I have identified a stock for positional buy. Lets say Adani Ports:
Now, as it closed above the resisting trendline, i am planning to take a postional long on break of PDH. However, i don’t have enough margin to hold a future trade postionally. Can i make intraday longs every day the PDH is broken until my positional Target is met or until the setup gets invalid?
It is a short. You are not seeing the whole picture here.
Although from your chart , it is quite evident it is long but it had resistance in the upside. Right now it looks like a trading opportunity if the pennat is broken in any side.
It shows strong accumulation in neckline
Also you can put buy limit here for tomorrow with SL at dotted line.
Also watch these big shorts Chart Image — TradingView
Can turn up like croc.
Escorts is down but the highest downside is seen by Mothersumi in last week. It is around 8.4%
Chart Image — TradingView
Atleast it will shoot up?
to make lower high