Bullish Trade: Global Payments Inc. (GPN) – 124.34
Stock Bullish
Trade Details:
- This stock is trading at the lower trendline support zone.
- We will see a reversal in this stock from the current levels.
- It may bounce from its 200 EMA support which is around trendline.
- RSI is trading at the oversold zone which acts as a good support area.
- There is an increase in volume from the last two trading sessions.
- Risk Reward 1:3.5+
Trade, SL, and Target –
![](https://desieconomist.com/wp-content/uploads/2023/09/gpn-18-1024x438.png)
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:
- Reversing from the strong resistance zone of the last 1 Year.
- At the recent TOP, there is a Red candle with Wick which shows the large number of sellers strength in this stock
- Start the formation of Lower-Low on the 2-hour charts from the top.
- RSI is reversing from the overbought zone which shows the bearish trend.
- Risk Reward = 1:3.5
- you can hold this trade if the overall market sentiment is negative.
![](https://desieconomist.com/wp-content/uploads/2023/09/nee-18-1024x432.png)
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
- It is bouncing from the previous support zone.
- There is also a trendline support zone from where we can see a strong bullish reversal.
- Don’t trade if this goes below the last-day low.
- RSI is taking support at the 50 levels and it may start a new uptrend from here.
- Strictly follow the Stoploss and Target and trail your stop loss at cost if the price goes above 338.50.
- Risk Reward = 1:2.4
![](https://desieconomist.com/wp-content/uploads/2023/09/aon-18-1-1024x437.png)
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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