INTRADAY TRADE IN BAJAJ FIN SHORT@2360 STOP@2410 TARGET-1@2325 TARGET-2@2300 TARGET-3@2280 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!!
Excellent analysis.. how precisely the 3rd target was met and retraced back.. Fantabulous... your rock!
hasibonline
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(1) Whether this will work on 15 mints chart only?
(2) what is the thought of Entry & Exit. I think it's a crossover of moving average 4,9
(3) what's the entry thought in case of buying
manavtechresearch
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@hasibonline, don't look at the indcator setup this trade is a priceaction setup based on study of bajaj fin i caught exhaustion in the uptrend fast in hdfc and bajaj fin and got the result
learn to time the target and second of all have a unbias approach to the market
Rp0073
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hi sir do u have youtube channel
manavtechresearch
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@Rp0073, no buddy i have for now a telegram channel that is all
nakulrajpurohit99
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How to do get this analysis
UnknownUnicorn8794283
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Please explain why do you need to put a stop loss i.e. expect to loose Rs 50 to earn Rs 35 which is your first target? Can this be called as an impulsive / compulsive trade?
manavtechresearch
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@Arun_Sharma, arun the target is bigger ones you reach your first target you can opt to exit or increaser the stop price to your shorting level and trail your profits for a bigger target and there is no shame in exiting early
bascially targets are those levels from where i can expect a bounce back like yesterday in hdfc it happened and we exited at our entry levels
UnknownUnicorn8794283
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@manavtechresearch, The question is w.r.t the risk / reward ratio of the idea. I would look at a trade only if the risk to reward is 1:4