Intraday Calls tips today 22 Dec 2017 ; Intraday Levels

Disclaimer !

All the levels for Learning Purpose only. Risk involved.Read "Our first post for more details"

ALL ENTRIES AND SL EXITS ARE IN 5 MIN CANDLE CLOSING BASIS

My Intraday 22.12.2017 watch list:

Buy or sell while crossing and closing above the said levels only, not in gapup or gapdown

BALRAMCHIN - Buy Above 142.6

                               Sell Below  141.3

TVSMOTOR      - Buy Above 779.5

                               Sell Below  774.5

SBIN                   - Buy Above 317.9

                               Sell Below 315.9
 

FEL                     - Buy Above 50.4
                              Sell Below 49.7

                            

Note: Target 1 is Risk Reward Ratio (RRR) 1:0.75, Target 2 is RRR 1:1 and final target RRR 1:1.5

          For example if a call is Buy above 100 and sell below 98, then here risk is 2rs,If we bought, so our first target would be 100 + (2 * 0.75) = 101.5 and target 2 will be 102 and target 3 will be 100+(2*1.5)=103. Always book partial profits and revise SL to cost. Try to book full at Target 2, if you're risk averse.

Remember: if trading on these levels, Pls don't miss to read below post to limit your losses

http://www.techno-funda.com/2017/06/personal-intraday-tips-for-beginners-my.html

Thanks :-)