nifty50 making bullish pennant pattern on 5 minute timeframe, wait for breakout/resist.
The stocks has given a breakout before ..-> taken support at 171 level -- again ... expecting a good upside movement from now ... multiple targets has been given Targets : 175 -> 177 -> 179 -> 181 Strategy: 1 Put Spread : Sell 165 PE + Buy 145 PE ==> breakeven 161.5 2. Straddle : Sell 175PE + Sell 175CE ==> breakeven 156-194
24 JUL 2020 INSTRUMENT: BHARTIAIRTEL TIME FRAME: WEEK PROCESS: WEEKLY CHART MY ANALYSIS: BHARTIAIRTEL IS MOVING SIDEWAYS FOR SOME WEEKS NOW. STOCHASTICS CONFIRMING BEARISH DIVERGENCE. IF INTERESTED IN DOING JOBBING ON INTRA DAY BASIS YOU CAN TRADE BETWEEN 594.65 TO 560.50. IF YOU ARE INTERESTED IN SOME GOOD PROFITS AND ARE INTERESTED IN HOLDING FOR SOME TIME....
NSE:BANDHANBNK Bandhan bank on daily chart getting weaker. On daily chart if we manage to see closing below 330 (Candle Must close near its low) Then stock may show free fall from there. This will become invalid above 370. This is just my personal view on BNADHAN BANK do not consider this as trade recomandation. Please don't hesitate to share your views in...
NSE:HCLTECH If you can see HCLTECH getting narrowing down its movement as its going up. And last couple of days its also not showing any strong bullish closing on Daily and 1H chart. Volume is also indicating professionals are now not interested in higher prices. We may consider this as weak stock now which may fall or best say it will show some retracement...
The stock is showing bullish sign in 4h Timeframe ... positional long can be taken. There is consolidation zone present right above the 6403 level ..which might result in some high wick candles MFI is showing sign of increasing .. though RSI and MACD in -ve zone --> consolidation zone very problematical Targets --> 6664 -> 6905 (tough) Trade setup : Safe...
The stock is showing increase in MFI also seems to be coming out of Consolidation Zone. price has shown a good retracement ( consolidation ) in 420-430 zone. Setup: 1. Intraday setup : buy at 440 -> tgt 450 2.Positional setup: buy at 440 -> 450 -> 462 -> 470 -> 476 3. Option strategy: Sell ( 390 PE + 400 PE + 410 PE ) + BUY 370 PE * 3
NSE:SRTRANSFIN If you see daily chart of SRTRANSFIN chart is showing good supply. As one can see on 1H chart after breaking out the resistance area of 689 stock not managed to sustained above the same and fall and break the support of 689 (Resistance Become Support). Seeing such scenario we can say Profestionals trapped breacout traders. After breakingdown ...
Bearish Head And Shoulder pattern can be formed in bank nifty.. What you think comment below... We are not SEBI registered...
NSE:SBIN SBIN trading in uptrend channel and today stock taken out its last swing high and sustain above it. I am considering SBIN for swing trade with SL of 181 closing basis. I am looking for target of 197 first and if SBIN hold strong that level then may be 202++ also possible.
20 JULY 2020 INSTRUMENT: INDIAN OIL CORPORATION. TIMEFRAME: POSITIONAL. CHART ANALYSIS: INDIAN OIL CORPORATION HAS A HAMMER FORMATION ON 16 JULY 2020 AND 17 JULY CONFIRMED A BULLISH SIGNAL. INDIAN OIL CORPORATION IS IN SIDEWAYS FROM 01 JUNE 2020 AND IS STILL WITHIN THE RANGE IT HAS BEEN IN A PRICE RANGE 91.90 TO 83.80. TRADE IDEA: BUY ABOVE 94.90 INDIAN OIL...
19 JUL 2020 INSTRUMENT: SBIN CMP: 188.20 TIME FRAME: DAY EXPECTED TREND: LONG PRICE ACTION: TARGETS FOR THE DAY ARE: 189.77 190.25 CHART ANALYSIS: THERE IS A STRONG RESISTANCE BETWEEN 190.25 - 191.95 WHICH IF REJECTED CAN BRING IT DOWN TO 185.65 TO 178.05 MY ANALYSIS: EXPECTING SBIN TO COME BACK TO 185.65 TO 178.05 ONCE IT GETS REJECTED AROUND 190.25 LEVELS. SAFE...
Please do your own research before trading/ investing.
nifty50 breakedout and retesting the rising wedge pattern, and the price is in rising trend but rsi is in falling trend. wait for resist.
18 JUL 2020 INSTRUMENT: HDFCBANK CMP: 1098.45 TIME FRAME: DAY EXPECTED TREND: LONG PRICE ACTION: EXPECTED GAP UP OPENING TARGETS FOR THE DAY ARE: 1103.52 1120.93 CHART ANALYSIS: THERE IS A STRONG RESISTANCE AT 1128 WHICH GOT REJECTED ON 09 JUL 2020. MY ANALYSIS: EXPECTING HDFCBANK TO COME BACK TO 1053 ONCE IT GETS REJECTED AROUND 1128 ON MONDAY. SAFE TRADERS CAN...
The stock has come out of downtrend and pushing towards the upper range Currently buyers exhaustion ( retracement ) can be seen --> MFI also started decreasing --> expecting price to come to red zone than continue its push to the 240 target range Trade Setup : When price comes down to 215 Level --> SELL PE option which has value of 5rs ( possibly 205,200)
NSE:HDFC HDFC on 2H looks bullish for swing trade. If any 2H any candle closes above 1825 then we can consider this for long for swing trade. I will prefer to keep my stop loss at 1750 closing basis which was last swing low. Expected TARGETS for this trade will be 1947 and 2024. Making HH HL formation Hence considering this for long.