ifty Trade setup for Friday
Market opens gapup today but cudnot sustain .range bound market is always good for option writer .but range bound market provied us perfect set up for next day market .
Tommrow we will buy above 13170 and sell below 13100. level mention on chart.
Plz check our level ...how our scalping levell work. our level not only give you entry level but also tells you where to book profit .
Tommrow again we will look for buy on dip till 13030 . scalping level mention on chart.
Weekly Analysis on Apollotyre | Swing Trading |
1st Target = 194
2nd Target = 235
Stop-loss = 128
Lot Size = 5000
R:R = 1.5
1) Trendline break with a good volume.
2) Stock is now at major Support.
3) Volume is more than enough.
4) Stock is now at Uptrend since April.
NSE:PRAJIND Looks very good setup to go long after successful breakout of trendline... Good for intraday, Swing trade with strict RR... Consider on closing basis..
Note: This is my personal view and please check n take a trade as per your RR.
Like, comment, share and subscribe if you need more setups like this.. Thanks.
See how our level work today...again when everyone is shorting Nifty @ 13040 we are long above 13040 .
Hope you guys made the money .we should look buy oppurtunity only till market sustain above 13000 hovever book profit aroun 13200. for scalping short ..level mention on chart.
Intraday / Swing / Short term pick: Looks good for 110/132 in 3 to 6 months:
Looking at how price is behaving it can touch 110 130 in few months. Good entry was around or above 58 but NOW ONE CAN enter above 86 on daily closing with confirmation. SL would be 76.
For intraday enter above or between 84-85 for the target of 95/100 with SL of 82
Note: I am not a SEBI...
ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
GAVE A BREAK OUT FROM TRIANGLE AND RE TESTED THE SAME TRENDLINE TO BOUNCE BACK. BUY AT 4870; 4980 IS A HUGE RESISTANCE LEVEL AND PRICE HAS TRIED TO BREAK IT TWICE ALREADY.
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower...