is it advisable to re trade a trade, if SL hits, like in our case nifty surges ahead oafter taking our SL, please suggest i am not talking todays nifty s trade specifically, but what i am asking u is IN GENERAL , shall we re generate a trade after it hits our SL
more over ashok leyland is most likely to close over 66 as mentioned by u, what shud be our targets and since 66 is crossed convincingly, can a trade be taken into it thanks regards
@everyone I was busy with personal work so could not reply to any one.
@rochak If your stop loss is hit you have to close your position and wait for the next opportunity or pattern to give you trade. Market will always give you great opportunities. But you should have the patience to wait for them.
@TOT-Amit this is a bullish flag but the trade did not work. Stop loss hit.
@rochak you can enter at 66-67 take a trade with 64 as stop loss.
slight bullish undercurrent seen
ReplyDeletebut global cues could make it negligible
hey San,
ReplyDeletethis seems to be Bullish Flag... am i right??
is it advisable to re trade a trade, if SL hits, like in our case nifty surges ahead oafter taking our SL, please suggest
ReplyDeletei am not talking todays nifty s trade specifically, but what i am asking u is IN GENERAL
, shall we re generate a trade after it hits our SL
more over
ashok leyland is most likely to close over 66 as mentioned by u, what shud be our targets and since 66 is crossed convincingly, can a trade be taken into it
thanks
regards
@everyone
ReplyDeleteI was busy with personal work so could not reply to any one.
@rochak
If your stop loss is hit you have to close your position and wait for the next opportunity or pattern to give you trade. Market will always give you great opportunities. But you should have the patience to wait for them.
@TOT-Amit
this is a bullish flag but the trade did not work. Stop loss hit.
@rochak
you can enter at 66-67 take a trade with 64 as stop loss.