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Look at the opening price for the commodities first
Option 1
- Open price is between H3 and L3 For Long Wait for the price to go below L3 and then when it moves back above L3, buy.
- Stoploss will be when price moves below L4.
- Target1 - H1, Target2 - H2, Target3 - H3 For Short Sell Wait for the price to go above H3 and then when the price moves back below H3, sell.
- Stoploss will be when price moves above H4. Target1- L1, Target2 - L2, Target3- L3
Option 2
- Open price is between H3 and H4 For Long When price moves above H4, buy.
- Stoploss when price goes below H3.
- Target 1 - H5, Target 2 - H6 For Short Sell When the price goes below H3, sell.
- Stopless when prices moves above H4. Target1 - L1, Target2 - L2, Target3- L3
Option 3
- Open price is between L3 and L4 For Long When price moves above L3, buy.
- Stoploss when price moves below L4.
- Target1 - H1, Target2 - H2, Target3 - H3 For Short Sell When the price goes below L4, sell.
- Stoploss when price moves above L3. Target 1 - L5, Target 2 - L6
Option 4
- Open price is outside the H4 and L4 Wait for the prices to come in range and trade accordingly.
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Video Tutorial
TODAY'S LEVEL
Date : 16-01-2022
ALUMINI
30-Jun-20
30-Jun-20
BUY ABOVE
134.60
134.60
MID VALUE:133
SELL BELOW
131.40
131.40
H3 135.90
H2 135.45
H1 135.00
L1 131.00
L2 130.55
L3 130.05
LEVELS
MARGIN CALCULATOR
SYMBOL
EXP DATE
NO OF QUANTITY
EXPOSURE
SQUARE OFF %
DEPOSIT
CARRYFORWARD
0
INTRADAY
0
SQ AMOUNT*
0
SUBJECTED TO MARKET FLUCTUATION
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