Thanks
Dont book profit in gap up or gap downs... because after booking profit, again it may give another gap up or gap down... so you will miss good opportunity
Can you please clear this point...
Dont book profit in gap up or gap downs... because after booking profit, again it may give another gap up or gap down... so you will miss good opportunity
Can you please clear this point...
For example,
Nifty buy signal comes at 6000 on friday evening
Nifty opens gap up at 6150 and stop loss moves at 6050 on monday
Nifty opens gap up at 6270 and stop loss moves at 6200 on tuesday
Nifty opens gap up at 6400 and stop loss moves at 6340 on wednesday
This is for example only.
So, same trend continues for three days. stop loss also not triggering.
In this scenerio, you can allow your profit to run . no need to book profit on monday.
Use the trailing stop loss given by super trend. that is enough. nothing else. dont take your own decision to book the profit.
The Name "SUPERTREND" Indicates to capture the full trend on high rally of the market.