Short-Term Trading Opportunity Alert: Reliance in Focus
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Hello Traders!
I’ve got my sights set on Reliance for a short-term trading opportunity. Before you dive in, here’s what you need to know:
Analysis: On the daily and four-hour time frames, we’ve got an intriguing pullback opportunity that could lead to some upward movement.
Caution: Keep in mind, the overall direction of this stock is bearish, so tread carefully.
Trading Opportunity: If you’re keen to seize this chance, consider a long position from the indicated levels.
Derivative Traders: For those in the derivatives market, keep an eye on 2200 or 2300 CE options for November expiry.
Risk Management: Always set stop-loss orders and be prepared for fluctuations in the market.
Takeaway: This isn’t an investment opportunity but a short-term trading play. If you’re comfortable with short-term moves, this might be your playground.
Your Strategy: What’s your take on Reliance? Planning to hop on this ride or staying on the sidelines? Share your thoughts below!
Stay Informed: Follow for updates on this trade opportunity and more.
Happy trading!
I’ve got my sights set on Reliance for a short-term trading opportunity. Before you dive in, here’s what you need to know:
Analysis: On the daily and four-hour time frames, we’ve got an intriguing pullback opportunity that could lead to some upward movement.
Caution: Keep in mind, the overall direction of this stock is bearish, so tread carefully.
Trading Opportunity: If you’re keen to seize this chance, consider a long position from the indicated levels.
Derivative Traders: For those in the derivatives market, keep an eye on 2200 or 2300 CE options for November expiry.
Risk Management: Always set stop-loss orders and be prepared for fluctuations in the market.
Takeaway: This isn’t an investment opportunity but a short-term trading play. If you’re comfortable with short-term moves, this might be your playground.
Your Strategy: What’s your take on Reliance? Planning to hop on this ride or staying on the sidelines? Share your thoughts below!
Stay Informed: Follow for updates on this trade opportunity and more.
Happy trading!
Giao dịch đang hoạt động
TSL set at Cost to CostGhi chú
There is a chance to book 1:2 to close the trade. If anyone have not closed yesterday there will be chance today to book the profit. To book more than 1:2 profit, set your TSL to cost to cost and then trial your profit.Giao dịch được đóng thủ công
Made handsome profit in RELIANCE23NOV2200CE and at the end of the week I'm not interested to risk my profits. So, I closed this trade. Will see you in the next trading
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