5 Best Stocks trading tips to Buy-Sell for Intraday Tomorrow on NSE - 06-December-2021
Day Trading Guide for Monday 6th of December
Snapping the two-week losing streak, Nifty50 recovered 1 per cent in the week gone by; however it failed to provide a close above mid-point of the prior week’s decline. On Friday, after marking a high at 17490; soon the index entered the negative territory and fell up to 17181-level. Friday’s large bearish candle ensures a hurdle near the 17400-17500 zone, whereas negative follow-up action could drag the index till the 17130-17050 zone. Post the three-week decline, Bank Nifty formed an indecisive candle on the weekly chart.
Throughout the week, Bank Nifty failed to surpass the peak of the large bearish candle formed on 26th Nov; hence under-performance from the Bank Nifty is expected to continue as long as it remains beneath the level of 36900. Defending the half-yearly mean, Nifty Commodities index found some positive traction this week; sustainability may continue its recent rally. After recovering for two days, the Energy index found stiff resistance; a series of descending highs and lows are intact on short-term charts.
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Intraday Stocks for 06-DEC-2021
| TARGETS 🎯 | BUY ▲ | SELL ▼ |
| PRICE | 1916 | 1903 |
| TARGET 1 | 1923 | 1894 |
| TARGET 2 | 1933 | 1884 |
| TARGET 3 | 1944 | 1873 |
| TARGET 4 | 1955 | 1862 |
| TARGET 5 | 1976 | 1841 |
STOPLOSS | 1912 | 1907 |
POWERGRID | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 206.50 | 203.50 |
TARGET 1 | 208 | 201 |
TARGET 2 | 211 | 198 |
TARGET 3 | 215 | 194 |
TARGET 4 | 218 | 191 |
TARGET 5 | 222 | 186 |
STOPLOSS | 204.50 | 205.50 |
RELIANCE | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 2413 | 2401 |
TARGET 1 | 2422 | 2391 |
TARGET 2 | 2434 | 2379 |
TARGET 3 | 2447 | 2367 |
TARGET 4 | 2459 | 2355 |
TARGET 5 | 2481 | 2332 |
STOPLOSS | 2409 | 2405 |
ASIANPAINT | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 3122 | 3108 |
TARGET 1 | 3133 | 3096 |
TARGET 2 | 3146 | 3083 |
TARGET 3 | 3160 | 3069 |
TARGET 4 | 3174 | 3056 |
TARGET 5 | 3202 | 3031 |
STOPLOSS | 3117 | 3113 |
MARUTI | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 7225 | 7203 |
TARGET 1 | 7241 | 7187 |
TARGET 2 | 7261 | 7166 |
TARGET 3 | 7283 | 7145 |
TARGET 4 | 7304 | 7124 |
TARGET 5 | 7336 | 7102 |
STOPLOSS | 7218 | 7210 |
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 06-DEC-2021 Intraday Performance:
ReplyDelete1. KOTAKBANK : Buy Side Above Target 1 @1923 & Sell Side Below Target 2 @1884 Achieved ✅.
2. POWERGRID: Buy Side Target 1 @208 & Sell Side almost Target 1 @201 Achieved ✅
3. RELIANCE : Buy Side Target 1 @2422 & Sell Side below Target 3 @2367 Achieved ✅ 🎉BONUS TRADE🎉
4. ASIANPAINT : Sell Side below Target 5 @3031 Achieved ✅ 🎉BONUS TRADE🎉
5. MARUTI : Sell Side below Target 5 @7102 (With Extra Delicious 81 Points)Achieved ✅ 🎉BONUS TRADE🎉