SBIN and TataMotors Trade. Trade Date:- 27-5-22

 SBIN Trade

Yesterday i took two trades. One was in SBIN and one was in Tata Motors.

SBIN got reversed and i lost some money and in Tata Motors we made some money. Overall green day.

Traded at the previous day high and volume was checked and retest happend then took trade. I don't think it was my any mistake at entry point but market was side ways yesterday. I should've checked my RSI indicator then take a trade. Overall i think it was good trade stop loss hunting done not your mistake. 

Tata Motor Trade 

How was the setup? 

I'll give it a 3 Star rating. It wasn't the best one but it had really good probability. Mistake i made was i thought it will fill the gap. But i didn't and second mistake i made was exited at 1:1 Trade instead i  could've exited at 1:1.5

 So, rule broken here. 

Volume conformation happend took a trade after the retest and i covered all my losses.