AjitTrades

AjitTrades

Just took the short trade in Nifty with Risk Reward of 1:3. Lets see how it goes

AjitTrades

As global sentiment looks week. We can Plan to short banknifty below the dec low line. - In case of FLAT opening we can short it on the first candle or wait for 15 mint candle breakout. - In case of GAP UP Opening we will wait for the negative price action or Look for upside scalping trades above PDH. - In case of GAP DOWN Opening we will actively look at the...

AjitTrades

Took the entry as per 5min candle chart. It was quick scalping trade of Risk Ratio 1:2.

AjitTrades

Company has announced bonus @2:1 Record date 22-12-20222. Stock looks good fundamentally with market cap of Rs.550 crores approx. which is undervalued according to me. It can be a good buy around the Demand Zone if the trend confirms to reverse upside from there. - Company with Low Debt - Strong cash generating ability from core business - Improving Cash Flow...

AjitTrades

Stock has given a good volume breakout after consolidating for almost 15 trading sessions. We can considering entering in this sock with 10% of the budget and rest on the confirmation of the trend and Stop loss will be the previous swing. We can also wait for the initial retracements for entry using Fibonacci levels. DO COMMENT IN CASE OF ANY CONFUSION

AjitTrades

Lets keep it really simple. Majorly we have 4 important levels on BankNifty Daily Chart for next week. - If we break the ATH (All time high- 43853.40) & the Support zone (42948.45). We can move to either Next Resist (44541.50) or Next Support (42202.55). Refer Chart for the exact levels.