Intraday
BHEL --INTRADAY SETUP --23/01/2023BHEL --INTRADAY SETUP -- 1 HOUR -- 23/01/2023
1. BHEL trading at upper channel on hourly chart , trendline & channel support seen at 80 level
2. stock close 80.80 last closing session near support level .
3. one can initiate BUY at 80-80.50 target 82-83 on intraday stop loss bellow 79
4.IF 15 min/ hourly candle close bellow 79, which is hourly trendline breakdown then initiate sell for target 78-77
* normalize deviation oscillator shows strength, bullish above 0 ( center line ) , Bearish bellow 0 ( center line ) .
**THIS IDEA IS FOR EDUCATIONAL PURPOSE ..... trade at own risk .!!
HAPPY TRADING. !!
intradaywait for the entry . important zones are marked
follow risk management and control your emotions
Tomorrow if Nifty takes support at 18000 - 17970Tomorrow if Nifty takes support at 18000 - 17970, then we can see a rally towards 18150 or may break 18150 as it has been waiting to break it.
#intradaytrading #banknifty #nifty #OptionsTrading #optionselling #optionbuying #nifty50 #Nifty
@in_tradingview
Bata - Long SetupA trade setup with a nice risk-reward ratio. Momentum may come if the price crosses 1585. All levels are mentioned on the charts.
Only for learning and sharing purposes, not a piece of trading advice.
Trade wisely and calmly, do not go into gambling. Consider stock trading as a regular business.
All the best.