sumit_01

sumit_01

As market is showing bullishness after CPI reports but it’s not accurate uptrend. It’s just an execution on order which is pending at downside. Nifty will open gap up more than 1%. After 1HR candle, if market shows weakness it’ll come downside after order execution which is pending at upper levels. For better risk management, try to ignore trade in tomorrow market.

sumit_01

Dow jones will revert back of area between 28500-28000. There is a huge demand zone. As mention in chart

sumit_01

As we can see after a big bull rally, market pulls nifty above it’s actual price. Now market will retrace and again come to 16800. Short nifty at this moment.

sumit_01

If BTCUSD breaks 400 EMA on weekly timeframe. Next support is near around 9800.

sumit_01 Updated 

We saw a massive fall in vedl. it’s not over.. I already gave a analysis for short vedl from level of 400 for target until 300. Which is completed. Now vedl consolidating at a support of 300. If it breaks 280 we can short futures of vedl for target of 250 -220 with 10 rs sl.

sumit_01 Updated 

Ashok leyland consolidating in tight range.. we will trade on breakout side .. levels are marked on chart

sumit_01

Nifty gave break down after 3 days of consolidation. Tomorrow nifty will come down to level of 15200.. if it hold level, may nifty will give a pullback to 15500-15600.. But if nifty breaks 15200.. there’s high probability market will come down to 15000. Trade wisely, Trade tightly.

sumit_01

Nifty is trading below AMP.. if nifty breaks 15800.. we can go long for 16000 & 16200. We have to enter after rejection from 15800. Levels are clearly marked on charts. Kindly regards, Sumit Thakur

sumit_01

Tomorrow market will open gap up.. Banknifty is trading in a narrow range.. tomorrow there will be a gap away breakout of 33600.. we have to go long for target of 33800 and 34000. At exactly market opening we can buy call option of 33500 and hold for a day.. But always remember to trail your SL. Kindly regards, Sumit Thakur

sumit_01 Updated 

Lupin is trading in tight range at daily timeframe.. Now it’s time for pullback.. We can go long if lupin breaks 620 with stoploss of 580 for target of 720. Or positional buyers also buy at discounted price if market shows negative sentiment.

sumit_01 Updated 

Vedl forming head and shoulder pattern and lower lows. We can short with 10 points stoploss for target or 40 points. Level are marked.

sumit_01 Updated 

We can short future for 1:2 risk reward ratio after penant breakdown. Amara raja already in downtrend so we can short with little stoploss

sumit_01 Updated 

As we can see market is loosing it’s momentum and forming a channel. It will come down to it’s bottom

sumit_01

Upl are in consolidating in range.. if it breaks 750 we can go long for target of atleast 1:2 RR.. also we can buy at lower price because it will give breakout soon for higher level for sure.

sumit_01

Hello, ultratech is providing us an opportunity for positional trade. If price crosses level of 6200 then we can go for target of 7500 with stoploss of swing low.

sumit_01

According to fundamentals & technically, Sail gives us a good opportunity to make our portfolio green with a target of 15-20 or may be more after a upper line breakout if market sentiment are positive.

sumit_01

Ashok leyland consolidating and revert back in it’s uptrend. We can go long with 4 rs stoploss for 1:6 risk reward ratio.

sumit_01

Eicher forming a parallel channel but taking a support at trendline breakout.. So for few days we can go long and our stoploss is channel breakout.