Short Opportunity in HDFCBANK over negative sentiment in BANKNIFTY. 1. High possibility to revert to 200 EMA to take support. (Mean reversion) 2. Breaking down below the 21 Period EMA 3. Negative trending RSI 4. Negative MFI trend 5. Negative sentiment in banks
Positional Long Opportunity in ICICIBANK. 1. Positive RSI 2. MFI Breakout 3. 200 EMA Support Level 4. Will retest psychological level of 900 before exiting the 800 range on the downside 5. Price trying to make a HUGE HEAD AND SHOULDER pattern. Currently developing the right shoulder.
2 possible trades. 1. Intraday short trade on 20 Jan 2023. Bearish sentiment Will retest key support level of 40900 Price has just been rejected from 22 EMA on Daily TF Price will try to approach 200 EMA on Daily TF 2. Overnight long trade on 21 Jan 2023. Key resistance trendline break Will try to break through 42000. Conservative target...
Buy Above - 41200 SL - 41120 Targets - 41360,41420,41500,41600 Sell Below - 41080 SL - 41140 Targets - 40960,40820,40740 Trade Safe & Happy Trading Guys
THE PRICE HAVE TO SUSTAIN ABOVE THE TREND LINE TO BE BULLISH Buy Above - 17960 SL - 17920 Targets - 18000,18080,18140 Sell Below - 17880 SL - 17910 Targets - 17850,17820,17780 Trade Safe & Happy Trading Guys
asian paints is currently looking for a breakout to move an up trend .
Long Opportunity in TCS for an intraday trade. Reasons: 1. Breakout/Price sustaining above psychological level of 3500 will be a positive sign. 2. 200 EMA Support 3. NASDAQ currently at it's 200 EMA support on daily timeframe and should take a healthy bounce from here NSE:TCS
Inverted HNS pattern on 15M timeframe. Possible upside of around 180-200 points can be captured intraday on 10 Jan 2022.
48 PER broken the 14 year trend lchannel also the lower sloping 3 year ( red Channel)
Buy Above - 41700 SL - 41600 Targets - 41900,42000,42100,42250 Sell Below - 41580 SL - 41650 Targets - 41500,41400,41200,41000 Trade Safe & Happy Trading Guys
Buy Above - 18030 SL - 17990 Targets - 18080,18140,18400 Sell Below - 17960 SL - 18020 Targets - 17900,17860,17800,17750 Trade Safe & Happy Trading Guys
The idea is based on the Elliott Wave Theory. The current upward momentum is very low and the price is moving in a corrective structure. A downward move is likely from the current resistance zone (or a possible likely scenario with 61.8 fib correction). A move over 18480 invalidates this idea.
10 DAY'S OF CHANNEL BREAKOUT Buy Above - 41800 SL - 41700 Targets - 41900,42000,42100,42250 Sell Below - 41700 SL - 41750 Targets - 41500,41400,41200,41000 On Expiry Day we have premium decay so Trade Safe & Happy Trading Guys
EXPIRY DAY BREAKOUT Buy Above - 18020 SL - 19960 Targets - 18080,18140,18200 Sell Below - 17960 SL - 18020 Targets - 17900,17860,17800,17750 On Expiry Day we have premium decay so Trade Safe & Happy Trading Guys
Buy Above - 17960 SL - 17920 Targets = 18020,18080,18140 Sell Below - 17900 SL - 17930 Targets - 17860,17800,17780 Trade Safe, Strictly follow your STOPLOSS Happy Trading Guys
BN CHANNEL RANGE - 41200 - 41700 Buy Above - 41700 SL - 41630 Targets - 41860,41900,42000,42100 Sell Below - 41600 SL - 41640 Targets - 41500,41400,41200,41000 Trade Safe, Maintain Your Stoploss & Happy Trading Guys