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 - http://www.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.
For our services check link on top of website –
Can subscribe to The Agnostic Portfolio ( Its down 10-12 % since launch in mid April) .
For Derivatives - http://www.nooreshtech.co.in/quickgains
The product is for traders with a High RIsk Profile and High Risk Apetite. Holding period of positions is 1-15 sessions generally.
For customized Advisory Services for HNIS – Call Nooresh Merani 9819225396 or mail firstname.lastname@example.org
DISCLOSURE Nooresh Merani
Securities covered above: All mentioned in the above post
SEBI Registration disclosure - Investment Adviser ( INA000002991)
Nooresh Merani and his family/associates/ analysts would not have exposure in the securities mentioned in the above report/article.
Nooresh Merani and his family/associates/ analysts do not have any financial interest/beneficial ownership of more than 1% in the company covered by Analyst.
Nooresh Merani and his family/associates/ analysts have not received any compensation from the company/third party covered in the above report/article ever.
Nooresh Merani and his family/associates/ analysts has not served as an officer, director or employee of company covered in the report/article and has not been engaged in market-making activity of the company covered in the report/article.
The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision
Also read the detailed disclaimer - http://www.nooreshtech.co.in/disclaimer