Best Stocks to Trade |BUY & SELL| 27 Oct

Bullish Trade: RTX Corporation (RTX) – 79.15

Best Bullish

Trade Details:

1. The last candle is a bullish candle and after crossing above this candle it will give a strong upside.
2. Wait to cross our entry price to enter into this trade.
3. It reverses from its EMA levels and now it is ready to shoot up.
4. The big volume bar indicates that traders are interested in this stock.
5. RSI is very bullish and trying to reverse its trend after hitting 50 levels.
6. Trail your stop loss at entry price after getting a 1:1 risk reward.
7. Risk Reward 1:2.5+
8. When you are entering into this trade look at the overall market trend. If the market trend is negative then ignore this trade.
   
   Trade, SL, and Target –

Entry = 79.25

Stop Loss = 78.82

Target = 80.50

Please note: Don’t trade if it goes below its Moving Average to open Gap Down. Enter only when the price is triggered.

Sell Trade: Air Products and Chemicals, Inc. (APD) – 277.66

Trade Details:

1. This stock has been facing selling pressure from the upper levels.
2. There is also a rejection of its EMA from a strong resistance level.
3. It is consolidating in a fixed range and after the breakdown it may fall very sharply.
4. RSI is very bearish and reversing from its 50 levels.
5. Trail your stop loss to the entry price after getting a 1:1 risk reward or below 275.
6. Risk Reward = 1:3+

Trade SL and Target –

Entry = 277.24

Stop Loss = 279.08

Target = 271.51

Please note: If the overall market sentiment is positive then don’t trade this stock for a downtrend because it may reverse.

Momentum Trade: Amcor plc (AMCR) – 8.68

1. This stock is now trading in a channel and currently, it is at the upper channel of the zone.
2. Reversing from its upper resistance zone of trendline as last 5 rejections.
3. If you want to enter with a higher probability then must trade below its moving average level of 8.64
4. But if it breaks above the trendline then trade this stock for upside with the target of 8.90 to 9 levels.
5. RSI is at its higher levels and it may reverse to lower levels.
6. Strictly follow the Stoploss and Target and trail your stop loss around cost after getting a 1:1 risk reward on your trade.
7. Risk Reward = 1:4+

Trade SL and Target –

Entry = Below 8.70

Stop Loss = 8.76

Target = 8.45

Please note: Trading at trendline resistance if it gives a breakout then trade for the upside but as usual, it always reverses after hitting this trendline.

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