Kotak Mahindra Bank Neowave Trading Idea

Namaskaram Everyone

I trade using Neowave and on that I have created an trading setup, which is kind of automatic entry and exit with Neowave.
Neowave is kind of a method in which you synchronize all the price action across all the time frames. It hides all the noise and tells you market is bullish or bearish.

About Stock Structure

• Entry Type- Medium Term Forecast mean Entry will take 4 to 8 weeks and some times more.
  
• Wave Structure- We are at starting point of wave, which kind of gives you an edge in riding the wave when you above your buying level
  
• 60 percent Retracement- Mean you will have easily 1:2 or 3 easy risk reward.
  
• Doubts-If you are fearing in taking trades that mean you are taking stop loss amount more than you & your capital can handle.
  
• Follow 1 percent rule and trail, that's it. Don't complicate life and trading.
  Simply live and die. HaHA
  

Like and share is appreciated.
Thank You

To understand how our coding works read the below post-
https://in.tradingview.com/chart/NIFTY/vY2b9jpI-Invest-With-My-NeoWave-Charts/
KOTAKBANK KOTAKBANK1!