Best Stocks to Trade |BUY & SELL| 02 April

Short Trade: Nordson Corporation (NDSN) – 271.69

Trade Details:

Reversing from the top with the formation of double top which is the reversal pattern in this stock. Our next target will be next EMA levels and then we will hold for bigger profits.

RSI is also turning into negative and price will slide down towards lower levels. Must keep trailing your stop loss to protect your profits.

Entry = 271.55

Stop Loss = 273.25

Target = 266.50

Please note: There is some upside gap is remaining so make sure to re-enter if it his SL in first try.

Long Trade: The Procter & Gamble Company (PG) – 160.58

Trade Details:

Stock is taking support at lower EMA levels and price will try to reverse from this level. This is in strong uptrend and will continue to rise further towards higher levels of 164. RSI is also trading at bottom and will rise gain up to 60-70.

Entry = 160.94

Stop Loss = 159.72

Target = 164

Please note: Trade only if it triggers our entry level only then enter into this trade.

Sell Trade: DTE Energy Company (DTE) – 110.73

Trade Details:

Stock is trading in a channel and falling down from higher levels towards its lower trendline support. Is market sentiment will also be negative then this stock falls down very sharply towards its EMA and continue to its 107 levels.

Entry = 180.50

Stop Loss = 182

Target = 175

Please note: This stock is in uptrend and you have to watch the market sentiment because if it breaks out above the last swing then it may rise further.

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