MTARTECH - #intraday Chart Analysis || 12th May,2023 #stocks

Diupdate
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 12th May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups

Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it

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DISCLAIMER:
.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED

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Trading ditutup secara manual
MTARTECH (5min TF)
- Intraday Entry Given on 12th May (Friday)

Entered Long at 11:40am
✓ Achieved 1.3%
✓ R:R = 1:4

✓ Once the lower trendline was broken, it was a clear signal that we needed to go short
✓ I waited till the trendline was retested with a clear pull down candle with a small stop loss
✓ Entered and had a clear 1:4 target

#stocks #intraday #targetshit #priceaction #followthetrend
Chart PatternsTechnical IndicatorsTrend Analysis

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