Moving Averages + MACD Crossover - DEVYANI ๐ Script: DEVYANI
๐ Sector: Quick Service Restaurant
๐ Industry: Hotels
Key highlights: ๐กโก
๐ Script is trading at upper band of BB and giving Breakout of it.
๐ MACD is giving crossover .
๐ Double Moving Averages are giving crossover.
๐ Right now RSI is around 70.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 170
๐ข Target ๐ฏ๐ - 191
โ ๏ธ Stoploss โ ๏ธ๐ซ - 160
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Movingaveragecrossover
Crossover - IGL๐ Script: IGL
๐ Sector: Gas Distribution
๐ Industry: Miscellaneous
Key highlights: ๐กโก
๐ Script is trading at upper band of BB.
๐ MACD is giving crossover .
๐ Double Moving Averages giving Crossover.
๐ Right now RSI is around 63.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 472
๐ข Target ๐ฏ๐ - 508
โ ๏ธ Stoploss โ ๏ธ๐ซ - 458
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Crossover Trade - SOBHA๐ Script: SOBHA
๐ Sector: Realty
๐ Industry: Construction
Key highlights: ๐กโก
๐ Script is trading at upper band of BB.
๐ MACD is giving crossover .
๐ Double Moving Averages are giving crossover.
๐ Right now RSI is around 63.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 1946
๐ข Target ๐ฏ๐ - 2113
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1860
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
NIFTY DAILY - 23/5/2024Nifty opens with positive note and bulls were aggressive from starting of the day, nifty made All Time High Record which is 22993 level with almost 369 points up which is around +1.64%.
Nifty has formed a big body bullish candle with small lower and upper shadow.
Candle is trading at upper Band of Bollinger Band and giving breakout of it.
Double Moving Averages are giving Crossover on Daily Chart.
Nifty has crossed the resistance level which was 22610 so further resistance can be 23059 level with support of 22716 level.
Bank Nifty levels
Support โ 48677
Resistance โ 48832
Todayโs Advance Decline ratio of NIFTY50
Advance - 44
Decline - 6
FII Buy + 4670.95 crores
DII Buy + 146.51 crores.
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Double Bottom Breakout - Keep An Eye - SCI๐ Script: SCI
๐ Sector: Shipping
๐ Industry: Shipping
Key highlights: ๐กโก
๐ Script is going to give breakout of Double Bottom on daily chart keep an eye on stock, breakout is above 235.
๐ Script is trading at upper band of BB.
๐ MACD is giving crossover .
๐ Already Crossover in Double Moving Averages.
๐ Right now RSI is around 61.
๐ One can go for Swing Trade.
BUY ONLY ABOVE 235
โฑ๏ธ C.M.P ๐๐ฐ- 232
๐ข Target ๐ฏ๐ - 254
โ ๏ธ Stoploss โ ๏ธ๐ซ - 223
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Double Moving Averages Crossover Swing Trade๐ Script: RAILTEL
๐ Sector: Telecomm-Service
๐ Industry: Telecommunications - Service Provider
โฑ๏ธ C.M.P ๐๐ฐ- 433
๐ข Target ๐ฏ๐ - 475
โ ๏ธ Stoploss โ ๏ธ๐ซ - 415
๐ Script: TATASTEEL
๐ Sector: Steel
๐ Industry: Steel - Large
โฑ๏ธ C.M.P ๐๐ฐ- 174
๐ข Target ๐ฏ๐ - 183
โ ๏ธ Stoploss โ ๏ธ๐ซ - 170
๐ Script: SUZLON
๐ Sector: Capital Goods - Electrical Equipment
๐ Industry: Electric Equipment
โฑ๏ธ C.M.P ๐๐ฐ- 44
๐ข Target ๐ฏ๐ - 48
โ ๏ธ Stoploss โ ๏ธ๐ซ - 42
๐ Script: ADANIPORTS
๐ Sector: Marine Port & Services
๐ Industry: Miscellaneous
โฑ๏ธ C.M.P ๐๐ฐ- 1385
๐ข Target ๐ฏ๐ - 1454
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1361
๐ Script: MTARTECH
๐ Sector: Aerospace & Defense
๐ Industry: Engineering
โฑ๏ธ C.M.P ๐๐ฐ- 2110
๐ข Target ๐ฏ๐ - 2231
โ ๏ธ Stoploss โ ๏ธ๐ซ - 2046
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
How Traders Can Thrive in Evolving Marketsโย Adapting to the New Norm: How Traders Can Thrive in Evolving Markets
The world of trading is perpetually dynamic, with strategies that once dominated the market becoming less effective asย bothย investors and technology evolve. A recent comprehensive study titledย "How exactly do markets adapt? Evidence from the moving average rule in three developed markets"ย offers a profound look into how moving average (MA) strategies, once quite successful, have seen diminished efficacy in markets such as the DJIA, FT30, and TOPIX. This shift not only underscores theย markets'ย adaptive nature but also serves as a clarion call for traders around the globe to rethink their strategies.ย Hereโsย how traders can adapt and thrive in this new trading landscape.
