Day Trading Intraday Calls today 03 Jan 2018

Day Trading Intraday Calls today 03 Jan 2018 ; Intraday Levels tips

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 03.01.2018 watch list:

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

ZEEL
Buy Above 580 (Example: As per our strategy Target 1 is 582.3, t2 is 583 and final Target is 584.5)

Sell Below 577

TATAPOWER
Buy Above 100.4. SL 99.4

GODREJPROP
Buy Above 705.5

Sell Below 701.5

NMDC
Buy Above 149.3 SL 147.8
                            

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 :-)