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Indianstocks

MOIL Short Term Reversal TradeThe stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA . Risk Reward Ratio - 1:1 SL is placed below multiple major support zones and target is place near swing and channel high. Imp: Earnings will be disclosed during the trade duration. If not good or the trendline and 200 ema are broken after results, it may be a better option to exit. Note: As the market is under selling pressure, enter only after confirming a reversal.
NSE:MOILLong
by tradewidmufeeth
NMDC Short Term Breakout TradeThe stock has broken out and took support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby. The stock has previously broken out with good volumes and retested the upper trendline, the point of entry. Risk Reward Ratio - 1.5:1 SL is placed below multiple major support zones and previously upper & lower Trendlines. Target is placed near the all-time high based on fundamentals. Note: Earnings will be disclosed during the trade duration. If results are not up to expectations or the trendline and 200 EMA are broken after results, it may be a better option to exit.
NSE:NMDCLong
by tradewidmufeeth