Get started

Positional

Sequent Scientific Consolidating and forming Triangle pattern.Sequent scientific after a good rally. Consolidated and formed a triangle pattern that is getting ready to breakout. Markets are volatile and any side breakouts are possible but still, chances are sequent scientific will be bullish. Once a given both Intraday and Positional player can take an entry For bullish breakout Target 1 : 284 with SL placed 1 point below the trendline (Can be Achieved in Intraday) Target 2 : 304 (positional Target) if taken position before trail SL accordingly otherwise it depends where you are taking entry. For bearish Breakout There is only one Target not much is looking for. Target 1 : 253 with SL placed 1 above triangle trendline.
NSE:SEQUENT
by Architjain06
2
[Positional] Bharat Forge Long & Short BetBuy if breaks above : based on bullish Flag theory Sell if breaks below : Based on mean reversion theory Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , Trade Setup based on option Decay ! ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. =======
NSE:BHARATFORG
by ShivamMendhare
DRREDDY - Another Gem on my RadarI have also talked about this stock in my previous post, and since then this stock has been trading in a small range near its all-time highs. The reason I am interested in this stock is that every time it came to the lower end of the range, it bounces decisively, though whenever it reaches its upper range, it falls with low momentum and usually forms indecisive candles. Even today it bounced well and it might open gap up tomorrow, and if it opens above the range, it might move fast towards its all-time high i.e. 5512 and beyond.
NSE:DRREDDYLong
by manuagarwal21
3