Escorts seems to be forming a good bullish up move.
It can be traded as follows:-
Entry price: 1375-1395, wherever we can find the entry.
Target price: 1495
Please note that the SL is a daily SL.
Escorts has displayed a decent sized green candle supported by volume candles. Before that it also retested 9 and 21 EMAs. It has...
I would buy 10,000 shares of MAHABANK at CMP: 19.05.
Then I would sell 50% quantity at 25.55 and 25% at 30.85.
The remaining 25% I would leave as it gets free. It looks like a good share as its CCI is moving upwards and so is RS14.
Also it has recently given good volume and price upmove.
Lets see how it goes.
I will still keep my SL placed at...
I see the stock has moved down after giving. head and shoulder pattern. I believe this downward move will continue and thus we can enter this downfall as follows:-
Target 1: 2618
Target 2: 2378
Sell on rise strategy.
Whenever it touches 21 EMA we can go short on the stock.
To do this we will either buy PE 3000 or
we can sell CE 2800 or...
ACC looks bearish from all the time frame charts.
To trade the bearish side we need to either sell the future or we need to buy put options or we can sell Call Options.
1. From Call side the only viable strike price is that of 2200 CE 26th August (LTP 181). One can sell this option above 150.
2. And another way is to buy deep in the money Put...
Varun Beverages has given a good breakout candle on 75 minutes and daily chart. It has been bought with huge volumes.
I recommend trading this stock as follows:-
1. Daily SSL is 770. Meaning if stock trades below 770 at closing time then we exit our position.
2. Enter 40% quantity now at CMP. Enter 30% quantity at 800 and enter 30% at 785. I...
Mahlog can be traded for some small profits as per below conditions.
If it touches its support around 694 and bounces back above 700 then we can enter the trade for a target of 749.
If it reverses from current level and close above 721 in 75 minutes or hourly chart then also we can enter the trade for a target of 749.
After entering the trade our...
Hello Traders, with large traded volumes and good price movement, JK Papers can be traded as follows:-
Entry: 282, and adding more on pull backs if any till 270.
Its a swing trade (duration 20 days)
The candle has been so strong upright after continued bearishness.
If it sustains above 524.30, Take an entry around 530-533 on pullbacks from 541. And then target 572 as the first target, and trail the SL post that. When taking entry the SL would be 514.
BATA India looks like a very beautiful chart, Forming cup with a handle.
Taking fresh trade as follows:-
SL: 1651 (DAILY SL, meaning if at 3:25 the stock trades below SL then we consider SL as hit)
MGL, if closes above its daily average of 1178, then I would enter it for target of 1258. Target can be for 20 trading sessions approx.
PS: Do not forget to follow SL as per chart.
Hello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in EURUSD .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it,...
Strong and HIGH PROBABILITY BUY SETUP on Sun Pharma. Currently in the best price zone to buy (510-500). Target: 562, 580
Time duration: HOLD for at least a month. Expected ROI 11-16%
The factors supporting our view are as follows:
1. Price is sitting just above the parallel channel's support trend line
2. Price is sitting just above an important psychological...