TORNTPHARMA, How we earned 1.5% (Trade Analysis) - Learn & Earn
TORNTPHARMA was given for long at 10:54 AM for long above 2401. Logic for trade was simple trend line break out.
Below is the lower TF analysis of breakdown of chart. I closed my position at 2425 but it went to make high of 2440 from 2401. Keeping chart simple, free from indicators provide you more focus and price is paramount & it discount everything. So wasting your time on news, indicators will lead you away from truth.
Similar trades were taken in MCX (9 points), RBL BANK (3 points) and Grasim (4 points). All based on price action, simple chart analysis.
Request your support by likes and comment if you are learning to motivate me continue this.
Below is the lower TF analysis of breakdown of chart. I closed my position at 2425 but it went to make high of 2440 from 2401. Keeping chart simple, free from indicators provide you more focus and price is paramount & it discount everything. So wasting your time on news, indicators will lead you away from truth.
Similar trades were taken in MCX (9 points), RBL BANK (3 points) and Grasim (4 points). All based on price action, simple chart analysis.
Request your support by likes and comment if you are learning to motivate me continue this.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.