1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors) 5. Some other ways to sell stocks can be a....
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors) 5. Some other ways to sell stocks can be a. 25% or...
How to apply Ninja Scalping (Pull back method) Bank Nifty intraday ninja scalping technique #Banknifty, #Charts, #market, #trading Disclaimer : Views, Videos and Presentations or any information shared in this channel are only for EDUCATIONAL PURPOSES and are not intended as any investment advice. Accuracy cannot be guaranteed on any information/data/facts...
Logistics stock its out performing to market, fundamental is strong. Expecting to give 100% gain with minimum stop loss.
Hi All, The benchmark index (NIFTY50) has become somewhat weak now or to put it better we can say that the power of bulls is now being challenged by the bears. In this phase the trader needs to become really cautious and find some really good setups where the R:R should be given highest priority. Above is the weekly chart of one such setup. Finolex cables gave...
After the breakout from a resistance of 170 zone, M&M FIn has entered to a new bullish territory, and is testing its previous resistance. Good signs are that a bullish engulfing candle has formed taking support of 20 EMA and RSI is also in bullish zone. Entry can be done from current levels till 173 with a SL of low of the breakout candle i.e. 171, hoping for an...
Sunpharma is continously in uptrend and had given a breakout after a good consolidation. Stock has tested its resistance and got a bounce back from that zone. Here is the reason why we can take a entry here:- 1.RSI is above 60 in both weekly and daily chart, which shows strong momentum. 2.Stock is out performing both NIFTY and PHARMA index. 3.Price taking support...
Gold made a bearish triangle pattern on the "Weekly Time frame", even it close below 45600 level
Pfizer @ Nice Support & rejection candle, watch for reversal. Support line will be SL.
This is the projection I had for EURNZD before, after BOS (break of structure), the price will go again to the bearish OB to continue with the movement.
BPCL broke out of its resistance zone of 480, pulled back to the support zone and has exhibited continuation from the breakout. Good time to enter Long for the next resistance zone of 550 as target.
Crude Oil continuous futures contract on the weekly chart seems to have pulled back from its decade+ old trend line breakout. Breakout happened in Jun'21 and crude bounced back on the trend line. We have seen successful bounce from the trend line support and can expect the price to turn bullish from here on the weekly scale. If so, 76 would be the immediate target...
Analysis mentioned over chart Good above 126 level for intraday
Buy at CMP SL 630 Target 800 Pullbacks at lower volumes great set up
#VENKEY (W): Maintaining an uptrend with correct higher high and higher low formations, it has now established a new higher low. Return to the prior breakthrough zone for a retest. 1) Retest Done 2) Risk to Reward Ratio is good :) #Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment...
spot price today took resistance at fibonacci level 2.618, a crucial level and a hammer candle which is usually a sign of reversal. we might see a pullback or consolidation to 16250 to 16350 levels.
VEDL had a successful breakout on 29.07.21 and would have given around Rs 60 profit. Since the stock is an uptrend would it be prudent to enter now. My thinking is since the stock has given a good profit in the push phase we should wait for a pull back to enter fresh longs. Also we have a negative divergence. So wait and watch before committing to fresh longs.
Symmetrical Triangle Breakout with volumes. Currently giving a retracement. SL near 540 Target 696/820 Risk only 10% RR more than 1:1