Hi trader This is Indian oil corporation Triangle Breakout. This is my favourite setup for positional trade. Note - Only for Education Purpose.
Eventhough the stock is not following the rules of my trading (please check my previous swing ideas) can give a great return in short time with small stop loss. ACCUMULATION PHASE IS GOING ON.
BF Utilities For swing/positional trade Breakout and retrenchment did with good volume can be playable for Upside for the target of 455/480/530 stop-loss can be : 1) If you are doing short-term trade sl can be 400 2) If you are doing positional trade sl can be below demand zone i.e 360 here for positional trade R:R is 1:1 and for short-term swing R:R is 1:4...
Swing Trade : KNR Constructions Reasons : 1) H&S Breakout with good volumes and retracement also done with good volumes. 2) taking good support of EMA's that's why Stoploss is near to 20 Day EMA. Can be played for upside move with stop-loss of 305, for the target of 335/360.. >> NOTE : I’M NOT RESPONSIBLE FOR YOUR PROFIT AND LOSS I’M NOT A SEBI REGISTERED...
ITC ltd looks good for swing/positional, As visible in the chart itself, there are some important levels are marked. & It can be taken as Swing/positional trade, Reasons : 1) Higher high structure on the weekly timeframe 2) reversal possible from this level 3) Good R: R ratio which is around 1:2 Sl can be around 194 for targets of 235/265/320++ Trade on...
Pnb housing for short term stock 1.you need to hold stock for atleast 1 month for better profit 2.candles close above resestance area and two ema 50 & 100 3.look at the volume chart fii&dii stepping in