BTST TRADE IN EQUITAS TRADE VIEW:- DEC FUT BUY@111.5 STOP@107 TARGET @115-117 LOT:4000 QTY:2
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...
Equitas 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.
EQUITQS (Equitas Holdings Ltd) BUY ABOVE 116
BUY EQUITAS (Equitas Holdings Ltd) BUY ABOVE 116
Intraday Trade Idea Trade plan as mentioned in chart
Trade 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
EQUITAS (Equitas Holdings Ltd) SELL BELOW 109.35
BTST IN EQUTAS DEC FUT BUY@125 STOP@122.5 TARGET@127.5 LOT:4000 QTY:1
MOMENTUM 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
EQUITAS (Equitas Holdings Ltd) #BUY ABOVE 121
#SELL EQUITAS BELOW 107.4 AND #BUY ABOVE 114