Weekly intraday reversal day 2

Day 2 of startergy.


Top losers

Top gainers




Bandhan bank




Entry 205,sl 203.8 target 211.



No trade in Hindzinc,please check chart,it doesn’t come in terms of our algorithm.
Oracle finance no trade ,it moved wild,but it hit target as per startergy.

Bajaj finserv.
No bollinger touch but perfect setup.hammer + day high.
Very close to bollinger as well.
But this hit our stop and reversed just 5 points afterwords.
4132entry
Sl at 4107
Reversed at 4000,
Lesson- check for nearby whole number resistances and move stoploss below that.
Target was 4253 and it got hit.

IndusInd bank
Target hit,above median,above day high,hammer.
Entry at 352
Sl at 349.7
Target  360

PFC 
no trade

Colgate 
No trade.


Now bearish reversal trades

1 Bayer crop no trade, as it was bullish.

2. Mother sumi 

stoploss hit.
Entry 84.18
Sl 83.68

1:1 target would have hit



No trade on Eicher,jsw,Titan and jubilant.
Please check chart as it doesn’t give entry for us.

That was the sessions.
Pretty good reward.


Session feedback 

It seems better to make stop at 78% from entry,that could have prevented our bajfin stop loss but would cost more on losing trade,since reward is so far good,tomorrow on we will do 78% stop from the present 60%.

Note - only for educational purpose.





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