BUY Trade: The Kraft Heinz Company (KHC) – 34.53
Trade Details:
- This stock is trading at the lower support levels and it will trying to bounce again towards higher levels.
- If the market sentiment will strong then it will give a good breakout which enhances the upside potential.
- It may try to hit 35.40 levels after a breakout which is also its EMA levels.
- After crossing above 35 you can trail your stoploss at your entry price.
- RSI is bullish and currently trading at 39. It must be bounce to higher levels soon.
- Trail your stop loss at entry price after getting a 1:1 risk reward.
- Risk Reward 1:3+
Trade, SL, and Target –
![](https://desieconomist.com/wp-content/uploads/2024/03/khc14-1024x471.png)
Entry =Â 34.56
Stop Loss = 34.30
Target =Â 35.40
Please note:Â It may go sideways in between 34.80-34.20. So, make an entry only it triggers our entry level or after a confirm breakout.
Bullish Trade: AT&T Inc. (T) – 17.19
Trade Details: Stock is trading at its lower trendline support levels and it may try to give a good bounce from current levels and price will try to recover with the positive market sentiment.
There is also its EMA support levels so its a additional confirmation for this trade for the bullish side. Risk-reward = 2:5
![](https://desieconomist.com/wp-content/uploads/2024/03/t14-1024x469.png)
Trade SL and Target –
Entry = 17.23
Stop Loss =Â 17.12
Target = 17.50
Please note:Â Don’t hold this trade below its EMA support. Trail your SL at cost after 17.38 levels.
Long Trade: CSX Corporation (CSX) – 37.78
Trade Details: Price is bearish till now and there is a high chances of its to take support now at the EMA levels and then it will try to give a bounce so we can plan for reversal after a small consolidation.
If it opens gap up then wait for a small pullback and then enter into this trade so that there will be a little lower risk on our trade. We can also add few more at its EMA levels support zone. Risk reward Ratio will be 2:5
![](https://desieconomist.com/wp-content/uploads/2024/03/csx14-1024x472.png)
Trade SL and Target –
Entry = 37.84
Stop Loss =Â 37.60
Target = 38.45
Please note:Â It may fall little bit after opening so wait for first 10-15 minutes to enter into this trade.