IIFLWAM :: LONG Probability and Key Levels
/**
Caution::
This is just a probability view based on my technical analysis of recent data...
Know your risks and prefer allocating <5% of Equity capital.
Always Consult your financial adviser before making any buying / selling decision.
Re-read and follow "Risk Management" / "Trade management" practices.
**/
Accumulation levels
-- Initial buy below 1560 :: S/L 1420 ( may be 2 % of my capital )
-- Scale up when price sustains @ 1590 -1610 :: S/L 1495 ( another 2 % of my capital )
-- Scale-in more if price sustains/ retraces to 1770 -1790 :: Trail S/L ( 1% more )
Caution::
This is just a probability view based on my technical analysis of recent data...
Know your risks and prefer allocating <5% of Equity capital.
Always Consult your financial adviser before making any buying / selling decision.
Re-read and follow "Risk Management" / "Trade management" practices.
**/
Accumulation levels
-- Initial buy below 1560 :: S/L 1420 ( may be 2 % of my capital )
-- Scale up when price sustains @ 1590 -1610 :: S/L 1495 ( another 2 % of my capital )
-- Scale-in more if price sustains/ retraces to 1770 -1790 :: Trail S/L ( 1% more )
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