Supply Zone
BHARATFIN Short Setup [Intraday]NSE:BHARATFIN Short at 939.75 with SL at 947 and TP 925.25.
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
IGL Short Setup [Intraday]NSE:IGL had gone up 4% after market open due to good Q1 earnings which was released late on Wednesday after market hours.
There is a zone at 332.85 from where we can witness profit booking which should help in achieving our first TP which is 2:1
Entry at 332.85 with SL 334.65 and first TP at 329.20
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
HDFCBANK Short Setup [Intraday]Please Consult Your Financial Advisor Before Taking Any Decision.
Educational Idea
NSE:HDFCBANK Sharp fall towards 2200 after market open which caused a runaway gap on the downside, only increases the probability of a short setup at 2279.15 with SL at 2290.50 and 2:1 target at 2256.45.
3:1 target at 2245.15 to be only targeted once 2256.45 has been achieved and SL to be moved slightly below entry to cover cost in case triggered.
Note: Always risk 1% of account size per trade, adjust the position sized based on it.
ITC Trading @10% Discount. Buy between 270 - 275 Levels.ITC has tested 310 Levels several times and it has acted as a strong supply zone. The price then fall down and it is nearing the demand zone again. I expect the price this time to break the resistance level 310 and we can set the target price @320. Stop loss @ 260.