RELIANCE - #intraday Chart Analysis || 16th May,2023 #stocks

16 במאי 2023

Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 16th 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

#sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala #bhfyp #mumbai #share #wealth #investment #market #invest #trading #investing #finance #FinancialFreedom #investor #trader #stocks #profit #investors #economy #equity #shares #nifty #stockexchange

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

______________________

best stocks to buy today
best stocks to buy now
best stocks to buy
best stocks for Intraday tomorrow
best stocks for long term investment
best stocks to buy today india
best stocks for swing trading
swing trading strategies
swing trading beginners
what is swing trading
swing trading stocks
swing trading stock selection
swing trading kya hai
nifty analysis
nifty view
bank nifty analysis
top stocks to buy now
strong stocks
nifty view
nifty prediction
stock market view tomorrow
bank nifty Levels
bank nifty prediction
share news
stock market news
best stocks to buy now
profit booking stocks
multibagger stocks in discount
breakout stocks
best short term stocks
best short term shares
next multibagger stocks

16 במאי 2023

העסקה בוטלה באופן ידני

Traded for Intraday Today (16th May, 2023)

RELIANCE (5min TF)
- Intraday Entry Given on 16th May (Monday)

Entered Short at 11:15am
✓ Achieved 0.6%
✓ R:R = 1 : 4

✓ The candles broke the bottom trendline in the first 15 minutes itself. Hence, we knew we needed to go short
✓ Waited for the retest of the bottom trendline and it also went into a consolidation box
✓ On the breakdown on the box, that where we place our entry with a small SL
✓ Target was 1:4 and exited at 11:35am

#stocks #intraday #targetshit #priceaction #followthetrend