GICRE
Live Challenging Stock Market Analysis #GICRE Buy @ 204
Market Analysis
Live Challenging Stock Market Analysis #GICRE Buy @ 204
Target @ 242.75
#sharemarket #GICRE #Nse #stockmarket
Our Unique Features:
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Tradingwithtamil
GICRE - Expecting minimum 50% returns General Insurance is in a Pennant Pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Long General Insurance (GICRE)General Insurance (GICRE)
Cmp - 201
Stop - 170 on DCB
Expectation -
T1 - 340
T2 - Open, Review at 340
Expected Holding Period - 120 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Strategy For GICRE | Long or Accumulate1. Consolidating in a box having area of 20 points
2. Retracement done from high to low (0.5 fib level)
3. Double Trendline Resistance
4. Decent delivery percentage (around 43% on 14/ 05 /2021)
TWO STRATEGIES :
(1)
Buy above 204 for a near term TARGET OF 215-220
SL - 199 (daily closing basis)
(2)
ACCUMULATE TILL 0.618 fib level.... a good move till 240 can be seen.
Time : 1 Month
FAVOURABLE RISK TO REWARD = 1:4 (for Target->218)
TIP : FINANCE SECTOR IS WEAK AS OF NOW.... START BUYING....IT CAN SHOOT UP ANYTIME :)
Trade according to your RISK MANAGEMENT .Levels provided are just for educational purposes.
Feel free to share your feedback and queries.
GICRENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading