This is a risky trade, but too tempting. W/ strict Sl it can be traded with the mentioned three levels and it is still a worth risking. In case, the scrip opens gap down or violates the trend line within few mins of opening then no trade will be taken.
Levels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
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Early entry: 385
Thank you. Happy...
Bharat Forge has made strong Bearish Engulfing kind pattern and also has strong resistance at 520-530 level.
Also Made reversal from top of channel as shown in chart.
Try to short between 502-505 level with SL above 520 and Target at 460 level.
Price - ₹465.80 Dt. - 10-10-2020
Stock is taking support at ₹463.75. Looking at the last candle the sellers were successful to bring the price back to the opening price. In the next trading session, chances are high that stock will break the support line and will fall more till the trendline. If buyers come in next trading session, then the stock can go up to...
This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help...