Trade ideas
[Insidebar] Intraday STARHas been rising continuously from the past 9 days, without breaking previous day low, today it has formed an inside bar
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
PDH 531
PDL 521.45
[Intraday] STAR Weekend lvl8 Short TradeShort if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Short & Long This scrip is moving down slowly , the one who has patience can go short , and stay with it putting stop to brake even after move away form the short selling level ,
and cover your shorts and Go long after seeing strong bullish candle formation , and Look to book the long near forecast area
Strides Pharma trade setupLeg a,b,c has satisfied the characteristics of a triangle,this is most probably a triangle. Assuming this as a triangle, leg d will be completed at some 500 level. After leg d is completed, it can be a great opportunity to short for leg e of X/B. after completion of leg e and X/B it can be great opportunity to go long till the wave 4 completes. Keeping probabilities in mind and considering that this is not a triangle, we can assume that leg X has been completed instead of leg c of a triangle, then leg d can be a leg a of Y of 4, which can be still a great opportunity to short for wave b.
If a triangle forms, then most probably, it will form a EX-flat structure of wave Y (just smaller degree of wave 4).
All the targets, SL and entry point will be in smaller time frame keeping internal waves in mind.