aarki_gg

MCX - relative outperformance

Panjang
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NSE:MCX   MULTI COMMODITY EX
- as the index made a new on 25th Aug, MCX made a higher low, mostly just consolidated on lower volumes

- volume patterns in recent times are extremely bullish, wide range candles on upside, with massive volumes

- volumes on the recent pullback are very low, indicating no institutions are exiting

- low risk entry around 1620, with at 1575, about 2.75%

- chances are high for this trade to not work in current market environment, but risk reward can be really good if this trade works
Dagangan aktif
Dagangan aktif:
excellent follow through, massive volumes coming in, trail moved to cost
Komen:
with mid and small cap indices being over extended and seeing good correction, money is moving towards the safety of large caps. i will cut strictly if price comes back near to buy price. for those who want a safer approach, can book half now and remaining half at cost
Dagangan aktif:
one of the strongest stock in a weak general market. trail now moved to 1700
Dagangan aktif:
for the traders who book out on strength, now is a good time to book out half, 30% move, RR of more than 10:1. for traders willing to give back some portion of gains in order to play for a bigger move, keep trailing. i personally am booking out 35% of my size
Dagangan ditutup secara manual:
completely out now

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.