ANOTHER GOOD INDICATOR TO TRADE ON VOLATILE STOCKS AND BANKNIFTYThis indicator is good for Banknifty and Stocks.
see the coal india chart ... how it has acheived its tgts both Sell & Buy side.
All levels appear on the right hand side.
BUY/SELL --- TGT 1 --- TGT 2 --- Fixed SL and Trailing SL also given to get bigger TGTs.
Fixed SL 1 is given as white line.
Fixed SL 2 for BUY entry is RED Line (means SELL LINE).
Fixed SL 2 for SEll entry is GREEN Line (Means BUY LINE).
Three LINES given as Trailing SL ... data of skyblue line (middle one TSL line) will appear on the right.
you may follow any on these trailing SL lines for trailing higher Tgts. (i prefer the orange line)
USE THIS INDICATOR in 1-3-5-15 MINUTES TIMEFRAME ONLY OF IN BANKNIFTY & VOLATILE STOCKS ONLY.
DISCLAIMER:-
Share market is subject to Market Risk. Past performance is not a guarantee of future performance. The risk of loss in trading and investment in share market including equity, derivatives, commodity and currency can be substantial. These are leveraged products that carry a substantial risk of loss up to your entire invested capital and may not be suitable for everyone. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Please ensure that you understand fully the risk involved and do invest money according to your risk bearing capacity. The people associated with this Indicator accepts no liability or responsibility for any direct, indirect, Implied, punitive, Special, incidental or other consequential damages, arising, directly or indirectly on account of any action taken based on the information or indication provided by this indicator.
This Indicator is for Educational and paper trading purpose only. It may give wrong indications depending on various factors. Hence you must consult your financial advisor before investing or taking any position in the market. We will not be responsible for your profit or loss.
