Reason for long
a) Bamm set up for long
b) marabuzzu candle Hence long possibility
c) Any gap up near the target invalidates the set up
d) Harmonic formation in channel is always a powerful set up, If managed risk reward wisely.
e) Volume spurt engulfing several bear volume bars.
Gayatri Projects has given a strong closing today with huge volumes. Buy above 25.85 level for positional target of 28.3
Buy less quantity as it's a penny stock.
Learn & Earn,
Dr . Tanya Kumar
#Gayatriproj
RSI Divergence. Clear Confluence can be seen. Reversal from support. Strong spread and incrreased volume.
Providing Good entry level with least risk.
BUY CMP
SL-51.80
TGT- 63.95
TAKE MIN RISK REWARD 1:2
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BUY 51.60
SL-48.20
TGT- 58.50
TAKE MIN RISK REWARD 1:2
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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...
Question is on the chart. Answer in comments. Investor and trader psychology are what I want to understand from the expected reaction of market participants.
NSE:GAYAPROJ
Market is no rocket science : Spend quality time on markets and analyse the charts, candle patterns and study fundamentals.
Identifying the price levels plays key role in stock market,
if you practice, you can also identify and follow the trend to become successful trader.
All my charts comes with key levels and most of the times trades respect...
NSE:GAYAPROJ
Looking good @ CMP
Resistance level will be SL
All targets marked on chart
Buy only first 15 minutes stock sustains above resistance level
