MIDHANI trade ideas
Short Term Pick up ✌✌✌✌This scrip is choosen for short Term pick up as it had a beautiful pattern. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Channel Breakout with good volumeA quick return in a short period. Possibly.
Ok so a breakout with decent volume. Could give a great return.
Mishra Dhatu Nigam LtdWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
mishra dhatu nigam looking under channel movemishra dhatu nigam looking under channel move and waiting for strong breakout
good move if its break channel.
Long midhani once againBut midhani at cmp 185 for a tgt of 201/210/215. Last week of sep may see buying due to dividend. Risk to reward is favourable . It is ITC of PSU poisoned to reach 200.
Stock near oversold levels expect a good retracementCompany : MIDHANI
Entry Price : 189.65
Stoploss : 170.65
Target 1 : 208
Target 2 : 218
MIDHANI at support zone and stock is oversold, expect a retracement.
Low risk set up ✌✌✌This scrip has risk reward Ratio as it has beautifully respect the lower trendline. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏
MIDHANI near breakoutEither buy at complete breakout of 215
or buy near support 185-190
SL below 160
Target 280+
#1 MIDHANI - Invested 1L in it lets see | Part-1💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis and Real-time trades that I take too :) 💲💲
🔰I too am a learner and would love to learn with you all :)
🔰Well, this is a transparency series created by me, here I will take the trades and then post them, will also tell how much I invested in it and what are my targets, when I exited, what were my returns, or did the SL got hit. These trades are under the guidance of my mentor and as per my risk-reward ratio, This is no call just being transparent with you all :)
➼Don't blindly take the trade focus on the process first then step into the trade
➼Define your risk first then trade
➼If your setup of trading and mine matches then it's awesome we think the same :)
🔰 {Some info} - updated
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process
➼just from an educational point of view and no calls.
➼Guidance: The Madras Trader
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MIDHANI SHORT TERM LONG POSITIONALThe price has broken and retested the trendline ad strong green candle indicating strong up move.
Midhani 13.06.2021MIDHANI.
Buy triggers above 205 closing on 3 hour candle.
Stop Loss 190.
target 225/240/250++
Happy Trading!!!!
MISHRA DHATU NIGAM-Fundamentally good stockBreakout with good volume, retrace phase lets see breakout was fake or real. SL-183 on closing basis.
1st Target- 211.50
2nd Target-215
3rd Target-230
