Buying Side Opportunity is found in this stock on Monthly Candle. Stock is consolidating for more than 3 months and now approaching for upside breakout. A classic Consolidation and Breakout Pattern. Confidence Level - 90% Entry range -> 540 to 570 Stop loss Range (Short-term - 530 & Long-term 500-460) Note : Stop loss is based on your personal...
Conditions Meeting: 1) Strong Stock 2) 50% Retracement from All time high. 3) Panic Buying after huge gap down opening. 4) Currently Pharma and Medical Sectors are booming. Entry price range = 700 to 720 Stoploss Planning = Max Stoploss at 687 Profit Planning 1) Target 1 = Book 50% Qty at 1000 Price Level 2) Target 2 = Book 25% Qty at 1250 Price Level 3) Target...
I have took trade in Orient Electric (ORIENTELEC) Entry - 271 SL - 259 Target - 390 and 490 Current probability - 50% Pros: 1. Fundamentally good stock 2. RR = 1:9 and 1:18 Cons: 1. Market is already in over bought zone Note : Invest with half quantity to reduce the loss size.
Previously SANOFI was consolidating in weekly chart. Now there is a breakout on upper side. There is 1:14 Risk Reward Long Term Trade Opportunity. Pros: 1. Very High RR Ratio 1:14 2. Expected Waiting Period is around 8-16 Months 3. Target it 50% + 4. Very High Probability as its fundamentally good stock Cons: 1. Gave bad results in recent Quarterly Results We...
Once the Support Region breaks. We have a shorting opportunity. Its a short term positional trade opportunity. Cons: 1. RR < 1:5 2. High Risk to short bullish Stock 3. Probability = 60%