Chart Patterns
Descending Triangle Breakout Relcapital Sell Below 221.60 Stop-loss 234 Target 168.50 Risk 5.57% & Reward 24% RR Ratio 1: 4.30
RelCap cmp 211
Sell Reliance Capital 190 PE at 7.25 ( Covered put strategy ) and yes Keep holding future Shorted.
Relcap stop is 12.40 rs and by selling 190 PE we are reducing our stop-loss cost by 60%. If at the end of the Dec expiry reliance capital is above 190 the we will have 7.25 as a net gain + profit or loss from shorted future position whatever it will be. Let's see.
Always pay attention to reducing your risk by letting go some profits.
If capital go straight to 168. The we will not make anything below 182.75 ( 190-7.25) In this strategy. 182.75 is Our Maximum Profit Limit Price. Anything below 183.75 in December Expiry is a opportunity loss for us.
This example is nothing but controling our greed and applying Proper Risk Management.
I Hope this helps.
Sell Reliance Capital 190 PE at 7.25 ( Covered put strategy ) and yes Keep holding future Shorted.
Relcap stop is 12.40 rs and by selling 190 PE we are reducing our stop-loss cost by 60%. If at the end of the Dec expiry reliance capital is above 190 the we will have 7.25 as a net gain + profit or loss from shorted future position whatever it will be. Let's see.
Always pay attention to reducing your risk by letting go some profits.
If capital go straight to 168. The we will not make anything below 182.75 ( 190-7.25) In this strategy. 182.75 is Our Maximum Profit Limit Price. Anything below 183.75 in December Expiry is a opportunity loss for us.
This example is nothing but controling our greed and applying Proper Risk Management.
I Hope this helps.
Chart Patterns
Descending Triangle Breakout Relcapital Sell Below 221.60 Stop-loss 234 Target 168.50 Risk 5.57% & Reward 24% RR Ratio 1: 4.30
RelCap cmp 206 &
190 PE @ 4.25
Continue Holding Both.
190 PE @ 4.25
Continue Holding Both.
Chart Patterns
Descending Triangle Breakout Relcapital Sell Below 221.60 Stop-loss 234 Target 168.50 Risk 5.57% & Reward 24% RR Ratio 1: 4.30
Trailing Stop in Reliance Capital at 225.
190 PE Shorted at 7.25 is at 1.50.
Continue holding both till expiry.
190 PE Shorted at 7.25 is at 1.50.
Continue holding both till expiry.
PNB is testing Upper Trendline in a downward channel .
Upper downsloping Trendline may act as resistance.
Short at 77.20 ( cmp )
Stop-Loss 81
Target 63.35
Risk 4.92% & Reward 17.94%
Risk Reward Ratio 1 : 3.65
Www.equityearningz.com/
Upper downsloping Trendline may act as resistance.
Short at 77.20 ( cmp )
Stop-Loss 81
Target 63.35
Risk 4.92% & Reward 17.94%
Risk Reward Ratio 1 : 3.65
Www.equityearningz.com/
Chart Patterns
Trailing Stop in Reliance Capital at 225. 190 PE Shorted at 7.25 is at 1.50. Continue holding both till expiry.
Rolloever Reliance Capital to Jan Expiry Jan Fut 215.80 & Dec Fut 214.70. Trailing Stop is 225.
as Capital is above 190, We Gained full Premium of 190 PE 7.25 is now ZERO.
Even if Capital hit our Trailing Stop loss in Jan, We won't Lose anything on this Trade.
Rollover PNB Future as well.
as Capital is above 190, We Gained full Premium of 190 PE 7.25 is now ZERO.
Even if Capital hit our Trailing Stop loss in Jan, We won't Lose anything on this Trade.
Rollover PNB Future as well.
Chart Patterns
Rolloever Reliance Capital to Jan Expiry Jan Fut 215.80 & Dec Fut 214.70. Trailing Stop is 225. as Capital is above 190, We Gained full Premium of 190 PE 7.25 is now ZERO. Even if Capital hit our Trailing Stop loss in Jan, We won't Lose anything on this…
Reliance Capital Trailing Stop Triggered.
Entry was 221.60 Stop 225 = Loss 3.40 Rs.
But we Gained 7.25 Full Premium in December expiry.
So Net Gain = 7.25-3.40 = 3.85
We never know the market and how it will move in future, But At least we can manage our trading position in such a way that minimizes our risk when the market turns against us
Entry was 221.60 Stop 225 = Loss 3.40 Rs.
