Stocks for 29/08/20 Intraday
#LICHSGFIN
#LUPIN
#UPL
#AMBUJACEM
#UJJIVAN
#SBILIFE
#CUMMINSIND
#AMARJABAT
#INDIGO
Based on NR7, Volume and Volatility concepts
Results of the Day : 4/9 Stocks gave tradeable moves
1/4 : #UPL : PROFIT : +2R
Price broke through previous resistance with good volumes
Bullish bias was decreasing due to decreasing Volumes. Exited after formation of bearish structure
2/4 : #INDIGO : PROFIT : +1.7R
After a Bullish start of the Day, price formed Double top and a Bearish structure.
Exit was done after it bounced with good volumes and a long tail
3/4 : #AMARAJABAT : PROFIT : +4R
Best trade of the day about which I posted in the morning hours
Similar to #INDIGO, Price formed Double top and a Bearish structure.
Exit was done at +4R profits which is the maximum profit I target for Intraday trades
4/4 : #UJJIVAN : PROFIT : +1.7R
Details on chart, Price broke out of a zone
Exit at resistance.
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