Betting on downtrend reversal based on the shrinking heights of the lower highs. Wait for a lower bottom to form before going long.
The worst case is the continuation of downtrend. In case of downtrend, the swing low will from a lower low and bound to make a bounce upside.
It broke the downtrend and made a swing high. Wait for the higher bottom and jump in the trade.
Self Explanatory. Wait for more fall for correct entry (or not).
Federal Bank is currently hovering over its support. Bought November futures at 120.3
Fundamentally they're getting crude oil at cheap; so the results can be expected as good! Technically refer the chart!
Marico is hovering near the resistance and hence making a low-risk high gain trade. I shall ask conservative people to get into after a green candle. I grabbed Marico November futures at 311.55 which can be considered as aggressive trade.
Buy on the Support line with a stop loss as specified.
Intraday Idea - As the RSI is in uptrend hence, Short if the low of this candle is breached with the day high as stop loss. Continue this each day till the intraday stop loss is hit for the first time. It will eliminate a the riskiness of this setup. Postional Idea - It has formed potential reverse zone as per harmonic setup as well as Support and...
Betting on the retracement. 122 is the support. Low Risk : High Reward Bet
Support and Resistance trade leading to a low-risk high gain trade opportunity. Bought Nov futures at 506.1 with stop loss at 496.9 This can be called as catching the falling knife. You may want to wait till the fall is complete i.e a green candle is formed.
Pinbar Formation and Support and Resistance Trade. Bought Nov futures at 1691.
1. Wait for a formation of green candle. 2. Enter at the high of the candle (if breached) next day with low of that candle as stop loss. The trade has not triggered yet!
Though I have personally been running with 23800 PE; I will say to short 23500 PE at 100 due to its awesome premium and crucial support.
Shorting Leyland is a suicide but worth a shot considering it already shot to the moon and has to land (read retrace) before it shoot (or fall) further! Sell Futures at 128.5
There are two trades. One which initiated at the PRZ and closed on 0.382 level. Second is initiated on today; with today's high as stop-loss with .618 level as the target. Axis is about to post profit today which is estimated to be amazing. Currently closed the first trade with profit. Riding the second trade but bought a hedge of Axisbank 520 November CE at...