RECLTD - Option Data ComplaintionBullish:
Straddle is at 125
Historic: ITM 125 Puts
1-Sessions ITM: Strong ITM Put writing
5-Sessions PE: 125 PE
Volume: 123.15
PCR: 0.85
Max Pain: 120 -> 122.5
Bearish:
Historic - 125,130 CE Resistance
1D - 120 CE
RECLTD trade ideas
RECLTD - Looking weak with long term support brokenRECLTD has broken is long term support at 116 and given a weak closing with volume. For Monday, if this trade below 113 for 15-20 mins, then it can give intraday move.
In case of gapdown, wait for retracement back to 113-114 level before taking again at dip below 113.
In case of gapdown and no bounce back to above mentioned level, ignore it
Thanks
Piyush Gupta
Learn & Earn
REC ltd @ 127 target 132/140Triangle breakout coupled with good open interest buildup will lead to targets 132/140 on the upside
RECLTDRECLTD : CMP 126.85
Pattern : Falling Wedge
Support : 117
Resistance : 132
Swing Trade Suggestion
Buy Range 124-127
Target 144-153++
Stop Loss 119
Holding Period : 1 Month
Good Volume Accumulation
REC LTD for swing tradingREC LTD with ascending triangle pattern, might be a good pic for swing trading
Long if it breaks from upsideMultiyear triangle a great tradable opportunity for swing/positional traders
buy if green candle closes above R zonebuy if green candle closes above R zone.
and use super trend indicator for entry confirmation
Stocks algo selection (07-03-22)Dear Friends,
Refer chart for tomorrow stocks Algo..
we have select four stocks for tomorrow market based on Analysis.
Regards
Kirit Chavda
watch for head & shoulder breakdowncan short below 124 in Intraday safe entry will be 122
for swing short trade wait for daily candle close below 122
For stoploss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapdown or bd before 9:20
If gapdown is more than 1% from bd level than avoid completely.
if less than 1% or gives bd before 9:20 than wait for
first 5 minute candle and entry below 5 minute candle
and revised SL above candle high.
REC LTD POSITIONAL VIEW FEBYour risk is your risk, none of my risk.
REC LTD forming inverted H&S pattern, breaking 141 upsides will yield targets of 143, 145, 150,155.
If it closes below today's close, short positional for 135, 125, 115.
Swing tradeHead & shoulder pattern breakout... Go long upto 3% with a stop loss of 1.5% on daily basis candle close.
Note :- Education purpose only,... Not a call
RECLTDNSE:RECLTD
RD Trading intraday stock watchlish for tomorrow februry 1.
Check them all and comment your watchlist.
Bullish Traditional Divergence Hello, I found this Divergence which is bullish for the stock
reason 2 took support from 450 sma and reverses upside.
purely indicator base setup this is but reasonable to take entry .
View Negates below 125 clbs.
REC LTD - PositionalWhy this trade..??
1. Double Bottom
2. Bullish Divergence
Reasons mentioned in the chart.
Disclaimer : This view is for educational purposes only and it's my personal.Please Consult your financial advisor before attempting any trade.We're not responsible for your profits or losses.
REC Ltd -- Very good RR above 135Good to add above 136
It has multiple divergences as shown in chart which makes the structure very strong.
Rec ltd [strongle buy ]This stock complete flat correction Abc
wave A start 9 june 2021 end 24 june 2021 .wave A inner part ABC
wave b start 10 june 2021 and end 14 oct 2021 . wave B inner part ABC
wave c start 15 oct and end 20 dec 2021 . wave C inner part 1,2,3,4,5
[Diary] RECLTD Intraday Short Positional LongNote -
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 at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy 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. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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RECLTDRECLTD looks weak below 139.25 till 110 strong above 142 (CMP: 134.45) CAN TAKE POSITION ONLY BETWEEN 140-139
REC near support zone Expecting a bounceNSE:RECLTD
Buy near 125 or above 132
SL closing below 121
T 138, 146, 156
buy RECLit has formed cypher harmonic pattern, though not a perfect setup. also it has form ABCD harmonic pattern. it may retrace to 0.38%-0.50%. view negated below 128 clbs
