Intraday 26 April_ Colgate Palmolive_ LONG

Intraday Trade setup for 26 April

I have selected 4 stocks for intraday, not all the trades will get executed.

I always place Stop Loss Market Buy/Sell order above or below (for LONG and SHORT) the high/low of the reference candle to make an entry.
Trade should be cancelled if not executed between 9:15 AM till 10 AM. It won't be re-entered.

Entry: 1515.45
SL: 1510
Target: 1526/27

Disclaimer: The analysis or trade setup is of my own. Please do your own analysis before jumping into the trade. I shall not be responsible for the profit/loss in either way.

Comment:

Trade shall be cancelled if not executed between 9:15 AM till 10 AM. It won't be re-entered unless stated otherwise.

Order cancelled

Comment:

I expect anyone who is reading my writings to know that there is nothing "certain" in the markets. Neither the %gain on stock nor "out-performance" or "under-performance". There is a risk and opportunity cost involved in both, buying and selling. Selling at any price can often result in "opportunity loss" when the stock moves higher and higher. Human psychology is a culprit here. For e.g. I post any stock which seems undervalued or overvalued to me on tradingview. When anyone makes money on that, they wont appreciate me "a single word". But when they lose or it results in opportunity loss, they are bound to blame me. I don't criticize any person, because I know their psychology has defeated them. At last, there is nothing like "easy money" in the markets. The survival of the fittest holds absolutely true here.