GMR INFRA -- INTRADAY - 13/12/2021

GMR INFRA ...at bullish breakout level on daily chart as well as 15 minutes chart . good stock at buy intraday at breakout level .

on technical chart bullish technical indicators seen.

1. Stock made double bottom Formation at 43.50 level.
2. Stock taken trendline support
3. At trendline support bullish doji candle seen
4. MACD at 0 line breakout level .


GMR INFRA intraday 13/12/2021

BUY GMR INFRA 43.90
stop loss 43.40
TARGET 1 - 44.50 TARGET 2- 44.75 TARGET 3 - 45.50

PLEASE make own study &...take call at own risk. !!


INTRADAY TIPS.
* Manage your Risk , Folllow strict stop loss ...!

Comment:

INTRADAY TRADE WILL NOT INITIATED IF......nifty open GAP-UP or Gap-down more then 60-70 points ...this is very important where most of intraday traders trap .
be watchful and before initiating any intraday trade make sure there is no gap-up or gap-down open of nifty more then 60-70 points.

Comment:

WISH U HAPPY TRADING.!!

Comment:

HOW TO TRADE IN GAP-UP / GAP DOWN opening of nifty ?

No trade on parabolic gap up ..e.g when nifty open 100 point up and without correction of any, went upside another 50 points in beginning at this kind of move there is hardly a chance to take a BUY trade on intraday its very risky so no trade is better.

if nifty open 100 points up then corrected 50-60% Fibonacci retrenchment and at trendline support again there is chance to initiate buy trade for intraday.

Comment:

bullish macd CROSSOVER confirmed now. ! at 9.15

Comment:

buy order placed 43.90 at 9.32