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Showing posts with the label AGNI AND JBNSAR LEVEL

Trading based on Agni / JBNSAR level

Agni/JBNSAR being a mechanical system for intraday, you must resist getting distracted by news flows/ events and follow your trading based on the number only. It is a number (shown Right side of the blog), one can go long when banknifty moves upward and crosses Agni/JBNSAR level from below and one can Short/sell when banknifty moves down and crosses Agni/JBNSAR .Keep stop loss a "Agni level/JBNSAR +/- 40/50 points for sell or buy respectively". To check whether it sustain above/below agni/jbnsar keep entry +/-15-20 points... For eg. today Daily agni/jbnsar was 10392/10434 than keep ur entry point at 10410/10450 respectively. Minimum 2 lots is advisable.  Book one lot with 40/50 or more points based on earlier resistances levels and hold the other with trailing stop loss once in profit.

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