As the market has been super volatile, stayed away from trading. Anyways, Let's take a quick trade whenever opportunity presents itself.
Auto sector has the momentum.
Trade Setup:
Daily: formed double bottom, and chart structure changed from LH - LL to HL, with HH yet to be confirmed. Crossed 50 EMA & trend line, supported by strong volume during the up move.
Also, the stock took support multiple times at 13K INR (strong support).
Additionally, RS>0, outperforming Nifty50.
Entry = CMP (14600 INR) or add on dips until 13800 INR)
SL = 13000 INR
Target = 15000 INR (T1) and 16100 INR (T2).
10% gain in this trade at minimum.
Auto sector has the momentum.
Trade Setup:
Daily: formed double bottom, and chart structure changed from LH - LL to HL, with HH yet to be confirmed. Crossed 50 EMA & trend line, supported by strong volume during the up move.
Also, the stock took support multiple times at 13K INR (strong support).
Additionally, RS>0, outperforming Nifty50.
Entry = CMP (14600 INR) or add on dips until 13800 INR)
SL = 13000 INR
Target = 15000 INR (T1) and 16100 INR (T2).
10% gain in this trade at minimum.
Dagangan ditutup: sasaran tercapai
super trade.target 1 and 2 reached. trade closed.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.