MPHASIS trade ideas
Strong Bullish Swing on MPHASISEntry - 3366
SL - 3336
SL in Rs - 30
Max loss - Rs 500
Qty 500/30 = 16
Capital Rs 53376
Targets -:
1) 1:3, book 50%
8x3x30 = Rs 720
2)1:10, book 25%
4x10x30 = Rs 1200
3) 1:15, book 25%
4x15x30 = Rs 1800
Total Rs 3720 , 7%
After 1st target trail Sl cost to cost
and keep trailing at 1:3 ratio.
[POSITIONAL] MPHASIS SHORTcBET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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MPHASIS swing trading analysis and setup🎇Hello Traders👋
Today i have made a post on MPHASIS 4hr
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
[ INTRADAY ] MPHASIS LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********