But we Gained 7.25 Full Premium in December expiry.
So Net Gain = 7.25-3.40 = 3.85
We never know the market and how it will move in future, But At least we can manage our trading position in such a way that minimizes our risk when the market turns against us
Descending Triangle Breakout - Bearish Continuation Pattern
Indusindbk Short below 1471
Stop-loss 1490
Target 1406
Risk 1.29% And Reward 4.42%
RR Ratio 1: 3.42
http://www.equityearningz.com/trading-ideas/
Indusindbk Short below 1471
Stop-loss 1490
Target 1406
Risk 1.29% And Reward 4.42%
RR Ratio 1: 3.42
http://www.equityearningz.com/trading-ideas/
Descending Triangle Breakout - Bearish Continuation Pattern
TATAELXSI SHORT AT 912 with a Stop-loss of 967 for The Target at 744
Risk 6% & Reward 18.43%
Risk Reward Ratio 1: 3.05
Level to Watch out is 885 because it's a 0.618% Retracement level of a Major Swing, Low at 510.60 and High at 1326.
If Tataelxsi consolidate around this level and losing it's momentum then it's a good chance to hold this support level .
But if it's going to break the support with strong downward momentum and higher volume then we may see lower levels in a sharp fall.
As per Chart Pattern Minimum Price Target is 18.40% lower form the cmp, so need to manage Risk and trail stop-loss actively.
http://www.equityearningz.com/tata-elxsi-descending-triangle-chart-pattern/
TATAELXSI SHORT AT 912 with a Stop-loss of 967 for The Target at 744
Risk 6% & Reward 18.43%
Risk Reward Ratio 1: 3.05
Level to Watch out is 885 because it's a 0.618% Retracement level of a Major Swing, Low at 510.60 and High at 1326.
If Tataelxsi consolidate around this level and losing it's momentum then it's a good chance to hold this support level .
But if it's going to break the support with strong downward momentum and higher volume then we may see lower levels in a sharp fall.
As per Chart Pattern Minimum Price Target is 18.40% lower form the cmp, so need to manage Risk and trail stop-loss actively.
http://www.equityearningz.com/tata-elxsi-descending-triangle-chart-pattern/
Chart Patterns
Descending Triangle Breakout - Bearish Continuation Pattern Indusindbk Short below 1471 Stop-loss 1490 Target 1406 Risk 1.29% And Reward 4.42% RR Ratio 1: 3.42 http://www.equityearningz.com/trading-ideas/
This was very quick to hit stop-loss. ( I use 60 min time frame very rarely in postional trades, Because using lower trime far for positional analysis means low accuracy. )
This 60 min time fram was qucik to hit stop-loss, And on othre side same pattern on Daily time frame doing well in TATAElXSI..
Trade Close Stop-Hit.
This 60 min time fram was qucik to hit stop-loss, And on othre side same pattern on Daily time frame doing well in TATAElXSI..
Trade Close Stop-Hit.
Chart Patterns
Descending Triangle Breakout - Bearish Continuation Pattern TATAELXSI SHORT AT 912 with a Stop-loss of 967 for The Target at 744 Risk 6% & Reward 18.43% Risk Reward Ratio 1: 3.05 Level to Watch out is 885 because it's a 0.618% Retracement level of a Major…
cmp 885
Level to Watch out is 885 because it's a 0.618% Retracement level of a Major Swing, Low at 510.60 and High at 1326.
If Tataelxsi consolidate around this level and losing it's momentum then it's a good chance to hold this support level .
But if it's going to break the support with strong downward momentum and higher volume then we may see lower levels in a sharp fall.
Level to Watch out is 885 because it's a 0.618% Retracement level of a Major Swing, Low at 510.60 and High at 1326.
If Tataelxsi consolidate around this level and losing it's momentum then it's a good chance to hold this support level .
But if it's going to break the support with strong downward momentum and higher volume then we may see lower levels in a sharp fall.
Chart Patterns
Descending Triangle Breakout - Bearish Continuation Pattern Indusindbk Short below 1471 Stop-loss 1490 Target 1406 Risk 1.29% And Reward 4.42% RR Ratio 1: 3.42 http://www.equityearningz.com/trading-ideas/
Indusind Bank now at 1450
So What Indusind bank did today is, it Gave one more bounce, our Stop-loss was tight so we stopped out. But this happnes, we can not avoid it.