โย The Shifting Sands of Market Predictability
Historically, moving averages provided traders with reliable signals that helped predict market movements effectively. However, the study reveals that these strategies have lost someย of their predictive powersย over time. This declineย is attributedย to theย market'sย anticipatory actionsโtradersย are reactingย to signals even before theyย are officially generated.ย Thisย highlights a critical need for traders to stay ahead by beingย moreย proactive rather than reactive in their strategies.
โย Embracing the Adaptive Market Hypothesis (AMH)
The Adaptive Market Hypothesis suggests that market efficiency is not a fixed state but ratherย a condition that evolves.ย This hypothesis aligns well with the observed trends in MA strategy effectiveness. Traders who adapt to theย market'sย current rhythm and flow, understanding that what worked yesterday might not work tomorrow, are more likely to succeed.ย Thisย calls for an agile approach to trading, where strategies are regularly reviewed and revised in response to shifting market dynamics.
โย Leveraging Anticipation for Profitability
One intriguing aspect of the study is the potential profitability of trading based on anticipated signals.ย Traders who can effectively forecast and act on these signalsย mightย find lucrative opportunities, even in a market where traditional indicatorsย are faltering.ย This forward-looking approach requires robust analytical tools and a keen intuition for market sentiment, urging traders to develop a nuanced understanding of market triggers and trends.
โย Strategies for the Modern Trader
To navigate this evolved market landscape, traders should consider several strategic shifts:
โช Continuous Learning: Stay abreast of market trends and shifts in trading paradigms. Traders should continually update their understanding of market behaviors and adapt their strategies accordingly.ย Relying on outdated models or historical dataย without consideringย market evolution may lead to suboptimal trading decisions.
โช Diversification of Techniques: Blend traditional methods like technical analysis with modern approaches such as machine learning and data analytics to create a well-rounded strategy.
โช Dynamic Adaptation: Be prepared to pivot strategies quickly in response to new information or shifts in market conditions.ย Thisย might involve faster response times to emerging trends orย the adoption ofย automated trading systems that can execute trades based on predetermined criteria.
โช Monitoring Market Conditions: Traders should be vigilant about changes in market conditions that could alter the effectiveness of established trading rules.ย Thisย includesย keeping an eye onย broader economic indicators, market sentiment, and technological advancements in trading.
โช Risk Management: With increased market unpredictability, robust risk management strategies become even more critical. Diversifying investments and employing stop-loss orders can help mitigate potential losses.
โย Conclusion
The evolution of market efficiency suggests a future where adaptability and foresight are more valuable than ever. For traders, the key to success lies in understanding and anticipating marketย changes,ย rather than relying solely on historical data. As we move forward, the ability to adapt will define the new era of trading success.
In this ever-changing market landscape, staying informed, adaptable, and proactive areย not just advantages butย necessities for the modern trader.
-----------------
Disclaimer
This is an educational study for entertainment purposes only.
The information in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell securities. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Keep An Eye - Breakout Soon - OIL๐ Script: OIL
๐ Sector: Crude Oil & Natural Gas
๐ Industry: Oil Drilling / Allied Services
Key highlights: ๐กโก
๐ Script is trading near at its resistance level which is 645.
๐ Script should give closing above 645 level so that we can see good rally.
๐ Script is trading at upper band of BB.
๐ MACD and Double Moving Averages are giving crossover.
๐ Right now RSI is around 59.
๐ One can go for Swing Trade only above 645.
BUY ONLY ABOVE 645.
