Stock Picks to Trade Now | BUY&SELL | 18 Sept

Bullish Trade: Global Payments Inc. (GPN) – 124.34

Stock Bullish

Trade Details:

1. This stock is trading at the lower trendline support zone.
2. We will see a reversal in this stock from the current levels.
3. It may bounce from its 200 EMA support which is around trendline.
4. RSI is trading at the oversold zone which acts as a good support area.
5. There is an increase in volume from the last two trading sessions.
6. Risk Reward 1:3.5+
   
   Trade, SL, and Target –

Entry = Above 124.55

Stop Loss = 123.50

Target = 128.34

Please note: If it starts trading below its 200 EMA then You must exit or avoid this trade.

Sell Trade: NextEra Energy, Inc. (NEE) – 68.64

Trade Details:

1. Reversing from the strong resistance zone of the last 1 Year.
2. At the recent TOP, there is a Red candle with Wick which shows the large number of sellers strength in this stock
3. Start the formation of Lower-Low on the 2-hour charts from the top.
4. RSI is reversing from the overbought zone which shows the bearish trend.
5. Risk Reward = 1:3.5
6. you can hold this trade if the overall market sentiment is negative.

Trade SL and Target –

Entry = Below 68.50

Stop Loss = 69.17

Target = 66.10

Please note: Wait for the price to trigger our entry level and then follow the SL strictly. If market sentiment is also negative then hold this trade for 64.20 Target.

Long Trade: Aon plc (AON) – 336.16

1. It is bouncing from the previous support zone.
2. There is also a trendline support zone from where we can see a strong bullish reversal.
3. Don’t trade if this goes below the last-day low.
4. RSI is taking support at the 50 levels and it may start a new uptrend from here.
5. Strictly follow the Stoploss and Target and trail your stop loss at cost if the price goes above 338.50.
6. Risk Reward = 1:2.4

Trade SL and Target –

Entry = 336.50

Stop Loss = 334.20

Target = 341.96

Please note: You can hold this trade if the overall market sentiment is positive for the target of 345

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