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Buy Moving average intraday stocks tomorrow 12/11/2024Stock recommendation:-
Buy Moving average intraday stocks for tomorrow
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Trent intraday overview not created as discussedIn my yesterdays post I shared my bullish overview in TRENT because it was performing well as compared to Nifty 50.
Yesterday one condition was if price test yesterday high and hold at resistance level then upmove will be expected in TRENT.
But today price tested yesterday high but not holded at resistance level and created a good retracement.
Till 10am to 10:30am price was at yesterday high and created a retracement of 3 red candles with very low volume, So from here i was looking to enter in the trade but ther candle of 11:15 was not shown any strength and was indecisive (i was expecting healthy green candle with volume).
next candle breaked its low with volume confirmed me that today price is not going to test resistance today, so i decided not to trade in TRENT.
TECHMwe are looking TECHM Bullish move rapidly
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Persiste Price PredictionBest Confluence Setup For Trading
Perfect Setup For Intraday & BTST
It just took a bounce from 50% fib level in daily time frame, In 15m it formed a W pattern and broke out of it.
We have a resistance at 4120.50 if we get a 5m candle closing above this we can take a long trade in the first half.
There is 200 EMA & Pivot as well around 4120.50 so watch out this level,
As per the OI we have 4100 as resistance.
Buy at or above 4121
Comment if you have any question or query.
Happy Trading !
ADANI ENTER PRISES HAS BEST INTRADAY SETUP FOR FRIDAY 23OCT 2020Adani Enter Prisis has come up with best intraday setup for friday 23 octobar 2020 look at the set up it has been in a cansolidation manner from last two days and it high time it is just ready to blast and give a great return on your investment in intraday. NSE:ADANIENT
adani enter prisis is good stock belonging to adani group having a good amount of liquidity so there will be no problem of any liquidation in the stock.
you can trade this when you get a confirmation on break out of the traingle pattern formed and keep your stop loss according to your risk management and also once confirm with your financial advisor. if you know how to trade on a break out then its good if you don't know then read more.
adani enter prisis which moving in a range if breaks its upside resistance level I mean to say then you have to wait for candle to close above that level and once it is done you can buy the stock and keep you sl below the candle which has closed above the resistance level or you can keep your sl below the support level it will be much safer.
if the stock breaks the range down side then you just have to ignore the trade because there is a basic rule that buy low and sell high and sell high and buy low. if we trade the stock when support level is broke we can not sell it because stock is already at its support level which means already at its low point so we can't sell the stock at low and expect that stock will go more down wards that will be against the trading rule.
Thats it for today guys.
Thankyou, if you are reading this till now.
trade according to the given levels.