SENSEX trade ideas
Short SenSexDate: 11/30
Stock: Sensex
R:R 1.5
Position: Short
Time period: 1day
Entry Price: 44175
Exit Target: 42146
Reasons for Shorting: Contradiction on Price and RSI.
- Lower lowes on RSI
MACD crossing Signal
SENSEXlet me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be satisfied.
BSE Sensex Positional (1-Hour Timeframe) Trading IndicatorPeriod: 04/02/2009 to 20/07/2020.
No. of Points: 1,04,403.
No. of Trades: 674.
% Profitable: 52.37%.
Profit Factor: 1.732
Points per trades: 154.90
No. of lots: 2 (1 lot is partially booked after 750 points which can be customized and remaining 1 lot is in trade until the trend is reversed).
What happened to Nifty & banknifty levels for Expiry (02-07-20)What happened to Nifty & banknifty levels for Expiry (02-07-20)
India Bombay Sensex Index Short Entry: 15:19:34 (UTC) Wed Jun 24India Bombay Sensex Index Short Entry: 15:19:34 (UTC) Wed Jun 24
sensexsensex is in uptrend , made double top and will come down to touch the rising support to continue the up trend.
Nifty & banknifty levels for tommorow Expiry (25-06-20)Nifty & banknifty levels for tommorow Expiry (25-06-20)
SENSEXSensex breakedout the rising support but was not able to break the resistance 35061.95,
Made double top pattern at 35208.17 near the resistance level 35061.95, price came down after making double top pattern to touch the support 34814.88.
Next target 34302.05
SENSEX rally finally coming to an end?See the reaction at the lower line on the rising wedge. Once we break down we have two targets on the chart. A better entry could be the top of the wedge if you would like to sweeten the Risk-Reward ratio. I believe we will make a lower low. This rally doesn't make much sense and at these levels, I much rather be sitting in cash rather than hoping that the bubble will go on.
