Search in ideas for "dcb"
Swing and Intraday trade : Resistance breakoutbuy above 170 for swing and Intraday
keep stoploss of 155 DCB(breakout candle low) for Swing
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
ATH breakout pullback and continuationbuy above 5000 for intraday and positional
keep stoploss of 4450 DCB for positional
For Intraday:
Note this scrip is volatile for intraday as spread difference is more so keep position sizing small
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
Swing Trade: watch for range breakoutbuy above 8350 for swing trade
for safer side one can wait for 8500 level
keep stoploss 7680 DCB
Target - open or keep booking partially at each 5% level
Nifty Future monthly Analysis.As long as Nifty future is holding above 17863 on daily closing/settlement basis. One can hold long positions in far month call options/futures(Jan 2022 expiry). Heavy long winding expected on closing below 17863(DCB).
Note. This is just my personal view and not to be considered as a trade recommendation. Kindly do your own analysis before entering any trade.