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Traders Carnival: Sanket Gajjar Explains Three Universal Rules For Technical Trading

Finding out the trend, executing it and placing the stop loss and target are the key for technical trading.



Investors watch the stock trading board, as the board is reflected on a counter top, at a securities exchange house in Shanghai, China (Photographer: Qilai Shen/Bloomberg)
Investors watch the stock trading board, as the board is reflected on a counter top, at a securities exchange house in Shanghai, China (Photographer: Qilai Shen/Bloomberg)

Technical analysis for investment involves three steps, regardless of the time frame involved, according to Sanket Gajjar, a trader for over seven years. “Spot the trend and execute it. Finally place the stop loss and target,” Gajjar said in a session on the last day of the Traders Carnival event in Mumbai.