RALLIS trade ideas
Rallis India Double Bottom Pattern / Good volumesAgro Chem sector on fire.
(However Global markets are weak. US bond yields chart has given a DTL BO.)
Exercise caution. Let's see how it plays out for Indian markets.
SL: Below Breakout Candle.
TGT: 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.
RALLIS India Positional View !!!RALLIS : cmp : 280.6
A cup & handle kind of pattern has been formed in monthly chart.
Bo possible above 294.
TGT 400 ++
Sl 204b clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
RALLIS INDIA | SWING TRADE | 6/3/2021All the reasons for the trade have been explained in the video.
--Happy trading
Rallis India weekly breakoutRallis India CMP 296, triangular channel breakout , target 400 SL 250 weekly closing basis
long on RALLIS(If over all market is positive (i.e. No Panic))NSE:RALLIS
Long on Rallis. It has taken support an area of value.
Note: Do your own analysis before investing and this is only for educational purposes.
correction pattern with support of 200 emawe can take long in this stock with stop loss of 260 as and it has taken support of 200 ema as well as it is 23.6% retracement of current fall
RALLIS INDIAIt has given closing above 50 SMA with heavy volume. Buy above 282. For educational purpose only. Kindly contact your financial advisor before entering.
Rallis - Wednesday TradeChart 2 - 15 Min Time Frame : A further confirmation of below swing trade can be taken if stock breaks the confluence of Daily Trendline and horizontal support. Can be considered for target of 274-275 if bounces from support.
Chart 1 - Stock took support at Fibonacci 50% level in month of November. If stock sustains above 270-275 in next couple of sessions, can easily target 290 and even 314 in next few days. On the flip side if stock breaks TL it can easily reach 247 in few sessions. ##Watch out for 1st chart in my previous idea##
RALLIS - Swing - Ready to book Profit ?Stock took support at Fibonacci 50% level in month of November. If stock sustains above 270-275 in next couple of sessions, can easily target 290 and even 314 in next few days. On the flip side if stock breaks TL it can easily reach 247 in few sessions. Chart 1 - Daily Time Frame
Chart 2 - 15 Min Time Frame : A further confirmation of above trade can be taken if stock breaks the confluence of Daily Trendline and horizontal support. (Watch out for 2nd chart in my next idea)
