@Brijesh-Bhatia what will be the SL for this ?

Thank you @Jrk-Prasad ! makes sense

New to the P&F world! Have couple of questions if you can please reply. (1) What are the two indicator lines you are using in the chart? (2) in this chart you used 0.25%*3 (daily) which we discussed in the Delhi conference as settings for daily chart for stocks. while in the Texrail chart you posted earlier today you used 1%*3 ( daily), How does one decide which settings should be used?