Stock has strong momentum in weekly charts, taken good support at current level of 852, for confirmation one can wait for weekly closing above 879 or aggressive entry can be done at current level of 852.
SL is 810 which is on higher side and hence proper position sizing is very much important.
The idea is purely for educational purpose, I am not a sebi...
COLPAL trading in the range from several weeks, yesterday closed above the range with good volumes.. It could potentially give breakout in the upside direction. CMP is 1740, T1 is 1800 and T2 is 1880. Qty should be managed as per SL and max risk.
PS: the trade idea is purely for educational purpose, I am not a sebi registered advisor and not responsible for the...
ACC is slightly crossing below trendline on daily time frame, but volumes are not strong. RSI is indicating not much momentum on either side as well. If RSI crosses above 50 and stock closes above previous day high on hourly charts one can plan the trade in the long direction, else if RSI falls further and stock closes below previous day low one can do short trade...
VOLTAS currently trading at 1015 is at both fibonacci support and also previous support zone. Buy 50% of the position at 1015 remaining 50% if dip comes to 1000 , SL is 980 on closing basis.
The idea is for trading in cash segment with defined risk. Qty should be adjusted based on risk specified.
PS: The idea is purely for educational and research purpose, I am...
ZEEL RSI is still strong, Stock has taken multiple supports before at 215 level and now again is at same level, if you are swing trader, 50% can be entered at 218 level, remaining can be accumulated upto 210, with SL of 203 on closing basis, target is 234 in the coming days.
