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GRASIM had EVENING STAR with good volume on the second day
trade plan GRASIM SHORT ENTRY 3910
STOP LOSS 4000 (RISK 90 )
TARGET 3350 (REWARD 560 )Hi Sir,
In the trade plan of yours the risk to reward ratio are different. Even if you let your profits run, you cannot place your target on the top/ bottom end of the trend. Since we are performing the post Mortem analysis it might look possible, but in the live market will it be possible exiting your position at top/bottom end of the trend??
How is that you are waiting for your profits for more than 3 months duration with a candlestick analysis, which is a short term analyzing tool?
DEAR SIR /MADAM
WELL SAID Since the analysis is done with past chart Iam able to put the MAXIMUM profit as the TARGET
HOWEVER there is no time limit for POSITIONAL trader to EXIT
AS long as the market never throws me out(ie STOP LOSS IS NOT TRIGGERED)I can continue the trade
Hence even in the LIVE MARKET whatever the tools applied i can continue the trade
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