Topic Progress:

Without further discussions, let’s just analyze the trades from the charts –

TVS Motor

Without further discussions, let’s just analyze the trades from the charts –

The entry trade has been marked with the blue candle while the exit trade has been marked with a red candle. There is an interesting case on the exit trade as you can see once the swing low is confirmed we can immediately see we have to exit our trade as it has already hit our stop loss (similar like we discussed earlier in the case of SBI).

This kind of cases can be perfected with a help of a proper indicator which connects swing highs and swing lows.

So here goes the details of our Trade 4:
Entry – 724
Exit – 769
Date of Entry – 10/01/2017
Date of Exit – 18/01/2017
Profit – 45
Returns – 6.21%

Let’s move to our next trade which is a short as you can see the downtrend in the chart –

TVS Motor

Our stop loss is hit in this case in the next day of entering the trade itself.(OR In this case,our stop loss is hit the very next day of entering the trade)

So here goes the details of our Trade 5:
Entry – 766.8
Exit – 777.6
Date of Entry – 10/01/2017
Date of Exit – 18/01/2017
Loss – 10.8
Returns – -1.48%