We have checked three things while taking this trade : 1. The volume should be low, no trend changing. 2. Double top pattern from major resistance. 3. We are aiming for 1.5% RR ratio which is good but it can be a hold it it breaks lower support (low chance). Action Plan : Short at the current price and sit back, trail the stop loss once it reached the W pattern...
Aggressive traders : Buy now and exit at the upper support, later buy again after retest and trail till target. Safe traders : Buy only after the retest from the above resistance zone. Logic : It is in a triangle pattern with strong bullish momentum! Possible upside move will lead to a good risk reward ratio.
Follow these rules before buying : 1. The pattern break candle has good volume. 2. It retraces a little bit for last kiss. 3. Buy on the second green candle. The RR is of 5:1 Do follow for more such analysis
Follow these three rules to take a trade : 1. It should break the ongoing triangle pattern. 2. The breaking candle should have high volume. 3. There should be a retest. 4. Take the entry at the second green candle after retest. Do comment if you have any other doubts as well.
Please follow these rules before taking a trade : 1. The breakout candle didn't have any volume (Checked). 2. It is at a major resistance (Checked). 3. The up-trend has to be broken and retested (Checked). 4. Take the trade only after the above these. Do let me know if any doubt is there.
Please find these 4 rules before taking a trade : 1. Triangle breakout. 2. High volume green candle breakout 3. Retest candle 4. Making a position only after the first green candle. Please comment if you have any doubts.
Please follow these rules before taking a trade : 1. A triangle pattern is visible , so take a trade only why it breaks in the positive side in our direction. 2. Buy at 2nd green candle in 15 min or 5 mins chart frame. 3. Keep a trailing stoploss with Rs 10 in mind.
Take entry only when it satisfies these conditions : 1. It breaks the uptrend in a downside move. 2. The breaking candle is high in volume. 3. Wait for the retest as it is very very important in this case. 4. Set the Target and Stop Loss as soon as you enter the trade. Do let me know if you have any doubts regarding the trade.
Safe Traders : Wait for the retest to happen and enter only when the triangle channel breakout. Aggresive Trader : Take an entry at current price and exit near the resistance 1 , take an entry again after the retest happens. Please comment if you have any doubts.
Please follow these rules while taking a trade : 1. It should break the ongoing channel (Checked). 2. The volume of breaking candle should be high (Cheked). 3. There has to be a retest (Checked). 4. Make a position only after the retest's second candle (Checked). Do let me know if you have any doubts related to the trade.
Keep a watch in the movement and buy only when you see a bullish momentum candle. Logic : 1. It is at the all time support zone . 2. Closing happened with a green candle and a long wick in the downside. 3. It is in oversold zone in RSI (<30). Setup : 1. 15mins Chart Time. 2. Target : 108 (Next resistance) 3. Stoploss : 104 (Little lower than the previous high...
Please feel free to comment any doubts if you have , I have marked the level in the trade for tommorow. Logic : 1. It is most likely to take last resistance as a support and bounce back. 2. RSI is in oversold zone (31). 3. Bounced back from this zone more than 8 times . Setup : 1. 15mins Chart Time. 2. Target : 385 (The last HH which can act as a resistance) 3....
It is satisfying all the rules which we follow to take a trade : 1. Always buy/sell with the trend. 2. Always wait for the last kiss/breakout. 3. Always buy the second candle after retest. Please follow the stop loss as intraday is all about minimizing losses and maximising profits !! Feel free to follow me on Quora (Jago Niveshak) for daily calls and...
It is satisfying all the rules which we follow : 1. Always buy/sell with the trend. 2. Always wait for the last kiss/breakout. 3. Always buy the second candle after retest. Please follow the marked levels to book profit .
I have market the levels in the chart itself. Please refer and comment if you have any doubts ! Selling at CMP Target : 3725 Risk : 3932 Risk : Reward is 2.57 Do follow me on Quora (Jago Niveshak) for daily calls / stock tips to trade the next coming days. Thanks for keeping me motivated by showing your love and support !
The RSI is also in the overbought (>70) zone and hence once it rechecks the marked level in the chart one can easily take a BUY call. Target : 3% Risk : 1% Risk : Reward : 1:3. Will keep updated here. Do follow to keep motivating you ! Also you can follow me on Quora (Jago Niveshak )where I will explain the whole setup and levels to BUY for two stocks for 7th July 2020
Target : 2% Risk : 1% Please comment for any doubts!
One can enter the trade once you see a very big bullish candle on 15 mins else wait for a retest if it is a quick momentum. Please avoid trading in the first 15 mins as it is highly volatile !