BEARISH-GONE BELOW SUPPORT

A DOWNTREND IS CREATED BY BREAKING OF SUPPORT AT 180 RANGE. RSI SHOWS A CLEAR DOWNTREND SIGN. VOLUME IS HIGH UNDER BUYER CONTROL.

4 Comments

V.VEDANAYAGAM 7 years ago

@eqsis
Dear sir /madam
Volume is attractive..What I know is given in the chart from which the reward risk ratio is not high as given in the trade plan

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- EQSIS 7 years ago
  
  Here the stop-loss should be above the 200 levels (recent high – supply zone), not at the previous broken point. i understand the risk rewards ratio is not in our favor. So its better we can avoid or consider other instruments (Futures and options).
  Thanks @veda417 @jtswitheqsis
  
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  - V.VEDANAYAGAM 7 years ago
    
    Murugan sir
    Thanks for your feed back
    
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Tamil Selvam J 7 years ago

Thanks for correcting. Will rework accordingly.

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