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HomeTrading IdeaBest Trading Ideas |BUY & SELL| 14 Mar

Best Trading Ideas |BUY & SELL| 14 Mar

BUY Trade: The Kraft Heinz Company (KHC) – 34.53

Trade Details:

  1. This stock is trading at the lower support levels and it will trying to bounce again towards higher levels.
  2. If the market sentiment will strong then it will give a good breakout which enhances the upside potential.
  3. It may try to hit 35.40 levels after a breakout which is also its EMA levels.
  4. After crossing above 35 you can trail your stoploss at your entry price.
  5. RSI is bullish and currently trading at 39. It must be bounce to higher levels soon.
  6. Trail your stop loss at entry price after getting a 1:1 risk reward.
  7. Risk Reward 1:3+

    Trade, SL, and Target –

Entry = 34.56

Stop Loss = 34.30

Target = 35.40

Please note: 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

Trade SL and Target –

Entry = 17.23

Stop Loss = 17.12

Target = 17.50

Please note: 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

Trade SL and Target –

Entry = 37.84

Stop Loss = 37.60

Target = 38.45

Please note: It may fall little bit after opening so wait for first 10-15 minutes to enter into this trade.

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