Swing Long Trade good for GUJGAS
Source Demand formed which has the potential to move the Price until the next Fresh opposite Supply which can become the Destination of this Uptrend which is about to emerge.
Here's the Demand and Supply Equilibrium for this Script, here we clearly understand where is low and where is High and as Traders we know when we buy low we have higher reward to risk ratios and same when we short when the prices are high so now we have the curve divided into 5 parts and when we trade we see the position of the Price in the curve.
This is a Demand formed after Price has reacted to the Source Demand now this has maximum probability in the Upward direction as its the 1st 4H Demand formed since Price reacted the Source Demand. Now let's check the Reward it has to offer and against what risk?
Here's the answer we need
TradeType : Swing Trade
Entry : Rs. 607.30
Stoploss. : Rs. 597.00
TakeProfit : Rs. 659.15
Reward. : Rs. 52.15
Risk : Rs. 10.00
Ratio : 5 / 1
For FUTURES
