Intraday Trade: - watch for triangle breakoutbuy above 305 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
GDL
Gateway Distriparks - Bullish Setup - 16% UpsideThe stock is currently consolidating after a run-up, and is hovering around its resistance zone.
The setup looks ripe for going beyond the previous 52W high and reach ~348 levels.
Refer the fibonacci retracement in the chart and apply stop loss basis your risk profile.
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gdl chart analysisgdl chart analysis for intraday and swing trading other information given on chart
DAILY SWING CALL // Wednesday 27th of January 2021 / NSE: GDLDAILY SWING CALL // Wednesday 27th of January 2021 / NSE:GDL
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 174.9
TARGET: 202 (15% Around)
STOP LOSS: 157 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
GATEWAY DISTRIPARKS GDL investors time to be cautious!GATEWAY DISTRIPARKS GDL investors time to be cautious. A breakdown below 205 could trigger further downside!
A descending triangle in the formation. Once the descending triangle pattern failure occurs (breakout above 280) then it could move towards 325-370
