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Positional

[Positional] Bharat Forge Long & Short BetBuy if breaks above : based on bullish Flag theory Sell if breaks below : Based on mean reversion theory Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , Trade Setup based on option Decay ! ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. =======
NSE:BHARATFORG
by ShivamMendhare
DRREDDY - Another Gem on my RadarI have also talked about this stock in my previous post, and since then this stock has been trading in a small range near its all-time highs. The reason I am interested in this stock is that every time it came to the lower end of the range, it bounces decisively, though whenever it reaches its upper range, it falls with low momentum and usually forms indecisive candles. Even today it bounced well and it might open gap up tomorrow, and if it opens above the range, it might move fast towards its all-time high i.e. 5512 and beyond.
NSE:DRREDDYLong
by manuagarwal21
3
DLF ::: BULLISHL O N G T E R M S I P T R A D E DATE: 20 MAY 2021 INSTRUMENT: DLF TREND: BUY TIME FRAME: DAY CMP: 268.40 BUY ABOVE: 263.20 - 264.30 STOP LOSS: 250 TGT 01: 273 TGT 02: 285 TGT 03: 291 TGT 04: 292 TGT 05: 301 TGT 06: 306 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever. Leave a comment that is helpful or encouraging. Let's master the markets together.
NSE:DLFLong
by ajithchand-bhandaari
Canara Bank (Canbk) Swing/Positional Trendline breakoutHi look at the chart, got good volume and gave breakout. The stock tried to break the 120 levels many times, but finally it broke the resistance and made it support. Now see the stock, it gave trendline breakout with good volume and if tomorrow it sustains above 163 then we can expect a very good move. Always maintain your risk reward. you can place your stop loss below the support zone 148 for safe players. Thank you.
NSE:CANBKLong
by Chetan_Kumar_Anjan