I hope you can now see how Ashokley represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be...
Lower Bound at 46
Decisive level 45.5
Trade Setup 1.:-
Buy above 45.5 for 1-target 51.45 nearby
suppose to buy in range 46.4 to 46.9
Very low risk
Trade Setup 2.:-
Sell with stoploss of 49.15 above closing bias.
suppose to sell 48 nearby and target 42.5/40.5 and more
Very low risk
Choose on of your best Trade Setup for you from...
1) Head & shoulder on all time high
2) RSI oversold
3) CNX Auto at 52 wk low
4) Though volume no are good in CV side but price is not reflecting it --- are missing something? Are at peak of earning cycle or derating due to change in cost of capital
5) If crude goes upto 90-100$/bbl and INR to 80 then only stock can be shorted
5) In my view stock likely to bounce...
ASHOKLEY break the previous trend Keep watching the retest zone
If it does not break down. Trade Long...
ENTRY 129 to 132
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You...