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Scalptrading

Tata Consumer Product-Probable 4% moveTata Consumer would have been an excellent pick for a swing but with Nations preparing for a probable Nuclear strike I wouldn't suggest going long at the moment. This script looks excellent for a quick scalp. The first hour might see a correction but once the script starts moving, it's likely to gain a good upward momentum. Remember - the first hour is crucial. If the stocks falls and breaks the previous days low, it will likely not have an upward momentum. PS: I haven't been posting much of late due the Russia-Ukraine war that has made it impossible to read and predict a good trend. You will likely be hitting more stop-losses than upper targets. I have switched to Intraday trades and I trade the same stock the next day if I see a continuation of an uptrend or downtrend. I have temporarily stopped carrying my positions. Protecting my capital is far more important than unnecessary and unwanted headaches. So please trade safe until this crisis is over. ====== Remember, if the overall market dips, most stocks will also go skinny dipping. Happy Trading!
NSE:TATACONSUM
by sandeepbalachandran
what type of trader🕵️‍♀️ are you ?✨SCALPING TRADER :> The main advantage of scalping is the ability to gain profit from small price changes within the shortest time frame possible, which is often amplified by a larger position size. This is an intra-day type of trading which means that positions are closed before the end of the trading day or session ✨DAY TRADER :> A day trader buys and subsequently sells financial instruments within the same trading day, which means all the positions that he creates are closed on the same trading day. Due to the short-term nature of day trading, there is less risk involved in it as there’s no risk of something happening overnight to cause a big loss. ✨SWING TRADER :> Swing Trading is a strategy that focuses on taking smaller gains in short term trends and cutting losses quicker. The gains might be smaller, but done consistently over time they can compound into excellent annual returns. Swing Trading positions are usually held a few days to a couple of weeks, but can be held longer. disclaimer - personal view
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Education
by sankhyainvestments
18
NIFTY TRADE SETUP FOR MONDAYNIFTY TRADE SETUP FOR MONDAY Although nifty recovery around 250 points from the low in a single trading day but the market is still bearish. if market opens above 11080 and sustain then we can initiate long for day trading. But in that scenario, I prefer to sell the put options with 11040 stop loss. . the market can be range-bound between 11110- 11180. once the market cross 11180 then we can see 11230, 11250. on the other hand, if the market opens negative and sustains below 11020 we will initiate short. for the target 10960,10902. This is not a trade call. all views are for educational and discussion purpose only.
NSE:NIFTY
by ASHWINIKUMAR2101