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Stoploss

One of my biggest lessons market taught me, read description.I always wanted more from the swing trades I took and I failed to recognise the right target for my trade which many times lead to the stock going down from a major resistance or a trend reversal because of the resistance zone because of which i had to lose a winning trade many times and with time and practice i realised what is best for me is to sell that stock in a major resistance if there is no sign if it will break the resistance such as accumulating volume, anyway i can buy the stock back if it manages to break the resistance , in the reference chart also we can see two major trend reversals because of the resistance.
NSE:GMDCLTDEducation
by Jayesh_chopra
2
WEEKLY DURATION MAJOR TREND LINE ANALYSIS !BPCL is clearly seen taking support from its major trend since past 1 year. It is very difficult to break this trend line. Hence it is good opportunity to go long with small SL. Tips : This is weekly chart , Use weekly chart for trend analysis. Use daily chart to find proper bullish candlestick reversal pattern on this trend line and use 1 hour time frame for smooth entry. Put stop loss little below the trend line and aim for at least 7%+ target or as per your holding power. This is major trend line analysis done for mainly educational purpose , feel free to share your views/feedback.
NSE:BPCLLong
by deswingmaster
MGL looks promising to sell below 1182NSE:MGL Today MGL RSI shows bearish divergence. Couldn't break the 1190 resistance levels. Stock was trading sideways and with a bit higher high formation but the RSI was making lower highs. This is a sign of weakness in stock. Stock is not ready to go up at this moment. One correction is still required. Keep tracking of this stock for tomorrow as MGL looks promising to sell below 1182. Target level are marked in Green line. But don't forget to keep stop loss at 1190 level.
NSE:MGL
by Trading_hawk
TATA ELXSI, SwingSmall pole and flag forming in TATA ELXSI. Wait for a break from the upper end of the flag for a target of a 3920 near 52 W high and stop loss of 3400. If it breaks below do not enter. Wait for it to reach 3400ish levels. Make sure to trade what happens and not what you expect :) Note: Please do not follow my idea blindly, please analyze yourself as well. I just share my idea so that people can build upon the same. The idea I share is open to healthy criticism and feedback :)
NSE:TATAELXSILong
by dakshjain76
JSW Steel, SwingJSW Steel is forming a descending triangle. A break from the trendline can be traded for a target of 730 which is a high resistance region with a stop loss of 670. 673 level has support of 200 EMA, that's why SL can be taken at 670. Make sure to trade what happens and not what you expect :) Note: Please do not follow my idea blindly, please analyze yourself as well. I just share my idea so that people can build upon the same. The idea I share is open to healthy criticism and feedback :)
NSE:JSWSTEELLong
by dakshjain76
2
HDFC, Swing/PositionalHDFC has given a breakout from falling wedge and has been taking support from 50 EMA . Even after the falling wedge breakout, 2605 seems to be a rejection region where one or two gap up openings could not sustain. A closing above 2605 with good volume can be traded for a swing or positional trade for first target of 2768 and second target of 2888. Some good indicators of HDFC possibly achieving target is support of 50 EMA , RSI above 50 suggesting a buy signal and if you look closely you can see a rounding bottom pattern forming which i haven't highlighted in my idea, but it can be seen. If you enter after a breakout from the 2605 region. Stop loss can be set just below 50 EMA for swing. Make sure to trade what happens and not what you expect :) Note: Please do not follow my idea blindly, please analyze yourself as well. I just share my idea so that people can build upon the same. The idea I share is open to healthy criticism and feedback :)
HLong
by dakshjain76
Tech Mahindra, 26 May 2021 - Intraday SetupTech Mahindra can be used for a good short set position depending upon the price action. The closing price today (25 May 2021) was at a very interesting point. At 15 min time frame, it closed below 50 EMA but took support from the trend line. Short intraday position can be taken if a 15 min candle closes below the trendline with a target till 200 EMA and stop loss just above the 50 EMA. Note: Please do not follow my idea blindly, analyze yourself as well. I just share my idea so that people can build upon the same. The idea I share is open to healthy criticism and feedback :)
NSE:TECHMShort
by dakshjain76
CADILAHC TRENDLINE BREAKDOWN & HEAD & SHOULDER 15MCADILAHC has given a breakdown to it's short term trendline in 15mins. It has also formed a pattern at the top which is called HEAD & SHOULDER PATTERN. The bias for this trade is negative. It is a intraday trade which can give you easy profits. But always remember that market is unpredictable. Sometimes some trades go wrong even when you are 100% confident. So you should always trade with a Stoploss. Stoploss limits your risk and you can hold onto your winning trades longer by tightly trailing the SL. Risk management is the key. Happy Trading!
CShort
by ritik_patel
3