Daytrading
AMBUJACEM Blast, further level marked !!NSE:AMBUJACEM
#NSE:AMBUJACEM level shared @ 340 and now trading @ 365, 8% up move registered,
marked further levels for practice.
Happy LEarning !!
Check my signature column for all the charts shared today, and the practice was damn good with blasting results.
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SSL Channel and Hama Candles Setup for Swing/Intraday tradingHi followers,
This is very effective trend following strategy and we take entry only on trend confirmation which increases the profitable trades and also we can trail our SL if needed in this strategy.
I have mentioned the indicators and how to use in the snippet. please go through the example and backtest on your selected stocks in all time frames and confirm if it suits your style of trading.
MGL shortTrade stratergy
* Overall market was trading near the monthly support zone. and also market broken the demand zone in weekly time frame.
* In day tf, market reach all fib extension levels, possible to retracement happen or continue the trend. but, market start the retracement and also continue the down trend.
* How i identify the retracement completed?
In Hr tf, market turns the trend to down trend.
COALINDIA Trade Setup For TodayIntraday pick for Today - 17-01-2022
stock name : Coalindia
Time frame : 15 minutes
Wait for proper breakout and retest for entry.
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Reverse Head and Shoulder Bullish Breakout | Swing TradeWonderful pattern in Tata Communication, straight 7% Target
Reasons to enter -
1. Beautiful reverse Head and Shoulder
2. Horizontal demand supply conversion
3. Trendline Demand Supply Conversion
4. Big volume
5. RSI above MA
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The Rich Trader
Rohit Sharma
MTech IIT Guwahati
Banknifty Intraday Trade SetupBanknifty is trading in Falling Channel on Intraday basis and CMP is quoting near upper band of the channel which could be a opportunity to short the index at CMP, however opening price will effect the trade plan. If Banknifty opens up inside the Channel then we can look to short with a Stoploss at 37920 and Targeting 37450 & 37200 levels.
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