INTRADAY Stock (Based on Candle stick pattern)

TUESDAY 16-APR-2024

INDUSINDBK (1539.90) 
SELL below 1534 TARGET 1523, 1510, 1490 STOPLOSS 1549

(wait for the 5 min candle to close above/close below the given level then Observe)

CRUDEOIL APR FUT (7134)

BUY ABOVE  7170 TARGET 7188, 7210, 7250 STOPLOSS 7134

SELL BELOW 7098 TARGET 7080, 7058, 7015 STOPLOSS 7134
(wait for the 15 min candle to close above/close below the given level then Observe)

(Note:These calls are for Educational/knowledge purpose)

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Note:

CHECK THE MARKET DIRECTION BEFORE YOU TRADE

WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade. 

If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point)  then Qty should be taken as per this Risk: 250/5 = Qty 50