INDIGO : LONG 14.2.22
Analysis :
1. Price : HH/HL, near ATH
2. Pattern : W
3. Volume : rising
4. Momentum : GFS
5. Volatility : 15m squeeze opening
6. Trend : bullish (Price and RSI)
7. Trend Strength : +DI / rising
8. Time analysis : nearing full moon 16.2.22 (crossing ATH possible)
Trade Setup : (1HR Chart, Intraday)
CMP : 2265
Entry : 2285
Stop : 2244 (ma)
Points : 41
Target : 2380
Points : 95
RR (P/L) : 95:41 = 2.3:1
Max Loss : 9000
Possible investment scenarios :
CASH :
Number of shares : 220
Investment : 502700
Max Profit : 20,900
Max Loss : 9020
FUTURES : (1Lot only)
Number of shares : 250
Investment : 1,42,000
Max Profit : 23,750
Max Loss : 10,250
Pyramiding (Futures) : Convert to BTST trade from Intraday
In futures you can take 3 lots if you have 5L capital.
1st lot : 2285, SL = 2244
2nd lot : once SL is above 2285
3rd lot : once SL(MA) crosses SL of 2nd lot
Trail SL if prices crosses final target of 2380, this is All Time High
Analysis :
1. Price : HH/HL, near ATH
2. Pattern : W
3. Volume : rising
4. Momentum : GFS
5. Volatility : 15m squeeze opening
6. Trend : bullish (Price and RSI)
7. Trend Strength : +DI / rising
8. Time analysis : nearing full moon 16.2.22 (crossing ATH possible)
Trade Setup : (1HR Chart, Intraday)
CMP : 2265
Entry : 2285
Stop : 2244 (ma)
Points : 41
Target : 2380
Points : 95
RR (P/L) : 95:41 = 2.3:1
Max Loss : 9000
Possible investment scenarios :
CASH :
Number of shares : 220
Investment : 502700
Max Profit : 20,900
Max Loss : 9020
FUTURES : (1Lot only)
Number of shares : 250
Investment : 1,42,000
Max Profit : 23,750
Max Loss : 10,250
Pyramiding (Futures) : Convert to BTST trade from Intraday
In futures you can take 3 lots if you have 5L capital.
1st lot : 2285, SL = 2244
2nd lot : once SL is above 2285
3rd lot : once SL(MA) crosses SL of 2nd lot
Trail SL if prices crosses final target of 2380, this is All Time High
@purvishdiwanji