Markettiming
NIITTECH Long Setup [Intraday]NSE:NIITTECH Long at 1410.65 with SL at 1402.15 and TP 1427.65
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
APOLLOTYRE Delivery Setup & Short Setup [Intraday] NSE:APOLLOTYRE On 1H time frame apollotyre has been forming a bullish price channel with possibility of price rebounding from the main trend line. There are two possible setups in the near future:
1) Delivery Setup: Price can rebound from 172.70 with SL at 170.80 and potential target at 185. RR: 6.15
2) Short Setup: Sell at 185.05 with SL 186.65 and TP 181.95. RR: 2
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
BHARATFIN Short Setup [Intraday]NSE:BHARATFIN Short at 939.75 with SL at 947 and TP 925.25.
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
SBIN Short Setup [Intraday]NSE:SBIN looking for a quick reversal as the stock has moved up 4% from today's lows due to overall index recovery.
Expecting a sell from 275.25 with SL 276.55 and three potential targets. More favorable target will be the 1st one as its a 1:1 rr and as the trade is against today's move in a short period of time.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
IGL Short Setup [Intraday]NSE:IGL had gone up 4% after market open due to good Q1 earnings which was released late on Wednesday after market hours.
There is a zone at 332.85 from where we can witness profit booking which should help in achieving our first TP which is 2:1
Entry at 332.85 with SL 334.65 and first TP at 329.20
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
HEROMOTOCO Short Setup [Intraday]Please Consult Your Financial Advisor Before Taking Any Decision.
Educational Idea
NSE:HEROMOTOCO the drop formation in 1h sets up for a short position in the scrip.
Short at 2631.65 with SL 2649.50 and two multiple targets based on your RMS.
Note: Always risk 1% of account size per trade, adjust the position size accordingly.
DIVISLAB Long Setup [Intraday]Please Consult Your Financial Advisor Before Taking Any Decision.
Educational Idea
BSE:DIVISLAB is down 3.5% as of now and expectation are for a slight rebound from area 1462.55 which is a 15m demand zone. Stoploss around 2.8 points below entry with tp 5.6 or 8.4 points above entry.
Note: Always risk 1% of account size per trade, adjust the position size accordingly.
TCS Long Setup [Intraday]
NSE:TCS has a 8 point demand zone set at 2180 that sets up for a long trade at 2178.90 with SL at 2169.10 and tp at 2198.60
Intraday trades should be a 2:1 RR although the move towards 1st tp will indicate the strength towards 3:1. Trailing methodology can be adopted once TP is achieved.
Note: Risk 1% of the account size per trade.
HDFCBANK Short Setup [Intraday]Please Consult Your Financial Advisor Before Taking Any Decision.
Educational Idea
NSE:HDFCBANK Sharp fall towards 2200 after market open which caused a runaway gap on the downside, only increases the probability of a short setup at 2279.15 with SL at 2290.50 and 2:1 target at 2256.45.
3:1 target at 2245.15 to be only targeted once 2256.45 has been achieved and SL to be moved slightly below entry to cover cost in case triggered.
Note: Always risk 1% of account size per trade, adjust the position sized based on it.