Trader
AUDCAD Trading Plan - 18/May/2022Hello Traders,
Hope you all are doing good!!
I expect AUDCAD to go up after this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
ACC NEAR BREAKOUT (FOR SWING TRADE) According to news,
Cement prices expected to rise further on rising raw material cost
SO KEEP EYE ON CEMENTS STOCKS,
ACC CEMENT FOR BUYING ABOVE 2239,
ONLY BUY IF GIVES BREAKOUT ABOVE EXPECTED LEVEL..
𝘿𝙄𝙎𝘾𝙇𝘼𝙄𝙈𝙀𝙍-
Trade On Side of Market And if you find that trend is week then you can exit before target.
Do Your Own Study Before Taking Any Decision All These Charts Are For Learning Purpose.
Wait For Breakout Before Entering A Trade, Wait for Your Levels Before Entering A trade.
𝘿𝙊 𝙔𝙊𝙐𝙍 𝙊𝙒𝙉 𝘼𝙉𝘼𝙇𝙔𝙎𝙄𝙎 𝘽𝙀𝙁𝙊𝙍𝙀 𝘽𝙐𝙔𝙄𝙉𝙂...
BANKNIFTY BULL RUNbanknifty is wokring in a channel which can be spotted in an hourly time frame also bounced from the support as in the chart if trendline is broken as shown in chart we can again see upside levels chances are very high of upside movement and a bull run.
40000 target might be coming in banknifty.
35% Potential Trade in Venkeys | Swing TradeWonderful 35% potential swing trade in Vekeys.
Tactics - Wait for a powerful green candle as a confirmation to enter in daily TF.
Reason to trade -
1. Breakout of 50 EMA with good volume
2. Trendline breakout
3. Breakout of Horizontal Demand Area
4. Has made a breakout and then retest which is a bullish pattern.
5. RSI above MA
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Lets make money together
The Rich Trader
Rohit Sharma
23% Target Potential | Vedanta Ltd | Swing Trade Vedanta Ltd, beautiful 23% target potential.
Reasons to Enter -
1. Taking Support at the 50 EMA
2. Trendline Support
3. Trendline Demand Area
4. Horizontal Demand Area
5. Risk Reward ratio = 12
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Comment down if you want video explanations of the Trades ideas that I put. I can make separate videos for your learning.
The Rich Trader
Rohit Sharma
MTech IIT Guwahati
24% Target in CAMS | Swing Trade Wonderful trade in CAMS (Computer Age Management System) with potential target of 24%
Reason to take trade -
1. 200 EMA breakout, this is a very strong bullishness
2. Horizontal Demand area
3. Trendline Breakout
4. RSI above the MA line
This all makes this trade a very good trade right at the confluent area.
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46% Target in Balaji Amines | Swing Trade Potential Swing Trade Opportunity in Balaji Amines
Reasons to Enter -
1. Trendline Support
2. Horizontal Demand Area breakout
3. Breakout of the 50 EMA
4. RSI Bullish Divergence
5. RSI above the MA
6. Breakout with volume
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10% move potential in Trent | Swing Trade Trent has been respecting the bottom trendline. Has made a doubke top but has again respected at the trendline and consolidated for quite some time.
Now the stock is ready for it journey to make the triple top.
Reasons to enter-
1. Trendline Support
2. Price Consolidation near support
3. The price has made a pin bar and has broken the consolidation in 1W TF and is ready to blast.
4. The price has broken the 50 EMA
22% Target in Deepak Nitrite | Swing Trade Beautiful trade in Deepak Nitrite. price currently at a wonder full confluent area.
Reasons to enter -
1. Reverse Head and Shoulder
2. 50 EMA breakout
3. Horizontal demand area breakout
4. No hurdles after 2494
5. RSI above the MA.
6. Fundamentally very strong company.
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