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Lowriskhighrewardplay

can lauruslab turn from support of 385 , palat zone aaya kya?Although Laurus lab is a falling knife right now and people are struck in this counter but I would like to initiate a long trade around 385/380 with SL below 375. This price zone of 380-385 is support zone of 2020 and I am also counting on RSI which is on oversold level on weekly Time frame. Targets for me on this trade would be 1) 400 2) 422 3) 450 after my target 2 for remaining qty I will bring my SL to cost to avoid any loss in the trade. F&O traders should trail SL tightly since this trade would be against the trend. Lets wait n watch, happy trading
NSE:LAURUSLABSLong
by ssudhirsharma11
#BSE hammer candle in weekly TF, RSI breakout in day TFBSE has made hammer candle in weekly TF, 540-553 will be great place to initiate long trade which will provide low risk and high reward setup. Also on daily TF RSI is about to give breakout from its falling trend line(on day TF, connect trend line from high's of 8th Sept,27th oct, 4th Nov, 25th Nov). 2 options 1) Enter once price close above 587, targets 1) 642 2) 671 3) 700 4) 742 2) Wait for 540-553 then initiate longs targets will remain same as above SL in both cases will be 526 daily closing basis
NSE:BSELong
by ssudhirsharma11
1
#Mastek,around 1600/1610 will give good risk reward for longMastek is one of favourite stock and I have made good money in this counter. I entered around 663 when it broke out of its multi year resistance on 6-8th Aug 2020, made pyramid entry around 28th Dec 2020 which increased my avg price. Added final qty around 28th June 2021, my exit was around 3300+ which gave me 148%+ returns. I was lucky enough to get benefit of the rally which came during covid. Now this stock is again showing some signs of bullishness, I have 2 plan 1) enter around 1600-1610 which will give me very low risk but high reward setup 2) wait for 2 daily closing above 1680 and then enter. In both the cases my Targets would be 1) 1740 2) 1810 3)1962 4) 2146 5) 2260. After achieving these target's I will trail my SL so ensure no loss in the trade. SL in both cases would be any day closing below 1460. Happy Investing :) I am not SEBI registered, equity investment are 100% subject to market risk. This post is for education purpose only.
NSE:MASTEKLong
by ssudhirsharma11
Mindtree, 3790-3810 good zone to short, F&O traders make moneyAlthough there is great movement in IT index on Friday but caution advised now in all IT stocks . Keep booking your profits, trail it tightly as now most of the IT stocks are near monthly & weekly CPR/ATR resistances. Similar case is there in Mindtree where 3790-3810 will be great zone to short with low risk high reward setup. Since I will be planning to take the trade against the uptrend I would like to keep qty low and pyramid once it starts moving in my direction. My targets will be 1) 3660 2)3620 3) 3600 4) 3540. Offloading qty at different levels and trailing will give me cushion to achieve higher targets. Always respect risk , happy trading.
MShort
by ssudhirsharma11
#SCHAEFFLER India, 2515 great place to buySchaeffler India corrected around 32% from the highs of 3953 and now I am waiting it to touch 2515 which is 200 daily EMA support. If you look at the daily chart this stock never touched 200 daily EMA support and it can give good opportunity to people like me to enter with low risk and high reward setup. If I get entry around 2515 then my targets would be 1) 2860 2) 3000(being round number) 3) 3400 with SL of 2140 on daily closing basis. Once second target will be achieved I will offload some qty, bring SL to my cost and keep trailing so that I don't lose any money on the trade. Always respect risk , happy investing :)
NSE:SCHAEFFLERLong
by ssudhirsharma11
GU flipped into bearishGBPUSD had nice bull rally from 1.3565 to 1.14952 with perfectly creating HH and HLs which later flipped into bearish at 1.14952. It failed to break above HH but later breaks below HL, also it broke below the Rising wedge pattern which is considered as a bearish chart pattern that points to a reversal after a bull trend. Target of Rising wedge pattern are usually at where it started from which is around 0.618 fib level and yet not completed. It confirmed the flip of trend by making LL and LHs, currently is in downtrend channel. Entering short when candle confirms the break of ascending trendline would be perfect with SL at above previous LH which is 1.3% only. It would be low risk high reward play. I'll do 3 TPs i.e. TP1- 0.5 fib, TP2- 0.618 fib and TP3 would be at 1.3565.
