Shorttermtrade
BEL :: Long :: Short Term SetupBEL has closed an all-time high and testing the resistance near 194, if crossed and sustained above 194 then it can show a good upside till 225
RSI > 60
Has taken box breakout on the daily chart
Short Term Trade Setup:
Entry: 189 to 192
SL: 182
T1 = 205
T2 = 220
Duration = 1 Month
PS: One can add this as investment stock as well for long-term
Note: This is just personal opinion, trade on your own analysis and risk appetite
[SHORT TERM] BUY TINPLATE The stock is looking good to buy in the 230-220 zone for 8-15% profit.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Deepak Nitrite BreakoutDeepak nitrite recently breakout through the Resistance zone. You can clearly see in the chart. I have marked two zones Resistance zone and Support zone. Since one month stock was trading in between these two zone.
CMP : 1882.35
Positive Points:
Today it breakout with a great amount of volume. Todays volume was above the moving average of volume of 20 days.
Also the closing price is above the resistance zone.
MACD is above zero line and histogram is showing bullish sign. MACD crossover is done.
RSI is above 60. This indicates that the stock is in bullish trend now. If it continues this rally further we can have a very good target in short term which is near the 52 week high price.
Target: 1988
Duration:
Short term
In worst situation stock may drop down and will continue its consolidation phase.
Disclaimer: I am not sebi registered. Please do your own analysis before taking any new position. I am not responsible for your profit or loss.
INDIABULLS REALESTATE ,1H IBREALEST a good Short trading setup available at good Risk Reward available as it has completed as a perfect triangle pattern with 5 legs of corrective and impulsive waves.
DAILY SWING CALL // Monday 15th of March 2021 / NSE: ASALCBRDAILY SWING CALL // Monday 15th of March 2021 / NSE:ASALCBR
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 388.2
TARGET: + 450 (15% Around)
STOP LOSS: 350 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.