Pullbacktrade
SPX 500 positional trade : All targets reached.Please check idea previously posted on 22nd June.
SPX 500 has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA , a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.
LONG ABOVE : 4226
STOP LOSS : 4173
TARGET 1 : 4279
TARGET 2 : 4332
LT LONG.LT has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA , a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.
LONG ABOVE : 1505
STOP LOSS : 1469
TARGET 1 : 1541
TARGET 2 : 1577
prince pipesgreat fundamental pick came across it because of a few custom fundamental screens on screener Business looking really good
industrial tailwinds likely present because the shole sector seems to be doing well.
target and stop loss is thereon the long position graphically present on the chart
INFOSYSInfosys: Swing pick
Method :
Simple channel breakout
Risk management :
Remember odds of trade failing are the highest when the setup is just completed. Wait for the confirmation and be mentally prepared to buy slowly. If you scale in too quickly, you will end up losing more than you should
Buy 30% of your position at CMP, and wait for the pullback, if tested with heavy buyers then execute your 70% position.
Mindset :
Don't bet too soon. Be patient
The whole idea is to lose less money when you are wrong and to win more money when you are right
Note= Trade with probabilistic mindset, no matter how much analysis you do there is always
50-50% chance.
Our main objective is to '' Cut your losses short and let your profits run.''
Remember to be profitable you don’t have to be right every time,
you just have to be right big and wrong small .
Will SPX 500 create a new all time high?SPX 500 has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA, a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.
LONG ABOVE : 4226
STOP LOSS : 4173
TARGET 1 : 4279
TARGET 2 : 4332
ADANI ENT LONG.ADANIENT is maintaining its uptrend structure by continuously making higher lows. It ahs completed a pullback to its 20 EMA and has closed with a positive candle today and decent volume . Keep watch on it for upward continuation. Initiate trade only when price sustains above 1504 for at least 15 minutes.
LONG ABOVE : 1504
STOP LOSS : 1330
TARGET 1 : 1676
TARGET 2 : 1848
SAIL LONG.SAIL has been in an uptrend, continuously forming higher lows. After the recent complex pullback, it seems rested and ready to move forward and challenge its highs and possibly make new ones. It was unable to close above 128 for a number of sessions and has finally broken out past that level on a closing basis. Keep an eye out for levels of 150 and beyond.
TATA STEEL LONG.TATA STEEL has been in an uptrend, continuously forming higher lows. After the recent complex pullback, it seems rested and ready to move forward and challenge its highs and possibly make new ones. It was unable to close above 1150 for a number of sessions and has finally broken out past that level on a closing basis. Keep an eye out for levels of 1245 and beyond.
AMARA RAJA PULLBACK TRADE !!AMARA RAJA Pullback trade :
Stock has 3 supports :
200 EMA
100 SMA
Trendline
Targets are specified in the chart.
SL can be kept below trendline about~8%
Do your own analysis.
Manage RR
XAUUSD longGOLD has been bullish throughout the previous month and probably continue its uptrend until the cryptocurrencies skyrocket back to its previous prices.
The price broke above the resistance and retested it as a support hence i waited for a bullish candle which gave me more confirmation to go long.
Grindwell Norton - Strong Breakout with Triangle pattern- Huge Breakout from a consolidated range and above high
- Formation of a symmetric Triangle pattern breakout
- Supported by Huge Volume expansion
- 1020 can be a good entry level as we may get a pullback
- Can be trailed as the company is financially stable