INSIDE BAR opportunity
Long at 226.15
Short at 221.50
SL mentioned, target open. Seems like it is going toward the long side as it is at a good demand zone.
However, more days of NIFTY shedding down will likely result in breaking this support as well.
Extremely volatile movement in the past months.
Stock is at All time highs and Redistribution has been noticed. 500 is a major resistance with heavy selling pressure.
Short with a Target of 2%, Stop loss of 1%.
Clean 1:2 Risk Reward trade
Intraday preferably since it is a small move
Multi Year Demand Zone approaching.
Watch out for the levels and keep good volume PSU bank stocks on watchlist for catching the move
Your opinions of the budget on Saturday will be appreciated. Last time around the FM made all banking stocks really volatile notably Public Sector Banks on budget day. However we are trading at very different price levels from the...
As explained on chart.
Would suggest a staggered investing method for portfolio addition and Swing trades.
Long Entry price 180-185
SL Lifetime Low 177
Target Open! Swing traders can exit at Targets 200-210
I personally feel that the budget on Saturday is going to give a nice boost to energy stocks and such infrastructure/power driven stocks. Starting Addition...
Our short position on PEL worked out to a decent fall. The full target is still on the cards!
LATE ENTRY REMINDER
A trader who has missed the opportunity can get a late entry near 1650 zone if it bounces for short covering
However it may fall relentlessly and to catch the move an order to sell can be given to trigger at 1560 (low of the day) for an additional...
Achieved 13% return on short call given on TataMotors within a week. Perfect positional trade with a simple yet powerful concept of trading: RSI Divergence and Trendline breaks
Time stamps for trades on previous post:
Short at 198-200/
Trade active: Market actively trying to consolidate,
Looks like it's going south. Its a little oversold but MACD has full sell signals.
I'd watch for the market depth and big orders deployed by MFs to add longs, Grab the opportunity to sell at upper resistance
Once cracked, bloodshed to 52wk low.
Let the Presidents of the two most powerful nations decide the fate of markets worldwide.
Bets on the 15th Dec trade deal deadline turning ugly? US-China bhai bhai?
RBI coming to the rescue before 2020? regret not cutting rates?
Updated from previous idea:
Wait for breakdown of support at 520 zone on 15min candle for rejection at 525.
Short term trendline support also to watch out for.
Although i personally believe it is going to come at it's long term trendline at green, the proper trade would be to wait for breakdown instead of adding shorts at higher zones since it's soaring at ATH.
Simple Trade idea for short.
Market has seemed to have taken out all the bears with ATH levels just before expiry day.
Expecting Volatile movements with a good Risk:Reward. Or it may just consolidate within a tight range as do stocks which have seen Big Buying recently.