And we always keep our stop-loss in system, not in mind, Even if it hit and then go to the other direction we don't care.
STOP MEANS STOP. No Wait and Watch here, Alwasy put your stop-loss in SYSTEM not in mind.
So What Indusind bank did today is, it Gave one more bounce, our Stop-loss was tight so we stopped out. But this happnes, we can not avoid it.
And we always keep our stop-loss in system, not in mind, Even if it hit and then go to the other direction we don't care.
STOP MEANS STOP. No Wait and Watch here, Alwasy put your stop-loss in SYSTEM not in mind.
ICICI BANK has Broken It's Rising Trendline, So 1st Oppourtunity we may get for shorting ICICI BANK is when it get Throwback to It's Rising Trenline.
Look for Price action or Bearish Candlestick Pattern at that level for a Short Trade.
This is 1st possibility, 2nd It can again go to 370 Levels and Form a Right Shouler.
Icicibank has one Gap Fill Pending at 320 Levels, So it's very likely to fill that gap and find support around that level.
Trade is yet to come, It's Just a update. So wait for price development. How it unfolds form here.
Look for Price action or Bearish Candlestick Pattern at that level for a Short Trade.
This is 1st possibility, 2nd It can again go to 370 Levels and Form a Right Shouler.
Icicibank has one Gap Fill Pending at 320 Levels, So it's very likely to fill that gap and find support around that level.
Trade is yet to come, It's Just a update. So wait for price development. How it unfolds form here.
2nd It can again go to 370 Levels and Form a Right Shouler.
ICICIBANK FORMED A RIGHT SHOULDER, NOW WE WILL LOOK FOR BEARISH MOVES TO SHORT ICICIBANK IN COMING DAYS.
Once we get idea what price is doing we can trade the price when it gives us right trading set-up in our anticipated direction.
we will look for bearish formation on hourly chart because we are anticipating bearish move in ICICIBANK form this level. Just get better Risk to Reward Ratio.
If we short as per head and shoulder pattern, Our Short Entry is at 336, Where the neckline is. And it won't give us good Risk Reward Ratio. Because short at 336 and stop-loss at 376. ?
Not a Good trade to make. If SL hit it will be a huge stop-loss.
So we will go to hourly time frame, will look for short set-up.
Shorter time frame hit stop-loss very often. But it will be a good Risk Reward when we are right.
Remember you just need 3 Good Trade with 1: 3 RR ratio. out of 10 trade to be profitable.
ICICIBANK FORMED A RIGHT SHOULDER, NOW WE WILL LOOK FOR BEARISH MOVES TO SHORT ICICIBANK IN COMING DAYS.
Once we get idea what price is doing we can trade the price when it gives us right trading set-up in our anticipated direction.
we will look for bearish formation on hourly chart because we are anticipating bearish move in ICICIBANK form this level. Just get better Risk to Reward Ratio.
If we short as per head and shoulder pattern, Our Short Entry is at 336, Where the neckline is. And it won't give us good Risk Reward Ratio. Because short at 336 and stop-loss at 376. ?
Not a Good trade to make. If SL hit it will be a huge stop-loss.
So we will go to hourly time frame, will look for short set-up.
Shorter time frame hit stop-loss very often. But it will be a good Risk Reward when we are right.
Remember you just need 3 Good Trade with 1: 3 RR ratio. out of 10 trade to be profitable.
Chart Patterns
Descending Triangle Breakout - Bearish Continuation Pattern TATAELXSI SHORT AT 912 with a Stop-loss of 967 for The Target at 744 Risk 6% & Reward 18.43% Risk Reward Ratio 1: 3.05 Level to Watch out is 885 because it's a 0.618% Retracement level of a Major…
TATAELXIS Cmp 859.25 and Made a low of 830.10, Pattern Target is 744.
Trailing Stop-loss in TATAELXSI at 925 from 967.
Trailing Stop-loss as per Simple Text-book technical analysis which is very basic and everyone knows, the same is explained in the image.
http://www.equityearningz.com/tata-elxsi-descending-triangle-chart-pattern/
Trailing Stop-loss in TATAELXSI at 925 from 967.
Trailing Stop-loss as per Simple Text-book technical analysis which is very basic and everyone knows, the same is explained in the image.
http://www.equityearningz.com/tata-elxsi-descending-triangle-chart-pattern/