InsiderB
Long

Gateway : Short-term trade setup !

NSE:GDL   GATEWAY DISTRIPARK
Hey Guys,

{Pre-Note : If font size on charts are small you can enlarge charts by dragging up or down over price pane on the right end of chart OR Use zoom features near Bottom-middle area}


This is short term trade setup, so if you have the patience to hold a stock for 1 to 3 months, then this will be useful for you. Well, even if you don't have patience keep it on your radar n see how this goes. I have mentioned 5 points to trade this GDL             ( Gateway Distriparks), follow that & do own analysis also.
Its just simple support zone based setup, so after we get bullish signal we will get long in Gateway. If there is no bullish sign no issues, we won't be in trade at all. What if we get bullish sign & GDL             reverses after we enter. Cool, that can happen, anyway we know our risk which is just around (11 points ) so even if you trade 100 shares, its hardly Rs             .1100 on potential profit of Rs             .3000. {100 shares is an example pls             don't ask My position size :) }
If you plan to enter make sure you never change your stops or targets or early booking for profits, or early closing bcos market goes down. Once you analyze & decide on target n stops, never never change that, even the world turns upside down don't change that. That's Bad Habit ! Because you decided to take 11 point risk & 30 point reward, then why you want to change ? Never change your decisions.

Do your analysis, check whether the 11 point risk over 3 months for 30 points is good or bad, Then decide on the trade. Lets see whether Gateway ( GDL             ) gets away to stops or Targets !
According to my view, This stock is in a complete down trend. It doesn't mean your long trade won't work. but it's a lower probability trade. It may bounce from 205-225 level.
+1 Reply
InsiderB RishiAjmera
Possible Boss... as I mentioned above (i) I may never get an entry or ( ii) I get Entry n it can hit My stops/target ! Anything can happen, its just that we have an idea to trade.
Reply
RishiAjmera InsiderB
Agree. possibilities. Anyways I hope it should work if you take position! :D
Reply
InsiderB RishiAjmera
Thank you Boss :)
Reply
It is a common mistake in drawings that the target arrow is not matching with the time line.The angle of arrow should be adjusted in such a way that the head of the arrow should come around the expected date.
+1 Reply
InsiderB ajayww2
Ha ha... here after I should add the note as lines are purely for charting (directional purpose) not indication of Dates. No offence dude, the intention of arrows never indicate Date or Price point.
Reply
Hey Dude...You are right there is a divergence in 1 hrs chart.
+1 Reply
InsiderB udaya.gujaran
Thanks dude.. I'm planning this gateway short-term holding , so in 1 hr anything may happen but our interest on higher timeframe !
Reply
One hour is for entry
+1 Reply
InsiderB udaya.gujaran
oh I got your point, but I prefer 4hr or Daily for entry , Just My opinion bro :)
+1 Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out