Superb trade Mhatre...Was not sure whether 85 levels would hold last few days it has been making lower bottoms but yesterday especially showed lot of strength in holding till close.
What triggered this trade at 84.5?
Anyways even PIB charts have gone for a toss,was thinking about holding overnight till 80 levels but levels never come in absolute figures so thought of squaring off.
What triggered this trade at 84.5?
Anyways even PIB charts have gone for a toss,was thinking about holding overnight till 80 levels but levels never come in absolute figures so thought of squaring off.
Based on SH's 315 strategy.... now a days I have observed that signal generated out work very fast for first two days.... This signal was generated yesterday... but I was stuck in SBI(anyway SBI was also given with sell signal day before yesterday & we all can see impact).... Hence could not take more trade.... Hence missed opportunity yesterday.... So decided to grab it today....
Sh's strategy is positional.... But still I do not have courage to do that... Hence mostly square it off on same day.... unless advised by some one.... But if someone follow the strategy in positional mode then he will have handsome gains....