Trading Strategies Using Technical Analysis

[twist]

If you have entered the trade, then keep a SL of 204 and be long.

Stock is not extremely strong, but it is neither weak.

Tc

thanks for replying. nah havnt entered the trade i think i will enter tomorrow

 

[calmeshenoy]

thank u very much raounak bro, ur favourite stocks for next 15days sir both buy n sell

 

[SwingKing]

Traders who are willing to take significant risk can go long in GSPL @ 113.8

Lot size for this stock is 4000. Hence, a move of 5% in the opposite direction can yield a loss of Rs 20,000. If I am right, I am expecting some good movement in this stock. On the contrary, if I am wrong, I would get out of the stock if (when) it close below 110.

Those who don't deal in Futures, can go long in this stock (equities segment) by keeping the same stop loss.

Risk reward wise, the trade is pretty good.

Tc

 

[Apurv7164]

Good Morning! Raunakji

Need opinion on Bajaj Auto for swing trade 100 rs or so gain. CMP 1455, SL 1430. Kindly advise...

Bests,
Apurv

 

[SwingKing]

Good Morning! Raunakji

Need opinion on Bajaj Auto for swing trade 100 rs or so gain. CMP 1455, SL 1430. Kindly advise...

Bests,
Apurv

Keep a SL of 1420 and be long.

SL level's change everyday.

Tc

 

[Apurv7164]

Need opinion on Adani Power and Abbot India also.... My ADX method suggests these can give nice 10-15% upside in near term. I am not able to conclude concrete SL level at this moment....

 

[SwingKing]

Need opinion on Adani Power and Abbot India also.... My ADX method suggests these can give nice 10-15% upside in near term. I am not able to conclude concrete SL level at this moment....

I Would enter neither of them as of today.

Would enter Adani power if it closes above 140 and Abbot India if it closes above 1141. These levels are valid only for today.

Tc

 

[calmeshenoy]

raounak sir for renuka,n jp lvl for today

 

[SwingKing]

raounak sir for renuka,n jp lvl for today

It's Raunak dear.

Renuka has run up quite a bit. There's no level here. It has to consolidate before some level shows up. JP Ass is not yet bullish. Its underlying support is near 118.

Tc

 

[PGDIMES]

Hi Raunak,

Is HUL a short candidate for the next few days? Candlesticks pattern is telling me so...