Positional
ASTRAZEN | Super RSI divergence in daily time frame - 35-55%ASTRAZEN | Super RSI divergence in daily time frame. Lets try a bottom fishing - Looks potential for 35-55%
We recently traded GLAXO from Pharma which given excellent result. Now another stock from same sector.
CMP : 3100
SL : 2800
Target : 4150, 4800
1:4 risk reward setup (First target)
Daily time frame RSI divergence chart attached in comment
Simple Positional Buy Trade Setup | General Insurance [mid term]NSE:GICRE
I am posting this on request from one of the follower from Twitter.
It gave breakout of 140 level with gap up opening on 11-11-2021. And on 12-11-2021 it sustain above it.
Major breakout level is 150 level. Also on Daily time frame we can see rounding bottom pattern with neckline near to 150 level range.
Trade Setup:
There will be two scenario:
1) It will come down again to test 140 for the support and fill the gap. Once it get support then one can enter the positional buy trade.
Keep SL of 135 for this trade with 1st target of 150 and then on breakout of 150 level above targets will be open.
2) It will immediately give breakout of 150 level and if it sustain above 150 level then one can take positional buy trade with SL of 139.50 and all above level as target.
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Now if you are impatient then you can take positional buy trade from CMP with SL of 139.50 with all above target for short-mid term only.
Please note: This is my personal view. Please consult your financial advisor before any type of investment.
Deepak Nitrite swing trade - Target - 2500, 2800It has taken a support at the trendline and has also given a positive breakout above the resistance 1 on a shorter time frame. It is also taking a support at 100 EMA. Short term target will be 2500 and medium term - 2800.
There is also increase in volumes today and RSI moving upwards. Increase in delivery % can also be seen.
Best of luck!!!
Positional Long Trade Setup | IRCTC | SHORT -MID TERMNSE:IRCTC
Observations:
1) On daily time frame, we can see finally, it closed above 10DMA.
10DMA is placed at 845.77 level range.
Please refer below chart : 1 day Time Frame.
2) Also on daily time frame if we apply for FIB Retracement then we can see that it has been trading between 50 & 61.80% level range of FIB.
Please refer below chart : 1 day Time Frame.
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Sustainable breakout of 50% FIB level which is at 895 level range then we can see good upmove.
Major resistance range is 895-905 level range. One can take Buy trade from CMP with target of 905 level if want to have short term positional trade. With SL of 840 level.
Major support is at 800 level. Sustainable breakdown of 800 level will make it bearish.
Anyway, in general IRCTC is a good fundamental stock to have in portfolio for long term.
In mid term, we can expect the target of 1100 and 1200. One can keep SL of 840 or 800 as per risk taking capacity.
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Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with SL as per your risk capacity. This is just my personal view. It is not a trade recommendation. Better to consult with financial advisor before making any investment.
Grasim Momentum Long Prices having Good Momentum
All Levels Mentioned On Chart
How to trade the setup?
When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict
T1 : is Target 1
T2 : is Target 2
When you achieve your first target, book profits of 50%
and shift the stops to the cost
The term Catastrophe Stop, is a maximum movement of price that can happen in opposite direction of trade
so that the setup remains valid, Its basically used, to give some breathing space to the trade,
I may call for a recovery if the setup becomes invalid as the market progress.
As we all know anything can happen in the market and we should respect that
The Idea is for Educational purpose only
At Last, do your own analysis, before trading your money!
UPL Retracement LongExpecting a retracement momentum up
All Levels Mentioned On Chart
How to trade the setup?
When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict
T1 : is Target 1
T2 : is Target 2
When you achieve your first target, book profits of 50%
and shift the stops to the cost
The term Catastrophe Stop, is a maximum movement of price that can happen in opposite direction of trade
so that the setup remains valid, Its basically used, to give some breathing space to the trade,
I may call for a recovery if the setup becomes invalid as the market progress.
As we all know anything can happen in the market and we should respect that
The Idea is for Educational purpose only
At Last, do your own analysis, before trading your money!
I AM BULLISH ON CM Software companyrisk reward tool gives you clear idea about ENTRY ,STOP LOSS AND TARGET
yes its good time to invest
do not exit after hitting the target we will try to get more points if the script is in good momentum
when I get the idea that this script is not bullish anymore I will let you know guys
DAILY SWING CALL //Monday 09th of August 2021 // NSE: CONCORDAILY SWING CALL //Monday 09th of August 2021 // NSE:CONCOR
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 690.4
TARGET: 794+ (15% Around)
STOP LOSS: 621 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.