@walterscholls because the next resistance level was at 769-770. It's my rule to get out a little early, than target because there can be a heavy selling. Well that is why 767 (which by the way also fulfills the 1:2 risk reward ratio targets). So, because of the concurrence of tw...
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I am a new trader, trying to learn and share my ideas here. I am not SEBI Registered, I share ideas for educational purposes.
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The stock broke an important resistance zone with an impulse candle. It gave a resting candle which made it a perfect three bar play. Entered at the correct price with 1:2 risk reward ratio.
• Mar 17, 2022 8:16 PM
Took a trade on #MnM. The entry was at 785 with a stop-loss at 782. Targeted at 799, but exited at 797 which was a 1:4 risk to reward ratio. The rea...read more
• Mar 17, 2022 3:28 PM
Took a breakeven trade on #GODREJCP . Was taken out by trailing stop-loss. Entered at ₹ 760 with a target of ₹ 767 and stoploss at ₹ 757.5. When the...read more
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• Mar 17, 2022 2:41 PM
My watchlist today;
TVSMOTOR...read more
• Mar 17, 2022 2:34 PM
Pre-Markets are strongly bullish today. In markets like these option-buyers should be extremely cautious. A substantial gap means the markets will p...read more
• Mar 10, 2022 2:26 PM
• Mar 8, 2022 2:24 PM
US markets ended yesterday in deep red. SGX Nifty indicates a one percent gap down. KOSPI and NIKKEI 25 are down as well....read more
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• Mar 7, 2022 2:25 PM
I am really struggling with the desktop trading platform. I don't know which broker gives the best one along with discount brokerage. Web platforms ...read more
• Mar 7, 2022 2:17 PM
SGX Nifty is deep-red today and so are the Asian markets. Volatility will be at its peak. War has wiped out profits from the market. Now we can only...read more
• Mar 4, 2022 7:29 PM
As expected Indian Markets are showing signs of a bounce back from intraday lows. This was the exact behavior of US Markets. Sometimes it feels that...read more
• Mar 4, 2022 1:52 PM
Asian markets and SGX Nifty are in the red. US Markets ended in red but recovered from the day's low. Will we see the same in Indian Markets?
• Mar 3, 2022 2:20 PM
Asian markets in green today. US markets were green yesterday. SGX Nifty Futures indicate a 0.33% gap up. Will Indian markets strongly trend upwards today?
• Mar 3, 2022 3:32 AM
Macro Setup for tomorrow remains Neutral. Volatility remains, so trading with caution.
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• Mar 2, 2022 3:47 PM
A proper desktop trading terminal is very important for day trading, the advantages are many when compared to the web-based trading platform;...read more
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• Mar 2, 2022 2:04 PM
SGX Nifty indicates a huge Gap Down for Indian Markets (-1.30%). Asian and Australian Markets opened gapped down. Nikkei is down by 1.87% whereas AS...read more
• Mar 2, 2022 6:16 AM
Macro Setup for tomorrow is long, but with the crude oil prices going up, investors might want to sell stocks and buy crude ...read more
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