INTRADAY/SHORT TERM- NOTE DOWN THE PRICE LEVELS
Diupdate
Hi,
fellow traders,
here I have marked important price points which I suggest you mark and watch the stock.
I will list them down on 4 Grades, Grade 1 being the strongest and Grade 4 being the weakest.
Grade 1 Support - 257.4 , 254,3, 234.9
Grade 2 Support - NA
Grade 3 Support - 250.2, 243.75
Grade 4 Support - 252.9
Grade 1 Resistance - NA
Grade 2 Resistance - 265.4, 271.5
Grade 3 Resistance - 262.8
Grade 4 Resistance - 258.7
So, what to do ?
As of now,
Go long,
CMP : 258.6
Keeping Grade 1 Supports as SL , ( 257.4 , 254.3 )
and Grade 2 Resistance as Targets . ( 265.4 , 271.5 )
Why so ?
we are going long;
we have strong supports at 1 Rupee and 4 Rupees, below us.
we are targeting weaker resistance which is 7 Rupees and 13 Rupees, above us.
Rest, I'll be updating what to do as action unfolds.
You can follow me or star this idea to receive updates.
( I'll try to update real-time)
Thanks.
fellow traders,
here I have marked important price points which I suggest you mark and watch the stock.
I will list them down on 4 Grades, Grade 1 being the strongest and Grade 4 being the weakest.
Grade 1 Support - 257.4 , 254,3, 234.9
Grade 2 Support - NA
Grade 3 Support - 250.2, 243.75
Grade 4 Support - 252.9
Grade 1 Resistance - NA
Grade 2 Resistance - 265.4, 271.5
Grade 3 Resistance - 262.8
Grade 4 Resistance - 258.7
So, what to do ?
As of now,
Go long,
CMP : 258.6
Keeping Grade 1 Supports as SL , ( 257.4 , 254.3 )
and Grade 2 Resistance as Targets . ( 265.4 , 271.5 )
Why so ?
we are going long;
we have strong supports at 1 Rupee and 4 Rupees, below us.
we are targeting weaker resistance which is 7 Rupees and 13 Rupees, above us.
Rest, I'll be updating what to do as action unfolds.
You can follow me or star this idea to receive updates.
( I'll try to update real-time)
Thanks.
Trade aktif
CMP - 262.8 Grade 3 Resistance Reached.
Trade aktif
CMP - 264 . Next Target - Grade 2 Resistance : Book majority of profits if it reaches 265.4 .Trading ditutup: target tercapai
CMP - 266.1 . Grade 2 Resistance of 265.4 Target done for intraday. Positional can be held for target 271.5 Cheers !!
Trade aktif
Very close to positional target. CMP - 270.8 . Be ready to book profits .Trading ditutup: target tercapai
271.5 Reached, positional trade successful ! Cheers :D
Catatan
Clear resistance on the blue line. You can use these lines to trade whenever you want, always comes in handy.Catatan
Don't think of holding for long term investment. You'll surely get another cheaper entry within 6 months after exiting now. ( for investors, not traders) .Should definitely book part profits, I'd say 60% at least. Thanks.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.