3rd and C wave is the most rewarding from trading perspective.
Today we have traded 3rd of C wave in SKS microfinance and it works accurately. Target was set to 501 but it reversed from 501.05 and went to 506.75, hence we booked the trade at 504 and made the profit of Rs.10100/-
But later Price again went down below 500 and our target achieved as per the 3rd wave.
At Market closing Future price made a low of 494.10....
Short Entry Trade Details on Intraday Chart -
Squared off trade Details on Intraday Chart -
Terminal Trade Details -
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