Hello Traders, United spirits again has displayed good momentum, in price and volume both. I would enter the trade but the entry levels depend on 9 EMA for daily chart. I would keep an eye on the stock and wait for some consolidation before it takes the next upmove. Happy Trading!
Hello traders, For traders with moderate risk appetite, this can be a good trade. Has shown volume, volatility, and momentum on all time frames. With RR of 1:1.5 I would trade it as follows if it shows a strong upmove in 15min chart and my levels would be as follows:- Entry price: 576 SL: 530 Target: 650 Happy Trading!
Hello traders for the above reason this looks like a good candidate. I would attempt the trade for further 10% upmove. Entry: when stock crosses above 47.80 under 48.10, I would buy. Target: 52 SL: 45.50
this movements are based on my findings and I strongly suggest you to use SL and a strategy before following anyone. for this direction use Price Action based on the direction i provided here. if market goes against the direction am expecting, I'll exit from the trade Also i think this will be equal to GBPJPY, and EURUSD as well.
Hello Traders, VGuard can be traded as follows. CMP, ENTRY: 254 Target: 280 SL: 238
Hello Traders, Escorts seems to be forming a good bullish up move. It can be traded as follows:- CMP: 1382. Entry price: 1375-1395, wherever we can find the entry. Target price: 1495 SL: 1308 Please note that the SL is a daily SL. Escorts has displayed a decent sized green candle supported by volume candles. Before that it also retested 9 and 21 EMAs. It has...
Hello Traders, I would buy 10,000 shares of MAHABANK at CMP: 19.05. Then I would sell 50% quantity at 25.55 and 25% at 30.85. The remaining 25% I would leave as it gets free. It looks like a good share as its CCI is moving upwards and so is RS14. Also it has recently given good volume and price upmove. Lets see how it goes. I will still keep my SL placed at...
Hello Traders, RVNL Looks like a good trade as it made good up-move recently. I am attempting the trade at CMP Looking out for following levels:- Entry: 29.35 Target: 34.05 SL: 26 Happy Trading!
Hello Traders, ZEEL is clearly bearish on all time frames. We can short it for immediate target of 150. Happy Trading!
Hello Traders, I see the stock has moved down after giving. head and shoulder pattern. I believe this downward move will continue and thus we can enter this downfall as follows:- Target 1: 2618 Target 2: 2378 Sell on rise strategy. Whenever it touches 21 EMA we can go short on the stock. To do this we will either buy PE 3000 or we can sell CE 2800 or...
Hello Traders, ACC looks bearish from all the time frame charts. To trade the bearish side we need to either sell the future or we need to buy put options or we can sell Call Options. 1. From Call side the only viable strike price is that of 2200 CE 26th August (LTP 181). One can sell this option above 150. 2. And another way is to buy deep in the money Put...
Hello Traders, Varun Beverages has given a good breakout candle on 75 minutes and daily chart. It has been bought with huge volumes. I recommend trading this stock as follows:- 1. Daily SSL is 770. Meaning if stock trades below 770 at closing time then we exit our position. 2. Enter 40% quantity now at CMP. Enter 30% quantity at 800 and enter 30% at 785. I...
Hello Traders, Tata Motors is headed for correction. It can be traded as follows:- Buy TataMotors 30-September-2021 330 PE at or below 46. Target is 95.
Buy UBL for target of 1604 if the stocks breaks up tomorrow above 1495 and then retraces back. Happy Trading!
Hello Traders, with large traded volumes and good price movement, JK Papers can be traded as follows:- Entry: 282, and adding more on pull backs if any till 270. SL: 258 Target: 317 Its a swing trade (duration 20 days) Happy Trading!
Hello Traders! The candle has been so strong upright after continued bearishness. If it sustains above 524.30, Take an entry around 530-533 on pullbacks from 541. And then target 572 as the first target, and trail the SL post that. When taking entry the SL would be 514. Happy Trading!
Hello Traders, BATA India looks like a very beautiful chart, Forming cup with a handle. Taking fresh trade as follows:- Entry: 1670 Target: 1809 SL: 1651 (DAILY SL, meaning if at 3:25 the stock trades below SL then we consider SL as hit) Happy Trading! Thanks
Hello Traders, MGL, if closes above its daily average of 1178, then I would enter it for target of 1258. Target can be for 20 trading sessions approx. Happy Trading! PS: Do not forget to follow SL as per chart.