Search in ideas for "dcb"
MINDTREE#MINDTREE:- BUY ON DIP 1820/1870 Range for Target 2100/2200++ With Stop Loss 1700 (DCB)
#Disclaimer:-I just shared view for only educational purpose.
#priceaction #MINDTREE #CHARTS_INSIDERS
S Chand & Company Ltd S CHAND - STOCK FROM EDUCATION SECTOR.
S Chand recently changed its trend in weekly timeframe and has formed another Higher High. Stock has potential to move towards 170/190 levels.
Stock lacks quality fundamentals with negative ROCE/ROE and EPS. Risky stock so manage risk accordingly.
SL - 60 WCB OR 90 DCB
WELSPUNINDWELSPUNIND (Daily):-Retest Range 74/79 & Pattern Target 90/100++, Pattern Invalid Below 69 (DCB)
Weekly breakout in Dhanlaxmi bankThe stock has given a weekly close above 16 (blue horizontal line) for the first time after over 20 months.
The stock is also on course to breakout above the resistance trendline (red trendline) which is over 2 years old.
The move is accompanied by decent volumes and should most likely lead to higher prices in the short to medium term
Buy Dhanlaxmi Bank with an initial target of 19-21 with a DCB stoploss of 14.8
[Basket] DCB Bank Investment IdeaBreak Out in M frame if it triggers plus fundamentals!
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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DFMFOODS, EXCELLENT INTRADAY & SWING OPPORTUNITYDFMFOODS has given a very good breakout on daily along with massive volume.
Intraday above - 424
Swing above - 430 (Day closing basis DCB)
Thanks
Piyush Gupta
Learn & Earn