4 best intraday tips for tomorrow - Day trading guide for Tuesday -26-OCT-2021
Day Trading Guide for Tuesday
Following four days of straight fall, Nifty started for the current week with an optimistic outlook, in any case, its powerlessness to support at more elevated levels slowed down intraday rallies. On framing indistinguishable open and high, Nifty deleted early gains and in the end finished on a level note. The list returned to its 20-day EMA levels, which are flawless on shutting since August 2021. Nifty's broadness stayed negative as 39 out of 50 stocks got comfortable the red. Excepting banking and financials, the greater part of the other files confronted downticks. Food over 18,000 is essential for some solidification to set in the middle of 18,000-18,300 zone. Any unequivocal forward leap under 18,000 could broaden the new decrease towards the 17,850 level.
Bank Nifty finished strong for the third consecutive day. The list revitalized till 41,830 just to settle close to 41,192. Actually, Bank Nifty framed a long-legged little bodied light and follow-up activity should be firmly looked out as food underneath the present high (for example 41,830) could draw in some solidification.
Indian Stock Market Latest Update
Today's Live Global Market Update
FII/FPI & DII trading activity on NSE, BSE and MSEI
|
FII/DII Trading
Activity in '₹' Crores |
||||
|
Category |
Date |
Buy Value |
Sell Value |
Net Value |
|
FII/FPI |
25-Oct-2021 |
6854.2 |
9313.3 |
-2459.1 |
|
DII |
25-Oct-2021 |
11137.25 |
8747.02 |
2390.23 |
Intraday Stocks for 26-Oct-2021
| TARGETS 🎯 | BUY ▲ | SELL ▼ |
| PRICE | 848 | 841 |
| TARGET 1 | 854 | 835 |
| TARGET 2 | 860 | 828 |
| TARGET 3 | 867 | 821 |
| TARGET 4 | 875 | 814 |
| TARGET 5 | 887 | 802 |
| STOPLOSS | 845 | 844 |
BPCL | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 435 | 430 |
TARGET 1 | 439 | 426 |
TARGET 2 | 444 | 1184 |
TARGET 3 | 449 | 1176 |
TARGET 4 | 454 | 1168 |
TARGET 5 | 460 | 1148 |
STOPLOSS | 432.50 | 432 |
BAJAJ-AUTO | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 3766 | 3751 |
TARGET 1 | 3779 | 3739 |
TARGET 2 | 3793 | 3724 |
TARGET 3 | 3809 | 3709 |
TARGET 4 | 3824 | 3694 |
TARGET 5 | 3847 | 3768 |
STOPLOSS | 3762 | 3755 |
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 4438 | 4422 |
TARGET 1 | 4452 | 4408 |
TARGET 2 | 4468 | 4393 |
TARGET 3 | 4484 | 4376 |
TARGET 4 | 4501 | 4360 |
TARGET 5 | 4527 | 4333 |
STOPLOSS | 4433 | 4427 |
How to Trail your Stoploss?
This is a secret part for a Professional trader to book Partial Profits frequently or Trailing Stop loss Profits. The Best Part of this Strategy is that it will always end up with Consistent Profits rather than taking a big loss.
👍Let's Understand this Concept with an example :-
✔️Suppose One of our above trade is activated @42 where Target 1 - @ 45 , Target 2 - @ 47 , Target 3 - @49, Target 4 - @51 & Stoploss - @ 39 However if the First target reaches Target 1- @45 Book 50% Profit of your Quantity Example:- Out of 100 book 50 Quantity as at the Moment Profits and Rest 50 Quantity trail to just below the Target 1, Around @43.
and you can also book 75 Quantity or You can book full if your Quantity Amount is too big. It actually depends on your Greed /Patience Power. In second scenario if Buy/sell price jumps then you can also take that trade & best part of it is that target and Stop loss will be same ! Avoid Big Gap Up/Down (like 1%) Opening if its Near Target 1 for buy/sell side. Suppose If It's a Big Gap Up opening then wait for the Sell Side Trade! Same goes for the Gap Down Opening then wait for the Buy Side Trade!
Precautions For Intraday
✔️After taking any positions from the given trade above always Trail your Stoploss to cost if it moves to the direction of the buy/sell target so trail your Stoploss to cost . What will be the price if you don't know how to trail? Then here is an example suppose I gave a buy position to buy a stock @503 and stoploss @501 if it moves upward above @505 or the difference between the buying price and the stoploss price just substract it like (503-501= 2) so now your trailing stoploss came to your buying price likewise If it moves of 2 points Upwards Trail your stoploss just below 2 Points & exactly same goes for the Sell Side.
✔️ However if Your Stop loss got Hit after taking a particular stock's trade then take the next trade on or after 9:30am Still Missed the Opportunity then Take the Position After 12:15pm
✔️Always Check Market Depth for Buying & Selling Quantity for better knowledge & it will also help you if their is any institutional traps or operator traps !! For example If one of our trade activated on buy side but market depth is showing selling pressure with high quantity for selling so simply it's a trap and wait for Sell side entry.
✔️ Stock Market always demands a sacrifice & here sacrifice means money, it also takes Time, Efforts, Patience, Study, Hard Work & Knowledge to make sure the Worthiest One can take profit & Remaining the rest is your luck.
Let's Discuss about 26-Oct-2021 Intraday Performance:
ReplyDelete1. ICICIBANK : Side ways Movement not Activated ❌
2. BPCL : Side ways Movement Activated but small loss both Buy & Sell Side ❌
3. BAJAJ-AUTO : Buy side above Target 3 @3809 Achieved ✔️
4. MINDTREE : Buy Side above Target 5 @4527 Achieved with extra (67 Point)✔️ and turned into a 🌟BONUS TRADE🌟.
(FACT : 🌟MINDTREE was a perfect trade for today check the exact opening for today🌟)