Day Trading Intraday Calls today 17 Jan 2018

Day Trading Intraday Calls today 17 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 17.01.2018 watch list:

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

BPCL
Buy Above 481 CBSL 479

Sell Below 477 CBSL 479

GRUH
Buy Above 538 SL 534

AXISBANK
Buy Above 565 SL 561

HDFC

Buy Above 1864 CBSL 1854

Sell Below 1834 CBSL 1844

RNAM
Sell Below 310 SL 315

ARCOTECH
Buy Above 56.5 SL 55.5
                            

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 :-)