SWING TRADE IN HDFC SEPTEMBER FUTURES RESISTANCE BREAKOUT BUY@SWING TRADE IN HDFC
SEPTEMBER FUTURES
RESISTANCE BREAKOUT
BUY@1948
STOP@1930
TARGET@1970
LOT:500
QTY:2
Momentumstrategy
MOMENTUM SWING TRADE IN RELIANCE (SHORT/BUY) SEPT FUTSO SHORT TRADE PLAYED OUT PRETTY WELL
DONT BE FOOLED THAT THE STOCK HAS TURNED FOR GOOD
BE AWARE ITS EXPIRY
NOW WE CATCH IT ON THE UP SIDE
A SLIDE TO 1245 CAN BE SOLD NOW AND COVERED @1250
AND ADD FRESH LONGS @1245-50
FIRST TRADE
SHORT@1280
STOP@1290
TARGET@1250
LOT:1000
QTY:1
SECOND TRADE
BUY@1245-50
STOP@1235
TARET@1280
LOT:1000
QTY:2
WAITING FOR SELL SIGNALPrice is trading at top and i am a reversal trader so i always looking for reversal signal where buyer are losing control and sellers are taking contol. I am waiting for confirmation signal for short and i have my selected 2-3 setups where i always take trades. If i dont see any setup then i skip the trade.
BUYERS ARE TRYING TO CONTROL THE MARKETThis is the perfect example of Momentum but you can not trade only on momentum, You need to combine all price action tools for analysis like Trendline,Support & Resistance zones, Price patterns etc.
If you are a price action trader then you have to trained yourself to locate this type of price action movement.i am doing the same thing again n again and it helps me to identify the price structure.
TATAMOTORS BUYERS ARE COMINGThis is the perfect example of Momentum but you can not trade only on momentum, You need to combine all price action tools for analysis like Trendline,Support & Resistance zones, Price patterns etc.
If you are a price action trader then you have to trained yourself to locate this type of price action movement.i am doing the same thing again n again and it helps me to identify the price structure.