MEDICO REMEDIES Pullback1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After rising from ₹17 to ₹100 in last one year NSE:MEDICO went down to ₹64, now it's moving up again. Buy with a stop at ₹67.50.
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
Trianglebreak
Nifty50 Analysis! Triangle Breakout!Nifty 50 Daily Analysis!
Trinagle Pattern formation in Nifty50!
Triangle Pattern Breakout in Nifty50!
Nifty50 formed a Triangle on a daily Timeframe. Today It has given breakout and closed above the resistance trendline. We can expect further upmove in Nifty50 in upcoming trading sessions. Rest of all Analysis is on the chart please take a look.
Entry = Depends on how market opens on Monday
Stop Loss = Below 18337.75
Targets = 1) 18612.70 2) 18740.15 3) 18949.90
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NAM_INDIA Showing Strength1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
NSE:NAM_INDIA is showing strength. Buy with a stop at ₹279.
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
Bank of Baroda Bank of Baroda has formed Ascending triangle pattern on Weekly time frame, it has broken out of the pattern on daily TF but needs to close above the resistance level on weekly TF for fresh trade.
Entry: Breakout of structure (weekly closing basis)
SL: (For aggressive traders)-170 (For safe traders)-150
RR: MINIMUM 1:2
Let the weekly close happen first before taking entry.
Bulish Flag & Pole B/O in Z.F.SteeringA bullish Flag and Pole B/O has been seen on the weekly chart of BSE:ZFSTEERING It is als consolidation within the Ascending Triangale also.
As per the current breakout structure of flag and p [ole one look in to it to create a fresh position at cmp with a SL 590 for first target of 690. The tragts may be more hisher when it gives the breakout of the Ascending Trinagle. I will update accordingly.
Exit the position if the stop lss triggered on Weekly closing basis.
The risk reward ratio for the trade is 1:2 and more if ascending triangle breakout happen
Expecting a small favour from you to like, sahre and prmote the idea.
Your comments are most welcome.
The idea is for Educational Purpose only.
BANKNIFTY Don't be aggressive
.
if there is possibility for bullish--
entry: 44070
target-44290-44350--44450
.
If down trend starts
entry:43600
t1-43400--t2-43100
.
possibility for stoploss hunting will be there.
Don't trade in "no trade zone"
Trade carefully.
.
after breaking green box mentioned,
trend will be confirmed.
.
.
refer old ideas.
banknifty#banknifty 15 min chart : confluence of poc and triangle support near 44000-44100 given good trading opportunity to buy on dip.
now upside gap near 44440
till it is above 44000 and poc (power of control)44100 .. it is in favor of bulls
buy on dip mode
note: above info is for educational purpose.
market is subject to risk.