titan Small Swing trade idea Nifty 50 Stocks swing BTST IDEATitan Small Trade- titan Small Swing trade idea Nifty 50 Stocks swing BTST IDEA FOLLOW FOR MORE EDUCATIONAL
Both Side can go.
For Buy Only above 2634
with SL 2564
Tgt will 2763-78
Note Educational Only
For Sell side if Breakdown
Sell below 2563
with Sl of 2608
Tgt will be 2470
CONFIRMATION : FOR UPSIDE FIB RETRACEMENT, RSI & SLIGHTLY BELOW FROM MAJOR SUPPORT ZONE SO that's why i give both side targets not a buys ell advice just for educational purpose
Buy!
jubilant food long swing trade educationalonlyonly educational only.
it is already in uptrend but due downmarket sentiments it is behave like sideways but it is preparing for breakout as there is clear cut ascending triangle pattern formation when market sentiments will be good then the breakout will happen very soon
#swingtrade #jubilant
Risk Management trade in Reliance.Hi there!
Let's talk about this small trade in Reliance.
Reliance CMP:- 2524.05
-->From 30th sep to 1st Dec Reliance has formed HH and HL and was in Uptrend .
-->Since then Price is in correction and approached 0.618 Fib level of that up wave.
What's in my mind?
-->If we observe the price action there is an untested demand zone at this 0.618 Fib area.
-->If we observe the upper 2 arrows those mentioned candles and and their volumes saying that there was some distribution happened may be reason for this correction
-->If we observe the bottom arrow that mentioned red candle with high volume is a support breakdow n and may be the stop losses of previous long trades
What's my point?
-->Even if price continues to move down I'm expecting a pull back before that and this Idea is actually trading that pull back.
-->If my analysis goes wrong and price breaches this demand area I will exit with my stop loss and enter at next demand areas with new confirmations.
Entry setup:
Enter Long: 2480
Stop Loss : 2425 (70 rupees per share and one can plan their risk accordingly)
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
***If you like my analysis let me know by giving boost or a comment.
I will be updating.
Nifty Buying at Demand areaAggressive entry model because we will enter without confirmation.
pros: Small Stop loss and High reward
Cons: Does not need to respect the demand area and it may break it
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
***If you like my analysis let me know by giving boost or a comment.
I will be updating.
ONGC: Channel trade potentialONGC
- This is a follow up on my previous idea when stock was trading at 140 odd levels
Chart set up
- The stock seems to have given a fresh breakout on hourly charts from yellow channel channel
- 21 hour EMA and 63 hour EMA around 148 / 146 respectively
Target potential for the stock 156-158.50
Use the 21 hour or 63 hour EMA as important Support level to watch out for
Risk Profile
The set up provides a risk::reward ratio of 1::3
Trust the idea helps in planning your trade.
Take care & safe trading..!!!
To trade with me, hit the Like button and Follow
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be