subhagghosh

subhagghosh

Inside Bar on the daily chart,22nd July High 23,208 & Low 22,600. Directional move once the levels are broken:- Good entry point is 22,700 - 22,750 levels 22,500 as SL. Target 1 is 23,365 and an extended target of 25K on cards. Flag formation on the daily chart, the probability is to break higher-ups. Don't get the impulse to short is there is a gap down....

subhagghosh

Warning Retail to stay away from this counter:- You have much better scripts available. This is blown out of proposition, out target is done. The rest is your choice.

subhagghosh

#banknifty Are we ready for a morning cup of tea? T 23365 SL 22600, LTP 22,950.

subhagghosh

Cypher pattern:- Bearish formation seen on #banknifty:- Pattern Failed Focus on PRZ - Price Reversal Zone (22,650 - 22,750):- Failed, closing above Head & Shoulder formation in progress in a 1-hour chart, any bubble break will happen below 21,000 might see a target of 18,895 :- Failed, closing above 22,750. I said: "I won't change my view based on dow or...

subhagghosh

We have hope trading vs reality trading. Hope Trading:- All is well, the COVID vaccine in line and economy will bounce back. Reality:- COVID is a reality, the economy will take years to recover and Nifty P/E 29.01 on 21st July. RSI is at 52 week High We are in PRZ - Price Reversal Zone so be cautious. Wait for reversal signal on chart to short, blind short...

subhagghosh

#banknifty Cypher pattern:- Bearish formation seen on #banknifty Focus on PRZ - Price Reversal Zone (22,650 - 22,750) Nifty P/E stands at 28.86, bubble expanding, be cautious. Head & Shoulder formation in progress in a 1-hour chart, any bubble break will happen below 21,000 might see a target of 18,895. I won't change my view based on dow or vaccine news, I...

subhagghosh

History will repeat:)

subhagghosh

Momentum is getting reduced and 22657 is a hurdle to cross. No short signal yet....levels are on chart. It's better to avoid trade here.

subhagghosh

Decision Zone SL for all short term long 21,495 2:00 PM to 3:30 PM, non stop 90 mins short-covering, until and unless followup buying comes, will be consolidated at this level of 21,000 to 22,500. We are trying to form H&S formation on the hourly chart, which might require the next 1 to 2 weeks to mature. Below 21,028 we have a target of 18,976 (23080 to...

subhagghosh

I haven't touched the chart for tomorrow, as nothing as changed. Still is 1000 point range roughly 21,000 to 22,000. All levels are on the chart:- SL for short term shorts:- 21,935 & SL for Short term long is 21,026. Medium-term long SL is 20,926. The SL is bang on, don't play just execute.

subhagghosh Updated 

Note:- Algo is meant to work on 3 mins timeframe and I am not allowed to post 3 min TF data here. #banknifty #algo #quants #algotrade In house quants algo system test this week from 12th July till 16th July. [ b]Banknifty last Buy Signal was generated @11:21 AM @ 21,288, BN closed at 21597:- 309 points positive 5 closed trade :- 4 win & 1 lose, total point...

subhagghosh Updated 

#banknifty #trading #stratergy Most important for bears, SL for shorts 21,935 (Well defined SL). Wave 4 completed at 21,935 ( 49.82% of Wave 3). Wave 5 has 3 targets 21,496 (complted)/ 21,225 (completed) / 21,057 Wave 5 is completed or yet to be completed is a question mark. Will focus on the trend line joining 22,995,22650,21935, pls keep a close watch the...

subhagghosh

Currently in sell mode.

subhagghosh

Quants Algo has generated sell signal on #banknifty @22,627.45 @ 10:45 AM 10th July'2020. Will keep on updating the levels, as and when the signal changes.

subhagghosh

Still on sell mode:- Manual SL of shorts:- 21380 Target on lower side:- 21638 / 21460/21255/21000.

subhagghosh

#banknifty #trading #stratergy Levels are on the chart, the pullback expected till 21,769 to 22,105. Will avoid trading in the decision zone 21,769 - 22,105. SL for all positional shorts is 22,650 and intraday short levels are 21,122. I have kept the levels and analysis very simple for layman to understand.

subhagghosh Updated 

All positional short term long position SL triggered at 22350 (Intraday & Positional). We have already corrected 1000 points from the top, if weakness continues we further see 1000 point correction immediate term. Which coincides with our support zone. Decision Zone:- 22,224-22,399 SL for all shorts is 23,080 or 22,767 (is also good).

subhagghosh

Quants Algo has generated sell signal on #banknifty @22,627.45 @ 10:45 AM 10th July'2020. Will keep on updating the levels, as and when the signal changes.