ICICI and bajaj finance Morning trades Friday 22 may.
ICICI BANK gave a scalp. I choose to scalp,a safe scalp.We cannot time a reversal so trailing can be risky.The stock did broke below 290.A high quantity safe scalp is better on free falling markets or a low quantity wide stop Loss trailing trades. Bajaj finance If you haven’t read my Bajaj finance article please read ,I have mentioned the strategy and analysis. The stock did move down and tried scalping a few points,the major resistance of 1915 was broken and entry was difficult as stock was free falling.Caught 10 points in the trade. Trade details Notice- only for educational purpose.