5PAISA trade ideas
Buy Today, Sell Tomorrow: 5PAISADON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in 5PAISA
Buy Today, Sell Tomorrow: 5PAISA
5Paisa at its Strong support Level n Making its Right Shoulder5Paisa at its Strong support Level n one Possibility to Make its Right Shoulder You Can buy at support and Ride With Right Shoulder in One Day Time Frame... RSI also Giving us a Positive Divergence
Trade on Your Risk
= } Rule1 } you can take long position when 8 EMA Cross 21 EMA in 1Day Time Frame
First Target 230
Second Target 380
Stoploss 273
{ Follow Rule 1 }
5Paisa - Bullish BATEntry Price - 436.75
Stop Loss - 410.90
Target - 511.90
Note: For Educational Purpose Only
5 Paise for short termHi currently 5 paise is in consolidation.
Once the breakout done completely we can enter
Entry @ 464 - 484
Target - 565 & 671
Stop - 432
5Piase buy at current level for 15 to 20 % return5Piase buy at current level for 15 to 20 % return in 1 to 2 months
Cup with handle in 5paisa, will it give us 10paisa?5 paisa capital is among the top three discount brokers and also fundamentally storng , good candidate for swing 👍🏻
watch for resistance breakoutbuy above 427 in intraday and swing
for swing keep Sl below 410 and target - 450, 465, 528
For Intraday
For stoploss use 5 minute chart and see nearest support.
for target also 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 Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
5 PAISANote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
#5PAISA WEEKLY CHART VIEW#5PAISA WEEKLY CHART VIEW
5Paisa Capital Ltd. has formed a hammer pattern at strong weekly support and likely to stay positive in the near term till the stock holds 285 level on the closing basis. The risk:reward seems quite favourable.
It is likely to see bounce if the above support remains intact.
Keep a close watch.
