I traded Tata Chem with 3x my normal position size today....Why ? Bcos of the setup. This is a setup i like a lot & have been successful 70% of the times - 3ib + NR7. If you get it on weekly it is even more powerful. Basically a price compression & waiting for spring action (1/n)

Secondly, today futures price O=L & wasnt broken in the 1st few mins which was like a confirmation. (A friend pointed out same wasnt true in cash, but it didnt matter then as volumes had started to build up)
Thirdly, price was resting at 21ema for the past few days and not (2/n)
ready to breakdown.
Fourthly, Max Ce Oi was @730 almost 10.93L which made the RR fantastic here.
Lastly, as per Dow theory - Price was making HH and HL's since beginning of May
If you think trading is easy & you can rely only on a single factor...think again ✌️ ( n/n)

More from Kool Aggarwal

More from Tatachemicals

You May Also Like

Oh my Goodness!!!

I might have a panic attack due to excitement!!

Read this thread to the end...I just had an epiphany and my mind is blown. Actually, more than blown. More like OBLITERATED! This is the thing! This is the thing that will blow the entire thing out of the water!


Has this man been concealing his true identity?

Is this man a supposed 'dead' Seal Team Six soldier?

Witness protection to be kept safe until the right moment when all will be revealed?!

Who ELSE is alive that may have faked their death/gone into witness protection?


Were "golden tickets" inside the envelopes??


Are these "golden tickets" going to lead to their ultimate undoing?

Review crumbs on the board re: 'gold'.


#SEALTeam6 Trump re-tweeted this.