My charts (and yours too........)

MurAtt

Well-Known Member
Yes BUT just to be conservative .. I'd wait for today's high to be taken out before entering and then taking today's OPEN as the SL or to be a bit aggressive y'days OPEN as the SL we can hold it.

Also note that there is pos div on the RSI i.e. no low on the indicator BUT price has moved down and add to that oversold on stoch AND Bottom BB pierce with red green.

Good identification Preethi
 

preethi21

Well-Known Member
Yes BUT just to be conservative .. I'd wait for today's high to be taken out before entering and then taking today's OPEN as the SL or to be a bit aggressive y'days OPEN as the SL we can hold it.

Also note that there is pos div on the RSI i.e. no low on the indicator BUT price has moved down and add to that oversold on stoch AND Bottom BB pierce with red green.

Good identification Preethi
Stocks murtaza,,,
today i have already taken long on KFA 500 shares @ 55.15,,,(3.20 pm)

risk is near 1000+ rs ,,,
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BAJAJ HIND ALSO LOOKS SUPPERB BUY NEAR 97 SL 92 TARGET 130 RISK:REWARD 6+
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preethi21

Well-Known Member
Global markets are showing weakness again,,,
Europe / asia all in red,,,

Europe / dow were turning in bearish rally,,,

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Better exit all longs today it self,,,
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Jindalstl looking pretty.

The good-to-go signal would be how it opens 2morro morning. There should be bullish momentum on this one on open. Else a -ve body test of the resistence (support) and entry the day after. SL would be the resistence (support), failure would be yummy to the downside, either ways this one should move.

 
Paper trading :
1 lot long on reliance when mkets open, SL 950.

[not some pattern i understand very well, its **not** based on antyhing ive studied too extensively, so best to go paper trading, best to keep record]

My (paper) target = :confused:

Also i think Rel results are due.. that would direct.
 
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