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HomeTrading FocusedIntraday TradingBest Trading Ideas for Today |BUY & SELL|

Best Trading Ideas for Today |BUY & SELL|

Bullish Trade: DXC Technology Company (DXC) – 21.21

Trade Details:

This stock has breakout the trendline resistance and will shoot up very fast towards higher levels.
After breakout it has given a support at its EMA levels which increase the chances of bullishness in this stock. RSI is also bullish. You can also hold this trade for few more days with the trailing stoploss to catch the bigger profits.

Trade, SL and Targets –

DXC stock

Entry = 21.24

Stop Loss = 21.05

Target = 21.91

Please note: You can enter twice if it doesn’t workout in first trial. For bigger profits keep trailing your stoploss.

Sell Trade: Boston Properties, Inc. (BXP) – 65.31

Trade Details:

Facing resistance at the upper levels and turning into downward trend. RSI is also turning into negative action. If the market sentiment will be bullish the n wait for the negative price action confirmation. Below its EMA you can trail your stoploss to secure your profits.

Trade, SL and Targets –

BXP stock analysis

Entry = 65.12

Stop Loss = 65.66

Target = 63.23

Please note: If it crosses upper trendline then must exit and keep trailing your stoploss as it continues to fall down.

Long Trade: Incyte Corporation (INCY) – 56.97

Trade Details:

Stock is consolidating at the lower levels and preparing for the breakout. Once if it gives a breakout the yellow trendline then it will shoot up towards its EMA resistance levels. RSI is also trying to turn into bullish and will spike up to 58.45
Ignore this trade if goes below the last swing levels.

Trade Details:

INCY stock trading

Entry = 57.05

Stop Loss = 56.50

Target = 58.70

Please note: Enter only after its breakout levels otherwise there is a chance of reversal in price. keep trailing your SL.

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