โฑ๏ธ C.M.P ๐๐ฐ- 636
๐ข Target ๐ฏ๐ - 691
โ ๏ธ Stoploss โ ๏ธ๐ซ - 625
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Double Moving Averages Crossover Swing Trade๐ Script: OBEROIRLTY
๐ Sector: Realty
๐ Industry: Construction
โฑ๏ธ C.M.P ๐๐ฐ- 1497
๐ข Target ๐ฏ๐ - 1586
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1453
๐ Script: JUBLFOOD
๐ Sector: Quick Service Restaurant
๐ Industry: Hotels
โฑ๏ธ C.M.P ๐๐ฐ- 472
๐ข Target ๐ฏ๐ - 507
โ ๏ธ Stoploss โ ๏ธ๐ซ - 458
๐ Script: FIVESTAR
๐ Sector: Finance
๐ Industry: Finance & Investments
โฑ๏ธ C.M.P ๐๐ฐ- 781
๐ข Target ๐ฏ๐ - 838
โ ๏ธ Stoploss โ ๏ธ๐ซ - 760
๐ Script: KPITTECH
๐ Sector: IT - Software
๐ Industry: Computers - Software - Medium / Small
โฑ๏ธ C.M.P ๐๐ฐ- 1517
๐ข Target ๐ฏ๐ - 1625
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1468
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Double Moving Averages Crossover Swing Trade๐ Script: OBEROIRLTY
๐ Sector: Realty
๐ Industry: Construction
โฑ๏ธ C.M.P ๐๐ฐ- 1497
๐ข Target ๐ฏ๐ - 1586
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1453
๐ Script: JUBLFOOD
๐ Sector: Quick Service Restaurant
๐ Industry: Hotels
โฑ๏ธ C.M.P ๐๐ฐ- 472
๐ข Target ๐ฏ๐ - 507
โ ๏ธ Stoploss โ ๏ธ๐ซ - 458
๐ Script: FIVESTAR
๐ Sector: Finance
๐ Industry: Finance & Investments
โฑ๏ธ C.M.P ๐๐ฐ- 781
๐ข Target ๐ฏ๐ - 838
โ ๏ธ Stoploss โ ๏ธ๐ซ - 760
๐ Script: KPITTECH
๐ Sector: IT - Software
๐ Industry: Computers - Software - Medium / Small
โฑ๏ธ C.M.P ๐๐ฐ- 1517
๐ข Target ๐ฏ๐ - 1625
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1468
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Crossover - TRITURBINE๐ Script: TRITURBINE
๐ Sector: Capital Goods - Electrical Equipment
๐ Industry: Electric Equipment
Key highlights: ๐กโก
๐ Script is trading at upper band of BB and giving breakout of it.
๐ MACD is giving crossover .
๐ Double Moving Averages also giving Crossover.
๐ Right now RSI is around 71.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 537
๐ข Target ๐ฏ๐ - 591
โ ๏ธ Stoploss โ ๏ธ๐ซ - 507
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
NIFTY DAILY - 2/5/2024Nifty opens on lower note but afterwards nifty made high of the day which is 22710 level.
Index was choppy throughout the trading session.
Nifty has formed shaven bottom candle on daily chart which indicates participants were buying from dayโs low.
Double Moving Averages are giving crossover.
Nifty is able hold 22600 level so, further resistance will be 22700 level with support of 22425.
Todayโs Advance Decline ratio of NIFTY50
Advance - 29
Decline - 21
FII Sell โ 964.47 crores
DII Buy + 1352.44 crores.
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Triple Top Breakout - RECLTD ๐ Script: REC
๐ Sector: Finance
๐ Industry: Finance - Term-Lending Institutions
Key highlights: ๐กโก
๐ Script is giving breakout of Triple Top pattern of daily chart with volume.
๐ Today was the result date and numbers are pretty good.
๐ Trading at upper band of Bollinger band and giving breakout of it.
๐ MACD and Double Moving Averages are giving Crossover.
๐ RSI is around 70.
๐ Initially we may see some profit booking because stock was up almost 10%.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 507
๐ข Target ๐ฏ๐ - 551
โ ๏ธ Stoploss โ ๏ธ๐ซ - 488
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
MACD Crossover - INDIGO๐ Script: INDIGO
๐ Sector: Air Transport Service
๐ Industry: Transport - Airlines
Key highlights: ๐กโก
๐ Script is trading near upper band of BB.
๐ MACD is giving crossover .
๐ Already Crossover in Double Moving Averages.
๐ Right now RSI is around 62.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 3179
๐ข Target ๐ฏ๐ - 3385
โ ๏ธ Stoploss โ ๏ธ๐ซ - 3072
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Triple Bottom Breakout - Keep An Eye - BANKINDIA๐ Script: BANKINDIA
๐ Sector: Banks
๐ Industry: Banks - Public Sector
Key highlights: ๐กโก
๐ Script is giving breakout of Triple Bottom on daily chart.
๐ Stock was facing resistance at 149 level, today it has given breakout and closed at 150, keep an eye on stock it may give good rally.
