its just a view ,educational purpose only,,simple candlestick ORB strategy with volume based,
i will buy above the blue line tomorrow EOD may be(3:25PM)
SHORT TERM SWING STOCK
BANARISUG:- The stock has formed a head and shoulders pattern and has given a breakout and is moving back upside after retesting.
Keep an eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share...
As we can see a stock is our sold ,bellow RSI 25 and PCD divergence can be seen
Inside hiken achi body can be seen
ATR is below its average
And as we can be seen in one time frame higher
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned...
Educational idea
Bannari Amman (Nse) Sugars looking good with given level
and trying to catch near retracement zone.
formed double bottom and given breakout retraced near breakout area.
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL...
This scrip was posted yesterday at 1940 and it made high of 2279 which is nearly 17.5 % returns in just one trading session. I hope all our followers had benefited from this post. Kindly like nd share it to your friends. Thanks to all 🙏🙏🙏
