Intradaysetup
Intraday trade using Triangle and Channel pattern The script has given a breakout in the D time frame the last week with huge volumes and has consolidated since then.Check out my previous post on Aarti Industries as well.Now on checking the smaller time frames I found good consolidatory channel and triangle pattern.It could give a intraday breakout.So, the 15 min chart would be perfect.One could take a trade on closing basis above 1126 in the 15 min chart with targets of 1149 and 1185.My stop loss will be below 1102 on closing basis on the daily time frame.
Disclaimer: I have position in AARTIIND already from 935 levels (150 shares) and I have added more (50 shares) at 1106.I may further add small quantity on this breakout.
This post is for educational purpose only.Pls analyse and trade only if it falls as per your risk reward setup.
Simple Trade Setup | ASTRAL | 27-09-2021 [INTRADAY]NSE:ASTRAL
Observations:
1) On Weekly time frame, range of 1900 to 1950 is acting as a good support now.
Please refer below chart : weekly time frame.
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Trade Setup for Date 27-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NIFTY EXPIRY LONG TRADE Nifty was in complete consolidation mode today and the markets just ended flat with a minor decrease of about 0.10 percent . A very important resistance to watch out right now is at 17663 . A long trade in nifty can be initiated when a 15 min candle closes above this resistance and huge targets can be achieved on intraday basis . Each target given in the setup is big and that is why strict trailing stoploss should be used after we hit our targets one by one .
T1 (17711)
T2 (17756)
T3 (17785)
Simple Trade Setup | HINDALCO | 20-09-2021 [INTRADAY]NSE:HINDALCO
Observations:
1) On Daily Time Frame:It made strong bearish Candle but taken support from 10DMA. Also closed just above critical level of 470.
10DMA is placed at 471.22 level.
Please refer below chart : Daily time frame.
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Trade Setup for Date 20-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Bharti Airtel Breakout BUY intradayHello Friends
Bharti Airtel has just given a big breakout
Buy above 690 If it stay there for more than 15 min
T1 698
T2 705
Sl 685
Bharti Airtel is overall bullish according to indicators. But there can be a small correction in the next week
I have Bharti Airtel in delivery from level of Rs 535 And I am still bullish on it.
Remember when the fundamentals are good then a stock may show a corrections due to technicla but it will always give you good returns on a long term
I am learner just like you all and I am very happy to share whatever I learn everyday with you all and I am open to all your feedbacks
Thanku
MINDTREE INTRADAY SETUP,THURSDAY 22 JULY 2021Mindtree intraday trading setup, targets taken on the basis of previous pivot points, Keep strict stoploss of 0.5%.
Price Action is God.
Do follow for more interesting trade setups like these.