wipro gap up, open low same, buyer high book profit within 10 minutes
morning strategy = open low same , buyer high , buy the stock book profit within first 15 minutes or 30 minutes never wait for stoploss , it will destroy the profits, use super trend 250 and .5 for exit it is good for entry and exit at morning trend and 1.30 trend
wipro reached its first top in 5minutes of 14 points, and comedown for about 70 % at 9.30 for this use quantrant lines, fib retracement
after that it go up below 1% and play between this at the top of this small trend, after that it break down at 10.20 am from there,61.8% fib ,to near low point of the day , and go up below 1% and come down and broke the low point
nb -low point act as support, after cutting low , it again touching it, and go down, after breaking the 70% low, and the lowest low it again check the low points and these act as support points and at 11.08 am it touched its lowest low of the day and it go up , below 1%+1rs and play between these at lower levels and close above low plus 2 rs/
use supertrend 250, .5 for accurate exit and entry, 1 also good, but .5 is more useful in long trend for accurate exit
use super trend 250, 7 for stop loss
suggestions - high low gap is 10 or atp and ltp gap is 10, then it will be the end of the target
ltp is decreasing
if cutting 1% stoploss with .25,.50,1 depend on small ,medium, long trends , the trend is reversing perfectly
here morning trend cut 1% sl and reverse the trend to down after 9.20 am top and reached its low at 11.15
so it is very important to book profits, as early as possible,
not wait for stop loss to book profits, stoploss eat most of the profits for booking profits use 250, .5 super trend not 250 , 5
itc
open high same close same exact or little different,, cut high at 9.25 and go up
nb -place buy entry above high or below low for sell if candle is small
use 250, 3 for small stop loss, 250,7 for big stop loss, use stop loss with 1% +1 in long trends
it touched first top at 11.15 and come down below 1% and play between these levels 1.15 touched low again and break out at 1.55 from its first top of the day again to 2.07 and come down 70% and close at 2 point from here , and 2 point below from the top
At the time of noon break out ltp is decreasing and atp is near to ltp , and ltp is little above atp, morning high cut, seller volume is very high at 1.15 pm, I put stop loss at 1% from first top, and used 250,7 as stop loss, the low level touched these stop level, but buy signal is there, and not crossed my stop loss of 1%+.50 and 250,7 stoploss and go up and crossed top for 1%+1rs , because of fear and 1st red candle i closed it, so wait for 2 red candles and use 250, .5 for cutting profit accurately, so I lose 3 rs/stock that is 120 rs 40 shares
morning trend close at 11.15
side trend 11.15 to 1.15
noon trend at 1.15 to 3.15
9.30 to 10.30 morning trend
12.30 -2.30 is noon trend
select good trends from premarket with good % or less %
top gainer and loser good but also good trend stocks also good means good chart of uptrend or down trend
WIPRO
ITC CHART
morning strategy = open low same , buyer high , buy the stock book profit within first 15 minutes or 30 minutes never wait for stoploss , it will destroy the profits, use super trend 250 and .5 for exit it is good for entry and exit at morning trend and 1.30 trend
wipro reached its first top in 5minutes of 14 points, and comedown for about 70 % at 9.30 for this use quantrant lines, fib retracement
after that it go up below 1% and play between this at the top of this small trend, after that it break down at 10.20 am from there,61.8% fib ,to near low point of the day , and go up below 1% and come down and broke the low point
nb -low point act as support, after cutting low , it again touching it, and go down, after breaking the 70% low, and the lowest low it again check the low points and these act as support points and at 11.08 am it touched its lowest low of the day and it go up , below 1%+1rs and play between these at lower levels and close above low plus 2 rs/
use supertrend 250, .5 for accurate exit and entry, 1 also good, but .5 is more useful in long trend for accurate exit
use super trend 250, 7 for stop loss
suggestions - high low gap is 10 or atp and ltp gap is 10, then it will be the end of the target
ltp is decreasing
if cutting 1% stoploss with .25,.50,1 depend on small ,medium, long trends , the trend is reversing perfectly
here morning trend cut 1% sl and reverse the trend to down after 9.20 am top and reached its low at 11.15
so it is very important to book profits, as early as possible,
not wait for stop loss to book profits, stoploss eat most of the profits for booking profits use 250, .5 super trend not 250 , 5
itc
open high same close same exact or little different,, cut high at 9.25 and go up
nb -place buy entry above high or below low for sell if candle is small
use 250, 3 for small stop loss, 250,7 for big stop loss, use stop loss with 1% +1 in long trends
it touched first top at 11.15 and come down below 1% and play between these levels 1.15 touched low again and break out at 1.55 from its first top of the day again to 2.07 and come down 70% and close at 2 point from here , and 2 point below from the top
At the time of noon break out ltp is decreasing and atp is near to ltp , and ltp is little above atp, morning high cut, seller volume is very high at 1.15 pm, I put stop loss at 1% from first top, and used 250,7 as stop loss, the low level touched these stop level, but buy signal is there, and not crossed my stop loss of 1%+.50 and 250,7 stoploss and go up and crossed top for 1%+1rs , because of fear and 1st red candle i closed it, so wait for 2 red candles and use 250, .5 for cutting profit accurately, so I lose 3 rs/stock that is 120 rs 40 shares
morning trend close at 11.15
side trend 11.15 to 1.15
noon trend at 1.15 to 3.15
9.30 to 10.30 morning trend
12.30 -2.30 is noon trend
select good trends from premarket with good % or less %
top gainer and loser good but also good trend stocks also good means good chart of uptrend or down trend
WIPRO
ITC CHART
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