EQUITAS HOLDING IN RANGENSE:EQUITAS
THIS STOCK CAN COME IN A RANGE OF PRICE 43 TO 63
ONLY FOR EDUCATIONAL PURPOSE ONLY
EQUITAS
EQUITAS buy setup - Risky tradeBuy EQUITAS at CMP (112+)
T1: 122.50
T2: 127
T3: 133
T4: 142
SL: 104.5
#Equitas#near to symmetrical triangle breakout#Equitas
CMP: 106
Breakdown below 102
Breakout above 108
Took support of 50,9 EDMA, RSI moving up..!!!
Traders - possibility of breakout is more - Can give a good move 108 (volume must be high near breakout)
BTST TRADE IN EQUITAS !!(DEC FUT)!!BTST TRADE IN EQUITAS
TRADE VIEW:-
DEC FUT
BUY@111.5
STOP@107
TARGET @115-117
LOT:4000
QTY:2
Equitas : Sharp decline in store.!Equitas had a bad day on Monday when it came out with its results. The stock has already been witnessing some strong declines. The rallies at every opportunities have attracted selling interest. The descending trendline (pink line) shows that the resistances were maintained despite its attempt to recover. In the process the stock also formed a descending triangle formation which was broken in previous trading session.
The ADX DMI setup is now highly accelerated with negative DMI inching higher suggesting that we could have a potential decline towards 80 making it a good shorting candidate. Rallies till 94 also is a good point for adding to your position with stop above 99 as a multi day possibility.
Idea Sourced From
NeoTrader
trade.chartadvise.com
Equitas ShortEquitas is trading in a parallel downwards channel. It formed a bearish harami candle on daily charts. Price rejection can be seen from top of the channel. Shorts can be initiated at CMP with easy targets of 100-95-90. Stoploss can be kept at a closing above the upper trendline.
Short EquitasTrade Idea: Short Equitas below 127.5
Signals:
1) Head and Shoulder on the Daily with neck-line at 127.5-128
2) Strong move lower of 4.5% creating a dark cloud candle
3) Moving Averages above the head of the candle and not too extended
For educational Purpose Only
MOMENTUM TRADE IN EQUITAS DEC FUTMOMENTUM TRADE IN EQUITAS
RISE IN OI+
RESISTANCE TURNED SUPPORT++
BREAKOUT FROM INSIDE RANGE BAR+++
DEC FUT TRADE
BUY@125
STOP@122.5
TARGET@130
LOT:4000
QTY:1
