Some of the interesting trade setups.
Starting a new series of posts where we will highlight possible trade setups with a rough stop loss. How to execute the trade or reject the trade is dependent on every individual style and various parameters.
So Please do your own research and read the disclaimer. We may have vested interests or may do so on price action.
- MOIL Limited
- Very good volumes in the last few weeks.
- Multiple tops at 190-195.
- A stop would be around 185. Can pre-empt or watch for follow up above 195
- Vedanta Limited
- We continue to like the Metals space as the index is on a breakout – Check post here - https://nooreshtech.co.in/2018/09/sector-on-radar-bse-metal-index-tata-steel-sail-jindal-steel-hindalco.html
- A good consolidation after a downtrend with small higher bottoms.
- Momentum on sustaining 236.
- Stops would be around 225-228
- Eicher Motors
- Recent tops at 29000-29200 cleared.
- Stops would be at 28500-28800.
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