Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
The stock has given a bullish breakout. Reality sector looks strong so further upside in Phoenix Mills is expected.
Entry can be made at current market price
Stop loss- below 1434
Target- Near 1550
Let me know in the comments section if you want me to analyse any other financial instrument.
WARNING:-
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE...
NSE:PHOENIXLTD
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
PHOENIX MILLS PHOENIXLTD NSE is bullish if 1200 holds. New Lifetime High. Fresh Breakout. Positive trend.
Disclaimer: Educational purpose only. Not Buy/Sell Reco. Not Sebi Registered.
From here price might move to 1100 level, might fall till 980, but still looks like a good buy with target of 1100. If it crosses 1100 level then it will definitely move forward to 1200 level.
NSE:PHOENIXLTD
please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and...
SHORTING
If the 05 or 15 mins candle breaks the trend line and if we have enough sellers than the buyers (red volume bar-prev 3-4 bars) a 1:2 risk-reward ratio can be booked.
***Those lines which are marked, I call them as HIGH-TENSION lines.
**These lines form when there is equal pressure from buyers and sellers, levels are between (924 and 999).
*Until and unless there is no one giving up the pressure will be same between them, so that's the reason I called It as High-Tension strategy.
*Wait for the perfect break out to happen...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
NSE:PHOENIXLTD
please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and...
NSE:PHOENIXLTD
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and...
NSE:PHOENIXLTD
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and...
Going long with support line as Closing basis stop loss. This month stop-loss going to be wider because market is trending and supports levels are far. Please keep in mind on position size before initiating the trade.
he stock has broken out and retested, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the upper trendline. The target is placed near swing high.
