breakout trade Sl 196
New born baby running wild... SL at 260.. EPS 70 so my target for stock is 1k.. buy at your risk level. i will buy at retracement around 300-320..
it will help to play gaps properly. I trade gaps and its business. I will share gap play setup when i got something in future.
Studies done 1) Gap study (Roughly nifty give 30%-40% gap days.) all gaps are not shown on chart. 2) Time study 8300-8500 is very importance level like do or die situation. According to me current rally is impulsive, so i see upside continuation after retracement. waiting for some insight from all of you guyes.
nifty struggles for up move. if it break innner trendline get short with SL 8430
Ready for second move.? unfortunately i am not able to capture the first rally of this stock but i am not going to miss second one. SL 60 build the proper position sizing in this stock as it move according as predicted.
nifty broke resistance line. which depicts current wave is impulse wave so be ready for pullback setup. current target level near 8500 as shown in chart. retracement trade setup at 8125-8200. trade as per your convenience.
Its amazing experience to look at Dollar on monthly chart( its first time i looked Monthly chart on Dollar). All time high of 162 Resistance level 102, 120 Support level :100 ( great physiological No). but i think it will dive below that and hunt for stoploss. next support level will be 92
Gold took support at broken trend line which implies downtrend is over.( inner trendline) Outer trendline is still acting as resistance. lets see which trendline is powerful. Resistance level 1300 support 1150.
We always find what to trade.... I got something what not to trade. think different make sense. find another stock to invest as well as trade. dont waste time and money on this stock.
economic condition and next quarter results are not looking great. its good level to short at 8230-8370. SL 8300 Target 7900