Bullish

7 במרץ 2021

#HindUnilever took support at multiyear trendline and bounced on weekly scale and closed near high of previous week. RSIStairs took support near the 44 mark for 8th time. 35 RMA is again defended by bulls it seems.

Though the last weekly candle was not a complete BullishEngulphing candle, the spread was wider with decent volume. If trades and sustains above 50 WEMA i.e. 2181 then it can revisit 2277/2329 levels.

Note: In current market situation, any long position must be hedged.

7 במרץ 2021

הערה

Disclaimer: All these stock ideas or trade updates shared here are for educational purpose only and completely non-advisory in nature. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE / BSE / MCX market basis this ideas. Objective of posts is to educate and help members learn technical analysis and hedging techniques from my personal trade picks to reduce the risk per trade and save yourself from bigger losses.

All these trade picks are selected using technical analysis and price action (VSA MomentumInvest Trading Setup) and for my own trading purpose only. Technical indicators are lagging and may generate false buy/sell signals. Market is supreme and my views may go horribly wrong. Please don't consider these trade ideas as trading recommendations. You may consider it for learning or at max use it for paper trading. Strictly avoid it for trading using real money. I am not responsible for any kind of profit and losses arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades (or trade at your own risk).

7 במרץ 2021

הערה

In 75M charts, it has given buy signal with SL of 2129 which can be trailed once stock starts moving in the trade direction. Would like to create a bullish spread as below.

7 במרץ 2021

הערה

Planning to execute below bullish spread to trade this view. Its not a RECO. Contact your financial advisor before initiating any trade.

+1x 25MAR2021 FUTURES : ₹ 2207.9
+1x 25MAR2021 2240PE : ₹ 70.15
-1x 25MAR2021 2300CE : ₹ 21.15
-1x 25MAR2021 2360CE : ₹ 11.75
-1x 25MAR2021 2020PE : ₹ 4.95

Prob. of Profit : 32.77%
Maximum Profit: ₹ +17,940(14.66%)
Maximum Loss: ₹ Undefined
Breakevens : 2241.0-2419.0

11 במרץ 2021

הערה

#RoundingBottom breakout confirmed in 75N charts, above neckline of 2208. Short term view bullish. Copy book target of the pattern is 2293.

2 באפר׳ 2021

הערה

Strategy exited with max gain. Stock made high of 2457. Nearly 258 points.