Axis Bank was in horrible range today. It was like a ECG report.
Highly volatile, had i been followed the NR7 setup alone, i would have minimized my loss. mixed up Support/Resistance with NR7 for placing Stop Loss. Big loss in Axis Bank, nominal gains in TCS.
Positional Trade USDINR is trading +vely.
Lesson from Today's trade:
Unless and until the trade moves in your direction, dont mix up S/R with NR7 for placing Stop Loss.
Highly volatile, had i been followed the NR7 setup alone, i would have minimized my loss. mixed up Support/Resistance with NR7 for placing Stop Loss. Big loss in Axis Bank, nominal gains in TCS.
Positional Trade USDINR is trading +vely.
Lesson from Today's trade:
Unless and until the trade moves in your direction, dont mix up S/R with NR7 for placing Stop Loss.
was a roller coaster ride for the last 90 minutes...sharp rise and an equally sharp plunge...