Trade Plans for 21st Jan 2018
DHAMPURSUG
Buy on dips @ 176.95 and 174.90 ...SL @ 172.80...TGT @ 181.40...
Sell on rise @ 181.40 and 183.80...SL @ 186.35..TGT @ 176.95
CHAMBLFERT
Buy on dips @ 164.10 and 162.10 ...SL @ 160.10...TGT @ 168.40...
Sell on rise @ 168.40 and 170.70...SL @ 173.15..TGT @ 164.10
CASTROLIND
Buy on dips @ 163.90 and 161.90 ...SL @ 159.90...TGT @ 168.20...
Sell on rise @ 168.20 and 170.50...SL @ 172.95..TGT @ 163.90
IRB
Buy on dips @ 149.80 and 147.90 ...SL @ 146...TGT @ 153.90...
Sell on rise @ 153.90 and 156.10...SL @ 158.50...TGT @ 153.90
How to trade Intraday Trading Levels
1.)Place all your orders as After Market Orders and also it should be Bracket Order...
2.)All orders of a scrip should be of equal quantity..
3.)Cancel all those trades of Open High OR Open Low Scrips...and allocate the capital to rest of the Scrips equally.
4.)Cancel all trades if scrip opens beyond Stoploss levels of Buy or Sell and allocate the capital to rest of the scrips
5.)Use the maximum leverage for placing order.Equally allot capital for each scrip
Eg..if you have Rs.10000 and margin exposure of Rs.100000..allot Rs.25000 as capital for each of the 4 trading Scrips.