Trades holding period range from 2-10 days. Mostly
EOD basis.
Example of the calls.
Buy ABAN @ 1228.50
stop loss @ 1225.15
Execution
Nextday if the prices cross above 1228.50, then buy the share
After entering the trade, if the prices crosses below Stop Loss of 1225.15, then book loss on the same day & close the trade but donot wait until next day.
If the price does not cross below Stop Loss on intraday basis, on the day of entry, we are into the trade for swing.
EOD basis.
Example of the calls.
Buy ABAN @ 1228.50
stop loss @ 1225.15
Execution
Nextday if the prices cross above 1228.50, then buy the share
After entering the trade, if the prices crosses below Stop Loss of 1225.15, then book loss on the same day & close the trade but donot wait until next day.
If the price does not cross below Stop Loss on intraday basis, on the day of entry, we are into the trade for swing.