DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are...
Portfolio stock, will add up my position if it closes above 200EMA (RED line)
Invested from 320 levels.
Fresh entry also if it manages to close above support this week.!!!
Weekly chart is important.
Chart is self explanatory.
OAL has been trading in a channel for quite some time and is expected to continue the same. Key RSI level of 46 was kept and MACD also shows decreasing divergence with key EMA levels supporting the pullback.
This is only for Educational Purpose and not a trading/financial advice.
Thank You :)
This scrip is in an uptrend for a long time, it had given a breakout from a rangebound correction and now it is retesting the resistance. Previously it had bounced back from the support and i expect similar type of movement here too. Do have an eye on it. One can long this scrip after the confirmation green candle near the support. It may be moderately bullish, so...
OAL BREAKOUT POSSIBILITY FROM CURRENT REGRESSION CHANNEL
CMP: 1010-1011 BUY ABOVE : 1030/1040 SL: 880-900 TARGETS: 1150/1220/1300+
30 days to 90 days view
Good Volume addition at top level of regression channel
At Make/Break level
* For educational purpose only
The stock was given at 860 and today it hit the target of 960. 11.5% in just 3 days. HIT the like button if you liked my analysis and do FOLLOW for more swing trading ideas. For reference, I am attaching the idea suggested below.
Oriental Aromatics Ltd. is a holding company, which engages in the manufacture of fine chemicals. Its products include fragrance, flavour, aroma chemicals, and camphor. The company was founded in 1955 and is headquartered in Mumbai, India.