MINDA CORP LTD (NO INDICATORS - ONLY PRICE ACTION)
1) Take it as an intraday trade
2) Simple channel pattern to trade, one can enter after the breakout.
3) And the target always depends on price action, actually I don't set a target, I do take exits depending on price-action (and it varies from person to person's conviction)
4) still if you want to set a target then go with 1:2 or 1:3 risk reward
5) Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE: I only use simple Strategies that always give superior returns, Don't get carried away with all the complex strategies that are in the market. Complex doesn't necessarily mean good.
IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......
2) Simple channel pattern to trade, one can enter after the breakout.
3) And the target always depends on price action, actually I don't set a target, I do take exits depending on price-action (and it varies from person to person's conviction)
4) still if you want to set a target then go with 1:2 or 1:3 risk reward
5) Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE: I only use simple Strategies that always give superior returns, Don't get carried away with all the complex strategies that are in the market. Complex doesn't necessarily mean good.
IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......
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