Best Trading Ideas |BUY & SELL| 29 Nov -

BUY Trade: Bunge Global SA (BG) – 108.41

Best Trading

Trade Details:

This stock is in strong uptrend and moving forward with its EMA support.
If the market opens a Gap down then it may bounce again to the higher levels or towards our target price.
Ignore this trade if this stock doesn’t reverse and fall again after gap down opening. Enter only on upside reversal.
RSI is in the bullish zone and consolidating in a range bound levels, it may shoot up soon to higher levels.
Trail your stop loss at entry price after getting a 1:1 risk reward.
Risk Reward 1:2.5+

Trade, SL, and Target –

Entry = 108.60

Stop Loss = 107.84

Target = 110.80

Please note: Enter into trade only if it goes above above our entry price and wait in case of gap down opening.

This stock is trading at its lower channel and it will shoot up towards higher levels again above 70.
There is a trendline from the upper levels and it may respect its trendline as the resistance which is our final target price.
Last hourly candle volume is higher than the average which indicates the bullishness.
You can keep your stop loss strict, if you don’t want to take high risks then always trail your stoploss.
RSI is in the oversold zone and sure it will come to higher levels again around 70-75.
There is also a support zone of trendline on lower levels from where the stock is reversing.
Risk Reward = 1:4

Entry = 67.80

Stop Loss = 66.95

Target = 71.25

Please note: Enter into this trade only above moving average line 67.80 and must exit below 67 levels with strict SL.

This stock is trying to reverse and go back to upper resistance zone.
There is a support line around 970 from where the stock is reversing.
If it crosses above its EMA levels which is acting as a resistance level then will see a higher levels.
Trade only above the entry point otherwise it may reverse to the lower levels or stuck in the same range.
RSI is trading at 41 levels and it may go up again up to 70 levels.
Strictly follow the Stoploss and Target and trail your stop loss around cost after getting a 1:1 risk reward on your trade.
Risk Reward = 1:3

Entry = 978.69

Stop Loss = 971.40

Target = 1000

Please note: Quickly trail your SL when price cross above its moving average or you can also book half profit around 992 levels.

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