Live Intraday Trading - Rejection !!!How to identify rejection at particular levels ??
Look at my trade , where I have identified multiple levels of rejection which gave me a decent profit .
Though nifty is rising higher it doesn't look's like it was going to sustain(Nifty was also trading near it's resistance level) . That was the another reason for shorting .
I covered my partials near the support area or my target area . Though it did not touched my target but it was very close where I covered my partials and got out when it hit my stop loss .
Tip of the day : If you want to be a successful trader , you need to be very watchful .
Thank you !!!
Sturdy_Intraday_Trading
TCS trade ideas
TCS - Big potential stock for upside move TCS-- broken an important resistance and has given along term breakout .. rsi also above level 60 and already tested this level. so i think in coming days it twill move up sharply ..
if u don't want to enter now then let is come back to same level for retest in coming days .. but those are aggressive traders .. can enter for a quick gain ..ensure to enter to see the latest development this stock sand market during weekends .
but one this is sure add it in your watch-list..
R-0210 TCS about to break R2 2374 next resistance 2490 GO LONGShort Term Cash Buy TCS @2360.00-2367.7 SL 2313.7 TGT 2449(Short term trend remains positive)
Last time we did 2285->2360 and booked good profit, it is continuation of short term trend.
Above VWAP and about to break R2 2378-2383 once it breaks it convincingly can see upside in the range 2450-2490.
MACD cross over + TK cross over + folloed by ichomoku cloud break out