JUBLFOOD - #intraday Chart Analysis || 18th May,2023 #stocks

Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 18th May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups

Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it

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DISCLAIMER:
.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED

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Trade closed manually:

Traded for Intraday Today (18th May, 2023)

JUBLFOOD (5min TF)
- Intraday Entry Given on 18th May (Thursday)

Entered Long at 9.30am
✓ Achieved 3.64%
✓ R:R = 1: 4
Exited Trade at 10:55am

✓ The first big red candle was a gap down, but it took a clear support on our Bottom target
✓ When the retracement upwards started, I wated for a halt candle as my stop loss
✓ Entry was above the retracement candle and SL was below the halt candle
✓ Target was only 1:4

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