Thursday, August 22, 2013

NF Intraday Chart at 940 a.m gives a Buy!



The only problem with buy at 5310 is that conservative stop is too far below at 5260.... aggressive at 5280. So the risk reward ratio becomes an issue here, for a minimum 1:1 also you need 5375 target. Other wise trade, though profitable, but looking from risk reward perspective it’s a weak one.

No comments:

Post a Comment