Indeks Nifty 50
Pendidikan

How I Traded the market today 13/10/2022

236


As I discuss yesterday wide range of markets 16800-17500.
The market opens way beyond our expected range. whenever this happens I wait.
I was tempted to take a trade around 17270 to buy but couldn't execute and missed 50-60 points. however, aftermarket cross 17330,
I start looking for sell.
so I shot around 17325 with Sl 17350.
and exit around 17200.
now why I took the trade ...it was based on two factors, first Rsi was overbought in 15 min chart and Second, there is a double top on 15 min chart.
Generally, I hedge at a lower level but the market is very volatile within the range.
Thanks

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.