๐ Script is trading at upper band of BB.
๐ MACD is giving crossover .
๐ Already Crossover in Double Moving Averages.
๐ Right now RSI is around 63.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 150
๐ข Target ๐ฏ๐ - 161
โ ๏ธ Stoploss โ ๏ธ๐ซ - 144
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Symmetrical Triangle Breakout - NETWEB๐ Script: NETWEB
๐ Sector: IT - Software
๐ Industry: Computers - Software - Medium / Small
Key highlights: ๐กโก
๐ Script is giving Symmetrical Triangle Breakout on 18th April but there was no rally todays candle is giving breakout of that little consolidation so we may see some good rally.
๐ Script is trading at upper band of BB.
๐ MACD & Double Moving Averages are giving crossover .
๐ Right now RSI is around 61.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 1730
๐ข Target ๐ฏ๐ - 1890
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1664
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Volume Breakout - Crossover Trade - MRPL๐ Script: MRPL
๐ Sector: Refineries
๐ Industry: Refineries
Key highlights: ๐กโก
๐ Script is trading at upper band of BB and giving breakout of it.
๐ MACD is giving crossover.
๐ Double Moving Averages are giving crossover.
๐ Stock is moving along with volume which indicates Volume Breakout.
๐ Script may give some profit booking initially because today stock was up by almost 11%.
๐ Right now RSI is around 65.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 248
๐ข Target ๐ฏ๐ - 280
โ ๏ธ Stoploss โ ๏ธ๐ซ - 236
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Crossover Trade - TEXRAIL๐ Script: TEXRAIL
๐ Sector: Capital Goods-Non Electrical Equipment
๐ Industry: Engineering
Key highlights: ๐กโก
๐ Script is trading at upper band of BB.
๐ MACD is giving crossover .
๐ Double Moving Averages are giving crossover.
๐ Right now RSI is around 57.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 178
๐ข Target ๐ฏ๐ - 197
โ ๏ธ Stoploss โ ๏ธ๐ซ - 170
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Double Bottom Breakout - VAIBHAVGBL๐ Script: VAIBHAVGBL
๐ Sector: Diamond, Gems and Jewellery
๐ Industry: Diamond Cutting / Jewellery
Key highlights: ๐กโก
๐ Script is trading at upper band of BB and giving breakout of it .
๐ Script is giving Double Bottom Breakout we may see some good rally.
๐ Already crossover in MACD.
๐ Double Moving Averages are giving crossover.
๐ Script may give some profit booking initially because today stock was up by almost 7.50%.
๐ Right now RSI is around 58.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 407
๐ข Target ๐ฏ๐ - 447
โ ๏ธ Stoploss โ ๏ธ๐ซ - 389
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Double Moving Averages Crossover Swing Trade๐ Script: BHARTIARTL
๐ Sector: Telecomm-Service
๐ Industry: Steel - Telecommunications - Service Provider
โฑ๏ธ C.M.P ๐๐ฐ- 1289
๐ข Target ๐ฏ๐ - 1368
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1253
๐ Script: PATANJALI
๐ Sector: Edible Oil
๐ Industry: Solvent Extraction
โฑ๏ธ C.M.P ๐๐ฐ- 1402
๐ข Target ๐ฏ๐ - 1490
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1352
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Crossover Trade - SOLARA๐ Script: SOLARA
๐ Sector: Pharmaceuticals
๐ Industry: Pharmaceuticals - Indian - Bulk Drugs
Key highlights: ๐กโก
๐ Script is trading at upper band of BB and giving breakout of it.
๐ Already Crossover in Double Moving Averages and MACD.
๐ Right now RSI is around 61.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 440
๐ข Target ๐ฏ๐ - 474
โ ๏ธ Stoploss โ ๏ธ๐ซ - 425
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ
Positional Trade - ITI๐ Script: ITI
๐ Sector: Telecomm Equipment & Infra Services
๐ Industry: Telecommunications - Equipment
Key highlights: ๐กโก
๐ Script is trading at upper band of BB.
๐ MACD is giving crossover.
๐ Double Moving Averages are giving crossover.
๐ Stock is Moving along with Volume so there is volume breakout also, we may see some profit booking because today stock was up by almost 12%.
๐ Right now RSI is around 55.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 279
๐ข Target ๐ฏ๐ - 324
โ ๏ธ Stoploss โ ๏ธ๐ซ - 256
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ






















