Intraday / Investment Pick

27. Juni 2020

Stock tested 200DEMA & moving up.
If stock sustained above long term resistance zone then this can be good short-Medium term pick

Stock's high vol accumulation and lower time frame bounce gives a good trading opportunity.
Use 30min time frame for trading this stock.
Levels mention on charts for short term bounce play.
As of now Risk Reward ratio 1:2/2.5
Do not chase the stock for intraday if Risk Reward is not favorable.


Long term support and Resistance clearly mentioned on charts.

Closing above LTR will trigger sharper up move till 152 levels.
Keep on close watch.

7. Juli 2020

Anmerkung

Stop loss hit today.
I'm not triggering the stop loss today.
I'm looking/ waiting for Closing below support level.
Today's move backed by solid volumes but that too did not push stock down below support zone.
Inverted Hammer.
Either this is the shakeout candle or we close below support zone tomorrow .

9. Juli 2020

Anmerkung

let's see what happens here..
tomorrow's closing might confirm about further moves
As I said keep stop loss on closing basis,otherwise stops will get hit more often

16. Juli 2020

Anmerkung

testing my patience.
Hope for Best.

21. Juli 2020

Anmerkung

started moving.
Hold now.

24. Juli 2020

Trade geschlossen: Ziel wurde erreicht

YeY..!

28. Juli 2020

Anmerkung

Reaching close to my Long Term target . Enjoy profits

3. Aug. 2020

Trade geschlossen: Ziel wurde erreicht

All target hit .