PETRONEL: LTP @ 217.50 (Cash), @ 218.50 Why BULLS Prefer this Stock as SWING / Positional / Intrraday Trade? #1. In ICHIMOKU Cloud, Tenkan-Sen (@ 215.81) Turn from DN to Flat. #2. 20SMA (@ 216.63) < CLOSE (@ 217.50) < 50SMA (@ 217.67) #3. Last Trading Day Crossed BASE Line from BELOW. Other Technical Indicators Showing Strength.
Go LONG: Aggressive not Above +0.50% Best BUY: @ 215.20 to @ 216.35 Strong above@ 219.25. TGT: @ 220.15, @ @ 222.35, @ 225.50 - @ 227.25 (HZ), @ 229.50 More on Chart. SL: 211- (by Closing)
For FnO Traders: GO LONG with Hedge with nearer PUT Option. As premium is 1.00 Point, TGT: Add 0.70 to 1.20 Point to Cash Price TGTs.
Query accepted for more FnO Strategy.
Don't forget toHit / Click Likebutton, If this post enrich your knowledge and would help you in trading, Your likes are the only motivation to post better ideas in future.
Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
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.