Short
by itwasblue
1
Affordable Gold during Festive SeasonThangamayil Jewellery Ltd Gold Chart is looking weak as attached below and I'm assuming that Gold would get even cheaper in days to come. Hence, I believe with this festive season being majorly Covid free, people may want to celebrate extravagantly after the low key past couple of years. The only drawback here is that Pledged percentage is 14.8 % Promoter holding 66.7 % Market Cap 1,810 Cr. Stock P/E 27.8 Industry P/E 37.1 Dividend Yield 0.76 % ROCE 11.5 % Face Value 10 Debt to equity 1
NSE:THANGAMAYLLong
by CannySunny
Low Risk High Reward Setup with RSI BULLISH DIVERGENCEThe analysis is on how to create a low risk high reward trade with RSI being a key indicator,together with previous broken resistance line now acting as a support. If the price slope of the stock is negative (bearish) and the RSI slope is positive (bullish) it is an indication (RSI BULLISH DIVERGENCE) of the reversal in the price of the stock.With the previous broken resistance line which will be the demand zone of the buyers a long setup can be created with the stoploss just below the confirmation bullish candle at the close of the day. My name is Ragav follow me for more educational as well as strategical ideas.
NSE:ASALCBREducation
by Ragav27
#CC BANCO INDIA- Inv Head and ShoulderInverted head and Shoulder Pattern on the weekly chart. The stock has been taking resistance at 2 major trend lines. Going forward also, these resistances will be profit booking areas. A huge accumulation of smart money + good results suggests this stock can go big. Q1 FY2021-22 Q4 FY20-21 Total Income ₹ 508.77 crs ₹ 445.82 crs Up 14.12% Net Profit ₹ 45.90 crs ₹ 18.39 crs Up 149.59% EPS ₹ 6.42 ₹ 2.57 Up 149.81% Q1 FY2021-22 Q1 FY2020-21 Total Income ₹ 508.77 crs ₹ 275.60 crs Up 84.6% Net Profit ₹ 45.90 crs ₹ 17.56 crs Up 161.39% EPS ₹ 6.42 ₹ 2.46 Up 160.98%
NSE:BANCOINDIALong
by CannySunny
How to Execute the Trend trading system?Look for Low risk, High reward, and High Probability setups. – Richard Weissman Scenario Many traders get destroyed by fighting the trend, insisting that the market is due to reverse itself or they try to chase the market. They may try to catch short-term countermoves in hopes of making a few quick points, or they may always look to catch tops and bottoms in hopes of capturing the big moves. All these traders end up trading against the longer-term trend and against the odds. How to find low risk, high reward, and high probability setups? Use of Trend Following indicators for High Probability trading A-Use of Moving average. If you just jump into trades because the market is trending, you will be guilty of chasing the market. You have to remember that the market will never go in one direction nonstop, the market typically congests or retraces after a strong move. When the market is trending and you are looking for a place to get in, wait for it to retrace to one of the moving averages or trendlines. When the price is just riding on the moving average or trendline, your downside risk is smallest because you know you will be out as soon as it breaks the line. B-Use of ADX (only for conformation) The ADX does not tell you the direction of the trend; it only tells you if there is a trend and measures how strong it is. On its own, the ADX lags price action and is not a great indicator, and so one should not use it to trigger trades. Instead, it should be used as a way to get confirmation of whether the market is trending or choppy and how strong it is . The level between 20 and 30 is considered neutral. The higher the level, the stronger the trend. When it is rising, one should trade only in the direction of the trend. When the ADX is below 20, you can consider the market to be choppy and range-bound, and a trending system will not work well, resulting in whipsaws. Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the pullback. 6. Don’t chase the market. 7. Don’t fight the market. 8. Even in the strongest trends there should be some retracement. 9. The closer the market is to the trendline, the better the risk/reward ratio is. 10. Use ADX to determine the strength of the trend. 11. Higher the level of ADX, the stronger the trend, below 20 consider the market to be choppy 12. Hold trades longer in a strong trend. 13. Wait for confirmation of a trendline breaking before reversing position. 14. Know where the Support levels are. 15. Place stops outside the Support levels. Closing Words- A successful trader will trade primarily in the direction of the major trend, waiting for retracements to get in.
NSE:WIPROEducation
by Indrajit08
61