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Trendtrading

JINDRILLWait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the pullback. 6. Don’t chase the market. 7. Don’t fight the market. 8. Even in the strongest trends there should be some retracement. 9. The closer the market is to the trendline, the better the risk/reward ratio is. 10. Use ADX to determine the strength of the trend. 11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy 12. Hold trades longer in a strong trend. 13. Wait for confirmation of a trendline breaking before reversing position. 14. Know where the Support levels are. 15. Place stops outside the Support levels. Thank You..
NSE:JINDRILLLong
by Rvkachhadiya
Great Eastern Shipping' at ATH'Great Eastern Shipping' broke out of it's base and at ATH.. with strong volumes.. take a position of small quantity with SL set for ₹ 37.95 “To compound your money, and not your mistakes, your goal is to buy on the way up—not on the way down.” ― Mark Minervini Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
NSE:GESHIPLong
by rajesh066060
2
KOTHARIPET - Weekly Chart AnalysisFrom the left to the right you can see a year long 56% base which started topping out in April22. It took almost a year when the stock took support at 60 level and started its upward journey after consolidating for month and half. It has retraced back almost to 38% of fib. As you can see what took a stock a year to correct 56% and it took only 3-4 months to reach at similar levels. I hope it should either spend few weeks here before continuing its upward move or a sudden move and then small base. So shall position ourselves in such manner. Now 102-124 shall now act as support zone and our view stays valid until it closes below this levels on a weekly timeframe. It is above all the key moving averages. As per the trend based fib 169.50 - 200 - 240 are the levels it can test if it sustains and move further as per the trend. Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
NSE:KOTHARIPETLong
by marketmoneymohmaya
MANINFRA - Weekly Chart AnalysisAfter almost a ~50% move from the low cheat trigger point the stock broke the ATH levels (116-131)and managed to sustain above it for 3 weeks and 15% range which was taken out this week on good volumes. I shall wait for further confirmation of at least 1 close above 155.50 on daily timeframe. Stock is showing good strength and so is its index. It is trading above all the key moving averages. View gets invalid if it manages to close below the ATH Zone which now shall act as a support. Trend based fib targets comes out to 220-260 levels. Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
NSE:MANINFRALong
by marketmoneymohmaya