Huge volume breakout from parallel channel Im expecting 5-7% upside Always trail the profits
Details in the chart In case if it hits the stop loss, I might reverse the trade and cover up the loss with some profit too.
Details in the chart SL is on closing basis I may reverse the trade if it hits my stop loss
Details in the chart SL based on closing due to volatality
Details in the chart SL on daily closing basis Disclaimer Do consult your own financial advisor before taking up the trade.
Details in the chart Reason for the trade breakout with volume Sl below 1077 T1 1227 T2 1287 T3 1377
Buying Volumes are declining but on the other hand the stock is completing a ascending triangle. This is a divergence, have to see what will happen
Details in the chart View negates if it drops below the channel
Short at 120 SL 126 Target 95 RR 1:4 Disclaimer As BEL is related to defence, govt is taking stringent actions on imports of military goods. Due to the news the stock is moving higher. So this call is related to pure technicals not fundamentals.
Delivery trade Buy 48 SL 45 Target 80+ Long term target
Risk : Reward = 1:2 Buy 1700 Stop 1660 Target 1790 Disclaimer Do your own analysis before taking up anything, this is my personal view not recomendation
Buy Cmp 3037 SL 2976 Target 3329 RR 1:4 Reason for choosing the stop loss is that from march lows the start of the trend line its making only higher lows. So can go long when it comes close to trend line with a stop loss of previous low.
View negates if the demand zone fails to hold. So stoploss can be below the demand zone