Best Stocks to Trade |BUY & SELL|29 April -

Trade Details:

Stock is turning from its upper resistance level.
Current levels will acts as a supply zone and stock may show a good pullback towards 71 to 70 level.
It is reversing from the EMA resistance level so you can keep trailing your SL.
If it opens gap down then you can trade with the stop loss on a reversal after little bounce.
Risk reward ratio is also more than 1:3

Trade, SL, and Target –

Entry = 73.90

Stop Loss = 74.75

Target = 71.55

Please note: Try to trail your stop loss with the momentum and must exit all above EMA.

2. Bullish Trade: MetLife, Inc. (MET) – 70.42

Trade Details:

This stock is reversing after taking support at its last support and preparing for a bounce to the upside.
After crossing its MA line it will show some strength and price may hit 72.50 levels.
If it opens the gap down or below the last candle low then ignore this trade because after that it may fall sharply.
RSI may turn into bullish and it may touch 75 levels again.
Trail your stop loss to the entry price after getting a 1:1 risk reward.
Risk Reward = 1:2.5+

Entry = 70.71

Stop Loss = 70

Target = 72.50

Please note: Ignore this trade if the market sentiment is negative or it opens gap down.

3. Short Trade: Northern Trust Corporation (NTRS)– 83.38

Trade Details:

Taking support at the upper trendline levels and preparing for the next pullback towards lower level.
There will be the sharp fall below 82 levels.
RSI is also turning negative towards the lower bottom support level and will hit oversold zone.
Risk reward ratio is also high because there is a high probability of downside from current levels.

Entry = 83.25

Stop Loss = 83.90

Target = 80

Please note: Trade only it triggers our entry level and keep strict stop loss above the trendline.

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