2 ‘Intraday’ Sell Trading Ideas for 12th February Trade No ratings yet.

Intraday Tips

(1) Spice Jet:

The stock is trading in a Negative channel and the price action of the last hour shows a strong fall. Volumes supporting the fall has been considerable. This supply may get accelerated below the immediate support of 78.50/-.

Trade Date- 12/02/2019

Intraday levels for the stock-

Action
Trigger Price
Stop Loss
Target 1
Target 2
SELL <78.50 81 74.50 70.00

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(2) Andhra Bank:

The stock has made a Bearish Candlestick Pattern on Daily Charts and is looking very weak. The immediate pivot support for the stock stands at 23.50 below which the Intraday selling may continue.

Action
Trigger Price
Stop Loss
Target 1
Target 2
SELL <23.50 24.20 23 22

*All levels mentioned are of cash segment.

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Author: Traders' Chowk

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