So , here I share with you the strategy for Intraday Trading for AMBUJA CEMENT . On daily time frame the Stock with CMP as 352.45 has already entered the reversal pattern and has potential to go trend up till 595. On lower time frame , i.e. 15 Mins , the stock is in range. If Stock Breaks this range , as detailed in the chart , we can enter the trade with different entry levels and targets.
Remember , the Chart has just entered the uptrend and thus we shall only look for the opportunities to buy.
Our First Condition to enter the trade is Break out @ 356.75
Technical Indicators on 15 mins candle :
CMP : 352.45
MA50 : 350.07
MA200 : 352.31 ( Making Golden Cross Over)
RSI : 55.62
ADX(14) : 24.26 ( Directional Strength )
ATR (14) : 2.6 ( High Volatile )
To understand Market Structure at daily frame, please refer to the link.
Share your Views and boost my idea if you agree :)
Remember , the Chart has just entered the uptrend and thus we shall only look for the opportunities to buy.
Our First Condition to enter the trade is Break out @ 356.75
Technical Indicators on 15 mins candle :
CMP : 352.45
MA50 : 350.07
MA200 : 352.31 ( Making Golden Cross Over)
RSI : 55.62
ADX(14) : 24.26 ( Directional Strength )
ATR (14) : 2.6 ( High Volatile )
To understand Market Structure at daily frame, please refer to the link.
Share your Views and boost my idea if you agree :)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.