Query in trailing stoploss

#1
I have query about trailing stop loss. I bought a share at Rs501 and kept stop loss at 496 and target 505 and trailing stop loss(TSL) Rs 1. Risk reward is 1:1 ratio. stop loss is hitting continuously in day trading. price reached 503 from 501 and then price reverses which leads to stop loss hit. Any one can please suggest how to set target and stoploss and TSL?

Regards,
Vigneshvp
 

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