DON'T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:00 pm every day - Book profits within the first 30 minutes of the market opening - Try to exit by taking 5-7% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA - SL can also be maintained as 3% or closing below the low of the breakout candle The levels mentioned...
R K Forge - Base formation in progress. Can look for breakout after base completion. Let's see how results come out. Only for educational purposes.
Stock Name - Ramkrishna Forgings Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 232 #This is not Buy and Sell recommendation to any one. This is for...
Chart -> RK Forge Weekly The stock has given an inverse head and shoulder breakout with volume build-ups. Keep it on your radar! CMP: 229 Good range: Around 212 Targets: 252, 280 SL: 199 Weekly close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor...
Stock Name - Ramkrishna Forgings Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 228 #This is not Buy and Sell recommendation to any one. This is for...
Price Comming Out Of Cup & Handle Pattern. Keep Stop Loss Below The Low Of Break Out Candle.
stock has formed a rounding bottom and is likely to form a cup and handle pattern after hitting resistance.
RK forge is forming inverse head and shoulder pattern on daily time frame. Keep on radar for breakout & daily closing above 216.
Stock Name - Ramkrishna Forgings Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 213 #This is not Buy and Sell recommendation to any one. This is for...
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
RKFORGE | Trendline breakout - Looks potential for 30% CMP : 190 (Dip : 185) SL : 175 Target : 240 1:4+ risk reward setup
Ramkishna Forgins seems like a Double bottom pattern in daily chart. It's strong bullish pattern. If breakout the neckline & price sustain above 170 in daily frame, It will be move upwards. It is good option for swing traders.
Ramkrishna Forgings rests around ots support for the journey upwards.
#RKFORGE Target -1044+ SL-902 CPM:933 @ 9 February 2022
880 strong support zone breakout above 1200 immediate targets 1120
RKFORGE | Strong support zone - Potential for 20% CMP : 1020 (Dip : 980) SL : 920 Target : 1230 Almost 1:4 risk reward setup Hope to see the target on or before 15th Feb.
levels on chart. inverted head and shoulder pattern.