Based on above gann fan theory:
there is now two situation
1)it's going to fall down because it has already touched this point long back and bounce back from there.
2) If it will break this resistance then it will go till 2024
I started with a fixed profit and loss strategy in the stock market. Min profit per day:500 Max Loss per day:1000 and decided that without putting stop loss, not to take any trade. I took 5 trade today so my transaction charges will be 360/- and my profit was 875/- rupees. Two weakness I have: Booking profit faster and waiting to book my loss. Entering into the market when it is not needed as I entered into market at the closing time i.e. 11:03PM and this trade went into negative but I booked my loss and came out from the market. I am planning to apply my strategy like for every 70 rupees I need to make just 500 rupees. so If I entered into market 4 times I will be making 2000 rupees and I will be paying 360 as a brokerage in silver mini. I need to create a Multi-Source Income strategy.
Today zincmini has fallen down from 205 to 197.8. approx 7rupees movement. As i can see, gann fan theory works very well with commodity.
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