NESTLE INDIA LTDLong
Only one indicator is enough...
Yes. ! Super trend.
If we know how and where to use this indicator, you are sure about getting very good trade.
It ensures
1. Low risk
2. High returns and at times real big trend
So how to use it?
1. Prefer larger time frame. I use weekly.
2. Once super trend is green wait for pullback.
3. once price reverses from nr super trend enter. (I would wait for break of earlier week high nr super trend)
4. SL is weekly close below super trend.
5. Target min 15%. (you can try to exit far from super-trend to book profit.)
Reverse is true for shorting in down trend....!
All these charts are from Nifty50 stocks
If we know how and where to use this indicator, you are sure about getting very good trade.
It ensures
1. Low risk
2. High returns and at times real big trend
So how to use it?
1. Prefer larger time frame. I use weekly.
2. Once super trend is green wait for pullback.
3. once price reverses from nr super trend enter. (I would wait for break of earlier week high nr super trend)
4. SL is weekly close below super trend.
5. Target min 15%. (you can try to exit far from super-trend to book profit.)
Reverse is true for shorting in down trend....!
All these charts are from Nifty50 stocks
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