Monday, August 6, 2012

A close above 10445-50 on Bank Nifty

Will re-generate second buy signal on the system without any intervening sell signal (stop loss @10110 which should move by this week in 10440's). This must be +ve, i.e two buys consecutively  basically improve your chances as it improves the probability of you hitting the profit factor of this system 2.2-2.5, would imply an approx profit target of 11400 :) difficult to digest:)

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