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Strategy

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DEVENDRA PARAB
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14 views

Strategy

Uploaded by

DEVENDRA PARAB
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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STRATEGY :

TIME FRAME 5 MIN

CONSIDER 1 ST 5 MIN HIGH LOW

MARK FIBONACCI RETRACEMENT FROM HIGH TO LOW & LOW TO HIGH

WHEN BANKNIFTY BROKE 1.618 LEVEL ENTER THE TRADE BUY CE OTM

AFTER BUYING A TRADE FIBONACCI 1 LEVEL IS STOP LOSS

1 ST TARGET 2.168 LEVEL ( WHEN BANKNIFTY REACH THIS LEVEL SHIFT SL FROM FIBO 1 LEVL TO

1.618 LEVEL (BUYING PRICE)

2 ND TARGET WHEN BANKNIFTY TOUCH 3.618 LEVEL SHIFT SL TO 2.618 LEVEL

BOOK FULL PROFIT ON 4.236 LEVEL

VICE VERSA FOR SELL

MARK FIBO LINE FROM LOW TO HIGH OF 1 ST 5 MIN CADNLE

1.618 LEVEL IS SELLING LEVEL

SL LEVEL IS 1

AFTER REACHING 2.618 LEVEL SHIFT SL TO 1.618 LEVEL

AFTER REACHING 3.618 LEVEL SHIFT SL TO 2.618 LEVEL

FINAL TARGET IS 4.236 LEVEL

ONLY 2 TRADES PER DAY

1 CE & 1 PE

NOTE : IF U NEED MATHEMATICAL CALCULATION I WILL PROVIDE

AND CHART TOO.

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