HUL: Intraday sellHUL just hit fresh high. looking for a short sell and then buy from low levels. EVEN rsi states it as overbought.
Sensex
Could we be looking at a dead cat bounce in BSE?While the BSE:SENSEX index is showing some strength today, are we out of the woods? India is still in just the first week of a 21 day / 3 week lock down.
I'm sure many traders don't have anything better to do at home, so trading might be their stress buster!
Just wait until their wives ask them to buy 'subji' instead of 'stocks' :D
I may be saying this like a broken record, but lock downs are not the solution. I could elaborate on this, but it won't be worth the time and effort. In the meanwhile, watch the charts to see how the price action is.
Whether this is a dead cat bounce or a dead horse bounce, we'll find out in a few days/weeks. Till then hang on... may your longs go up, and your shorts go down!
BSE SENSEX | SHORT @30000 and LONG @20000 will be the Gameplay*There is a short expectation from 30000 to 20000 which will cover nearly 10000 pts bear.
*Investors can look around 20000 for a best price to invest with their respective stocks.(Can hold for 5-10 yrs).
Short #nifty setupShort nifty on retest of resistance levels around 10700-10900 with a stop above higher resistance levels around 11170 and 11589.
Target 8700
TIme frame around 2 weeks.
The setup is in line with my earlier analysis on nifty:
Analysis and my views are for paper trading only
Dmart Long , looks beautiful and bullish and strong uptrend Dmart seems in demand and price action is respecting well to SR levels
seems pretty bullish
Easy 2R TradeConfluence of Trendline & Horizontal support
Horizontal support has been retested already.
This should prove to be a quick 2R
Axis Bank OutlookAxis Bank results today if negative then can open up range of 680-670. if results are positive can open range of 735-755
USA, Declinists Be Damned: Bet On AmericaInternational diversification is important, but it's risky.
Choose wisely.
Here's a hint:
India is debt
China is lender
Toxic Growth
MRF Long Clean breakout Long MRF as the market is looking bullish am looking for some clean breakout stocks which can give 1:3 RR trade
MRF broke weekly resistance and this week it closed above it.
HSCL a good buy for long termAs I can see HSCL is trading at a very attractive price one can buy at current level and accumulate at every dip for good profit. My long term target can be seen here. Thanks
Sensex Index UP Coming Trend Analysis Hi
we believe that there exist a Three Drive Pattern for which it takes few days to complete and then we have a bearish retracement for which we may Short the Market.
The Fundamental analyses are base on the current Oil Price and problems in Middle East and as we have analysed the NIFTY, we can conclude there is a upcoming Bearish Trend as the Oil Pries may go Higher so the companies should face the Demand issues and their productivity comes down so their stock price...
Best of Luck
Trade Sensibly
please write your ideas for us so we can discus and develop our knowledge
Good setup on IBHFIndiabulls housing finance is trading in a good range am expecting a jump from 250 - 255 level for higher highs... Good luck and always use stop loss
BSE:SENSEX is at ATH but got rejected by a year old trendlineBSE:SENSEX has recorded a All Time High today(26-Nov-19) but it was rejected by a trendline that extends from August 2018 till today. If this trendline is broken on a daily closing basis then I am expecting SENSEX to continue to the upside.
MRF SHORT | STRONG RESISTANCE + RISING WEDGEHEY GUYS, AFTER MY ANALYSIS OVER MRF I OBSERVED THAT THERE IS SOMETHING THAT IS PUSHING THIS STOCK TO DOWNSIDE, AND SO I HAVE DECIDED TO SHORT THIS STOCK.
DLF BEARISH FOR THE WEEKSYMMETRICAL TRIANGLE PATTERN FORMING AND A VERY STRONG RESISTANCE IS THERE, WHICH STOPS SHARE TO GO UP.
$BATA sell setup target 200dma and wedge lower end$BATA sell setup target 200dma and wedge lower end
NIFTY at a crucial Inflection pointNIFTY is at a crucial inflection point near 11160-180 tops. we hold below this region and go and test the 10900 areas and lower back again, Hold above we are back to try and a potential test of 11500 areas
larsen & toubro 4 hr Chart due to reliance fomo it came down for support and if monday market makes movement and send this stock above 1340 than it will be a good recovery of this stock
Head and Shoulder :
it can go higher from this point if close above 1340 weekly trend line is there to push the upward button
