consider various indicators in support of your decision. I have come to believe that these indicators are lagging and so are not of much use, but want to know the views of an experienced trader like you.
Thank you in advance. (Asked too many questions, please bear with me)
Krist.


 
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