Intraday Tips

INTRADAY Stock (Based on Candle stick pattern)

THURSDAY 22-FEB-2024

TECHM (1297.25) 
 

SELL below 1292 TARGET 1283, 1270, 1250 STOPLOSS 1304

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

CRUDEOIL MAR FUT (6445)

BUY ABOVE  6478 TARGET 6495, 6515, 6555 STOPLOSS 6445

SELL BELOW 6413 TARGET 6395, 6375, 6335 STOPLOSS 6445

(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