travellingtradermumbai

01:56

travellingtradermumbai

I think there's a reversal in the daily charts of Laurus Labs. I have explained in detail, the technical analysis of Laurus labs and why have I gone long. Watch out!

02:52

travellingtradermumbai

There is another breakout in Bharat Forge and I think the upside rally will continue. I have explained in detail the technical analysis of the daily and hourly chart. The stronger neckline was already broken on the 8th of May but then there was a retracement which was broken on 27th May, i.e. last Friday. I have made a long position in futures for a target of...

travellingtradermumbai

Potential breakout in Cipla? Let's understand. Candle made yesterday followed by the candle made today indicates a lot of strength. Both the candles are big green candles backed up with big green volume bars. This gives me a hint that the resistance zone between 1520 and 1525 might be broken now and we might see a strong breakout. Coming to my momentum...

00:55

travellingtradermumbai

The candles have respected the resistance by 20 SMA or the basis of Bollinger Bands in the daily chart of Bank Nifty. The trend in the first look is bullish (Dow theory) but there are signs of weakness as well. I would avoid trading in Bank nifty but if I have to, I will sell on the rise. #banknifty #nifty

02:03

travellingtradermumbai

Yup, I am still not bullish. Watch this video to understand my analysis of the pre-opening chart of Nifty and Bank Nifty. #Nifty #Banknifty

01:54

travellingtradermumbai

I think that the daily chart of Gujarat Gas Limited is bearish so I am carrying a short position in it for BTST. I am not bullish in the market either so I prefer carrying a short position over long positions. #Educational purpose only

01:52

travellingtradermumbai

#Educational purpose only I think the first hourly candle made yesterday is strong and the low won't be broken. I have explained my analyses in the video and I hope this helps.

02:10

travellingtradermumbai

#Educational purpose only I've analyzed the chart of Cipla because of the strong bullish candle made today in the daily chart. I think it will be a good buy above 1450 for targets of 1550 or more.

02:24

travellingtradermumbai

Astral Limited has been in my watchlist since Friday. Right now, the hourly chart indicators signal a dip and the daily chart give me confidence to buy on the dip. I've tried to explain my idea in this video and I hope you find it useful Thanks #Educational purpose only

02:53

travellingtradermumbai

I was not bearish in Nifty until Friday but the market has not failed to surprise me yet again. Important support (100 SMA) at 22000 was broken with conviction and India VIX is flying through the roof. These both points make me rethink my bullish thoughts I had and now I would either stay away from the market or wait for the right levels and sell on the rise but...

01:09

travellingtradermumbai

I think that Nifty 50 has made a support zone between 21700 and 21800 and there is a resistance at 22500/22600 but a strong resistance zone between 22750 and 22800. The current trend according to Dow theory is buy with strict SL #Educational purpose only.

travellingtradermumbai

10-05 The candle made is a strong bullish candle which is attempted breakout. can buy with open targets #educational purpose only

travellingtradermumbai

10-05 The candle made today is a strong white marubozu. Support zone made between 158 and 165. Trend is bullish. Can buy for Short Term targets of 200+ #Educational purpose only

travellingtradermumbai

Ashok Leyland looks bullish in the hourly chart. there was a correction in the price but the stock has recovered well. i have bought 210 ce as my target in Ashok Leyland is 205 & 210 #educational purpose only

travellingtradermumbai

10-05 There might just be a bullish reversal in the hourly chart of Tata Steel: 1. Candle made in the last hour yesterday looks like a bullish reversal candle so we will keep our SL below the low i.e. below 161.5 2. There is a bullish crossover in the MACD as well. My targets will be around 170. #educational purpose only

travellingtradermumbai

The hourly chart (timeframe I use for intraday trades) of Maruti is clearly bearish. Candles are trading below 50 SMA and the manual trend is bearish as well. There is a support at 12500 so I will sell once this is broken for targets of 12200 with SL above 12600. #Educational purpose only

travellingtradermumbai

Vedanta is bearish in the hourly (intraday) chart. There was an attempt at trend change but it failed. I have gone short for target of around 390. #Educational purpose only

travellingtradermumbai

There is a clear breakout from the downtrend in the hourly chart of JSPL. I am going to take a chance and go long. The SL should be according to the risk taking capacity but I think targets of around 950 / 960 in short term. #Educational purpose only