Upper Trading Range
Sell Below 5312.20 stop and reverse 5339
Lower Trading Range
Buy Above 5258.54 stop and reverse 5231
How to Trade the Above Levels
Scenario 1
Open price is between Sell Below and Buy Above Levels
For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse.
For Sell
Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.
Scenario 2
Open price is between Sell Below and Stop & Reverse Levels.
For Long
Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.
For Short
When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels
The above set up is true for Lower Trading Levels also.
Sell Below 5312.20 stop and reverse 5339
Lower Trading Range
Buy Above 5258.54 stop and reverse 5231
How to Trade the Above Levels
Scenario 1
Open price is between Sell Below and Buy Above Levels
For Long
Wait for the price to go below Buy Above Levels and then when it moves back above Buy Above, buy. Stop loss will be when price moves below Stop and Reverse.
For Sell
Wait for the price to go above Sell Below and then when the price moves back below Sell Below, sell. Stop loss will be Stop & Reverse Level.
Scenario 2
Open price is between Sell Below and Stop & Reverse Levels.
For Long
Upper Trading Level
When price moves above Stop & Reverse Level, buy. Stop loss when price goes below Sell Below Level.
For Short
When the price goes below Sell Below, sell. Stop loss when prices moves above Stop & Reverse.
Lower Trading Levels
The above set up is true for Lower Trading Levels also.
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