Instructions to Excella trader users

Instructions to Excella trader users

1. If market opens in narrow range wait for either bullish levels or bearish levels to make an entry

2. Once trader enter bullish or bearish level expect  20 and 40 points profit in Nifty and Bank nifty respectively as minimum profit points

3. Strictly follow stop loss points of 15 for nifty and 30 for bank nifty

4. If you achieve minimum profit use trailing stops.

5. If market opens gap down and reached below expected low , upon recovery buy above the expected low and maintain stop loss just below the expected low level.

6. If market opens gap up and reached above expected high , upon reversal sell below the expected high and maintain stop just above the expected high level.

7. If market opens gap down and reached below expected low , risky traders can still short putting a stop loss just above the expected low level. In such case trade in minimum lots

8. If market opens gap up and reached above expected high , risky traders can still buy putting a stop loss just below  the expected high level. In such case trade in minimum lots

9. If opening is gap up or gap down and market no where reaches either expected low or high sit on cash , do not execute any trade