IMPORTANT EXPECTED DIRECTIONAL LEVELS FOR THE YEAR 2024
Updated
In this idea I am going to introduce you all my new concept for positional buying in the form of a simple strategy .
I have noticed that many of new investors and traders enters in the market in random manner either they enter in a running candle or they enter by choosing some moving averages or RSI but whatever they choose to enter a trade they mostly miss the value area.
So the purpose of this concept is to entry in a position at a value area which means no jumping into a trade in a random manner.
Although these levels are enough for this year but if all the marked level are exhausted the i will republish the Idea with additional levels.
Questions: What are the rules for the strategy ?
Answer: I have marked all the important value buying area along with a stoploss in the chart where the decision to enter a trade should be made, If you have a buying view or you find that market is bullish but you are not able to figure out where to enter and where might be the target then these levels will surely going to help you out.
Question: So is this concept always going to work out?
Answer: No , Stoploss are going to get hit sometimes but i tried my best to make it more useful.
Question: When will this strategy work to its full potential ?
Answer : If the stock is in trend then the win ratio is great.
Use these levels either standalone or with your strategy to have an edge in the market.
If still you have any questions the just drop a message or a comment .!
I have noticed that many of new investors and traders enters in the market in random manner either they enter in a running candle or they enter by choosing some moving averages or RSI but whatever they choose to enter a trade they mostly miss the value area.
So the purpose of this concept is to entry in a position at a value area which means no jumping into a trade in a random manner.
Although these levels are enough for this year but if all the marked level are exhausted the i will republish the Idea with additional levels.
Questions: What are the rules for the strategy ?
Answer: I have marked all the important value buying area along with a stoploss in the chart where the decision to enter a trade should be made, If you have a buying view or you find that market is bullish but you are not able to figure out where to enter and where might be the target then these levels will surely going to help you out.
Question: So is this concept always going to work out?
Answer: No , Stoploss are going to get hit sometimes but i tried my best to make it more useful.
Question: When will this strategy work to its full potential ?
Answer : If the stock is in trend then the win ratio is great.
Use these levels either standalone or with your strategy to have an edge in the market.
If still you have any questions the just drop a message or a comment .!
Note
1st Target comletedNote
Note
All target completed from my side.Note
Trade closed: target reached
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