Pullbackbuy
HDFC - VIEWtriangle breakout
+
resistance line breakout
buy near 2360 with your comfort R:R
disclaimer- for study purpose only
Buying Pullback -at Trendline SupportEntry 430
Stop-loss 409
Target 530
Risk/Reward 1:5
Axis bank trading at trendline support. Intermediate and short term trends are up. This pullback is an excellent opportunity to go long because of a very favourable risk to reward ratio.
Don't invest more than 5% of your total capital into a single stock.
A pullback before further down move?Nifty taking support at around 11800 level as well as a recently developed uptrend line (marked in green). It might bounce back from here and form a sideways pattern before resuming its down move.
But I will not be in hurry to initiate a long trade.. not before there are good volume bullish candles in intraday charts.
POSITIONAL LONG TRADE IN CANARA BANK !!(DEC FUT)!!POSITIONAL LONG TRADE IN CANARA BANK
VIEW:
-LIKE EARLIER CALLS WE WERE EXPECTING A PULLBACK TO BREAKOUT LEVELS
-WE NOW EXPECT BIGGER TARGETS
CHECK PREVIOUS IDEA
CHECK PREVIOUS IDEA
TRADEVIEW
DEC FUT/JAN FUT
BUY@225
STOP@215
TARGET 1@230
TARGET 2@240
LOT:2000
QTY:5
Shriram Transport: BO and Three RoutesNotes on the chart.
Hit like, comment n share if you find this post interesting and helpful.
Trade Safe
Best Regards
Afraidtotrade