NRBBEARING trade ideas
DAILY SWING CALL // Thursday 3rd of June 2021 // NRBBEARINGDAILY SWING CALL // Thursday 3rd of June 2021 // NSE:NRBBEARING
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 118.9
TARGET: 137+ (15% Around)
STOP LOSS: 107 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Nrb bearing breakout doneSupport zone, shown in chartbuy now tretracement at support zone
Target: 180
Stop loss:115
Time :2 to 3 months
View invalid: below swing low
NRBBEARING TRINGLE BREAKOUT TARGET OPEN ABOVE 123NRBBEARING TRINGLE BREAKOUT BUY ABOVE 123 TARGET OPEN ABOVE 123
NRB Bearing - 1.5yr Head and ShouldersGood amount of accumulation seen over the past 1 year.
Corrected on low volumes, rose on increasing volumes.
The stock is showing strength with the RS crossover.
Shot up post earnings, can go much higher on follow through volumes.
Auto and Realty Sector might outperform.
Moving along with sector.
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 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
NRB BEARINGS - SHORT TO MEDIUM TERM INVESTMENT TRADEcan start accumulating between 113-111
expected target to be 135-150
Bullish For Short Termif it crosses 114 next reistance is 121.80 and id croses that next target is 135-145-150 , SL 104.50, as q4 results are near , decent volumes seen in this stock
NRBBEARING NRBBEARING can be Good go long
long term Target (6m + )
Don't Buy Blindly Do Your Own Research.
Blue Line :- Closing Above Can Go long
Red Line :- Closing Below SL
lavender Line :- act as Target, resistance & support
long position (buy)FUNDAMENTALLY VERY STRONG AND ALSO STRONG MOMENTUM
SHORT TERM TARGET 120 ,130,140
NRB Bearing: Multi touch Resistance BO! 🚀See the volumes. how bullish days volumes have been greater than bearish days. This says its building up something in behind from long. Also, making consistently higher lows that's again a bullish sign.
Momentum pick Explosive on chart.
Once its break 120, could reach 139 and then 148.
Buy around 111-119.
SL: 109
Duration: 5-15 days.
NRB likely to brake the resistance lineIt is W chart and looking like It will cross-resistance very soon
NRB BEARING BUY ABOVE 71 NRB BEARING BUY ABOVE 71
SL 56
TARGET: 74, 78, 84, 88, 92
Posting for Educational purpose only
Closing Basis means stock need to trade above 71 between 3:20 ~ 3.30 PM
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