Trading Station

Missed the first trade at 346 (day low,opening range).(please refer previous posts) Then  caught the pullback, reason for trade. 1 downtrend in stock,index- NIFTY. 2 Good volume &inverse hammer (pullback) 3 Rejection by moving average and below VWAP. Entry 348 Stop 350 Target 342 Exit 341.8 Risk reward 1:3.  Note- this is only meant for educational purpose.

Time frame 15 min. Reason for trade. 1 trend line break. 2 rejection from upper trendline and inverse hammer. 3 below vwap and MA. 4 50% fibonacci reversals at 3000. Trade (sell) Entry 2994 Stop 3009 Target 3060 Exit  2972. Risk reward  = 15:22. Approx 1:1.5 Note - only for educational purpose.

PEL- Piramal Enterprise Ltd. Reversal trade. Time frame 5 min. Reason 1 trendline break. 2 over sold. 3 market was recovering (nifty). 4 double bottom Trade  Entry     942.5 Stoploss   940 Target VWAP (945.5) Exit        945.3 Risk reward almost 1:1. Note - only for educational purpose.

Reliance trade 1. Trade Sell - 1846 Stop loss- 1852 Target - 1830 Real Exit (buy) - 1827. Reason for trade. 1 triangle formation. 2 stock was in uptrend so a good chance of correction. 3 triangle break,rejection by triangle. 4 Below vwap,moving average.  Risk reward  Points won = 19 Points risked = 6 Risk reward = 1:3. Reliance trade -2. Trade Entry - 1825 Stop loss- 1821 Target  -1829-1830 Exit 1831 Reason 1 break of trendline. 2 hammer at trend line break. 3 good gap between moving average and price;good chance for a pullback considering the steep fall Risk reward  Stop loss = 4 Points won = 6 Risk reward = 1:1.5 Note The 2nd trade quantity<<1st trade quantity. Because risk reward is less. Note- this is only meant for educational purpose.

Self explanatory. After exit. Note- this is only meant for educational purpose.