These big candles indicating that price is at supply zone in higher TF Price failing to breach these levels and go up Even though price is again and again going back to its supply zone 1) It is creating lower lows in lower time frame 2)Getting rejection from 0.786 Fib levels in intraday
All the levels are mentioned in the chart what the price comes there all you have to do is buy 17350 PE 6 oct expiry Price will be around 15-17 rs . Risk per lot is 750-800 .
Managing the trade: If the trade goes in our way *Exit half Quantity 1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY. *NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES.
Ghi chú
Price is at 15 -17 now (12:48 PM)
Ghi chú
Price has made a high of 29.90 till now ! (2:27 PM)
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