Kansainer: watch for range breakout
watch for range breakout can buy for both swing and Intraday my focus will remain
to finish trade in intraday itself.
For Swing Trade -
buy above 610 and stoploss keep Sl below 590
measured target is 670 but remember its only theoretical for capturing maximum move always trail and book partially.
For Intrday Trade -
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
to finish trade in intraday itself.
For Swing Trade -
buy above 610 and stoploss keep Sl below 590
measured target is 670 but remember its only theoretical for capturing maximum move always trail and book partially.
For Intrday Trade -
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
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