@Mudit.Kushalvardhan I understand what you are saying. I admit that there’s no clear answer other than putting the sell stop order just below 150 or 200 DEMA. Different authors have escaped providing a clear explanation on how to conduct a base count making it subjective.
But, I am also not able to see a common agreement to a sell stop order, say, 15% below CMP. How can we make others agree to our viewpoint, as that appears to be subjective as well.
Sorry, but I do not have an authoritative answer to your query.
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