RELIANCE FUTURES AND OPTIONS MOMENTUM TRADE IN MAY CONTRACT BUY@1490 STOP@1475 TARGET 1@1520 TARGET 2@1535 QTY=1500 !!CARRY FWD!! !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everday at between 9:30 to 10:30!!
Can you explain the script of reliance. How to find call and put option?
and how to know in stock market which script buy or sell?
manavtechresearch
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@dj1313, regarding reliance it is easily visible on the charts that 1500 was a good resistance zone for the stock which it has taken out recently with a v-shape recovery normally when a stock sees a v-shape recovering it usually looks to test with major resistance in this insistence i would say 1600 but looking at the way market is moving and considering the volatility i have modest targets in mind upto 1540
regarding your question on how to know in the stock market which scripts to buy and sell?
It depends on lot many things your risk appetite your trading style your risk-to-reward ratio your attitude towards market and list keeping on going
i can't explain you the details or the ways in a comment section
i am a full-time trader ,research analyst almost completing 7 years in the market at the age of 25
there lot to it then it seems please bare with me along the journey i will explain things
ChartAnalyzer_sm
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@manavtechresearch, hi, just wanna ask you one think, for taking a intraday trade or btst or stbt other than 15 min chart or small timeframe chart you confirm the trend from high timeframe chart? Like daily or 4 hourly etc?
manavtechresearch
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@ChartAnalyzer_sm, its combination of oi analysis and daily chart were in combination candlestick pattern and price action is important
in this you will find it weird that i am not using any indicators because market's volatility has made indicator use less important
and how to know in stock market which script buy or sell?