Equity-Earningz

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Short TCS Below 3060 Stop-loss 3121 Target 2680 Risk/Reward 1:6 Elliot Wave Trading corrective price structure WXY.

Equity-Earningz Updated 

Short Nifty at 15140 Stop-loss 15275 Target 14311 : Where C = A & Risk/Reward is 1:6 Target 13721: Where C = 161% of Wave A & Risk/Reward is 1:10+ It's been a spectacular bull run since March 2020 Lows. Expecting some correction or deeper pullback this time. Nifty trading at resistance or near to Corrective Wave B highs. I'm shorting nifty, anticipating...

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Short at 1049-1050 Stop-loss 1065 Minimum Price Target - 1000 & Lower Risk/Reward 1:3.33 at Minimum Price Target.

Equity-Earningz Updated 

Short < 1338 Stop-loss > 1403 Target 1000 Risk/Reward 1:5 Piramal Enterprise - Price broke the upward trendline on 4th September and pullback but faced trendline resistance at 1403 and fall back. Price made a bearish flag and breakout of the same is a shorting opportunity. On a daily chart, the price made a lower high followed by a recent lower low and that...

Equity-Earningz

Godrej properties - Price is consolidating and trading inside a bullish rectangle after a good impulsive move. Price rallied from 575 to 900+ in an impulsive move in June 2020, took resistance at 0.618% retracement level. The price is hovering between 850 to 950 range for the last 3 moths. A clear breakout is awaited above 965 to take a long entry. Sl should...

Equity-Earningz Updated 

Entry 430 Stop-loss 409 Target 530 Risk/Reward 1:5 Axis bank trading at trendline support. Intermediate and short term trends are up. This pullback is an excellent opportunity to go long because of a very favourable risk to reward ratio. Don't invest more than 5% of your total capital into a single stock.

Equity-Earningz Updated 

Entry at 662 Stop-loss 632 Target 788 ( Set as 161.8% of Wave1 ) Risk/Reward 1:4+ Voltas is in a strong uptrend. Price is trading inside an upward channel and formed a bullish pennant. Pennants look very much like a symmetrical triangle but are typically smaller in size, ( volatility ), and duration. Voltas is in a 3rd Wave and Impulse wave 3 often is the wave...

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ICICI bank - At Trendline Support Long at 376 Stop-loss 361 Target - 444 ( 0.618% Retracement of Previous Swing ) Price making Higher Highs and Higher Lows - So going long on this pullback at the trendline support.

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Long Manappuram Finance Entry 156 Stop-loss 149 Target - Minimum Target Price 187 Risk Reward 1:4.6

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Long Above 236 Stop-loss 219 Target: 321 The Minimum Price target is 278. But that's not where we should exit. After an entry, hold the stock until the trialing stop-loss gets hit, or 1:5 RR is achieved. There are plenty of techniques and tools to trail the stop-loss. One can trail the stop according to his/her risk appetite. I'll update the idea about...

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Entry 283.25 Stop-loss 269 Target 253 Risk - Reward Ratio 1:5 LIC HOUSING FINANCE, from May 19th to Uptill June 17th, LICHSGFIN had a strong impulsive move. Since the 17th June top, price is in consolidation and remained above the 50% retracement level of the previous impulsive move. There is a high probability that an ongoing consolidation breakout may result...

Equity-Earningz Updated 

The CPSE ETF is made up of equity investments in 12 of India’s largest public sector companies. Owned 55% or more by the Government of India and listed on the NSE. It is an Index fund. CPSE ETF Full form is Central Public Sector Enterprises. It's an Exchange, Traded Fund. The government of India wanted to divest some of its holdings in CPSE and decided to divest...

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Century Textiles - Risk-Reward Ratio 1: 4.80 Long Above 345 Stop-loss 325 Target 438 Century textiles broke out of a symmetrical triangle recently. It formed an Inside Bar today after a strong up move yesterday. Two or more up days prior to inside days or bar increases the probability of upward momentum to continue after a breakout. Trading With Inside Bars...

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Trading Philosophy - Trend Following Trading Strategy - Shorting a Rally in The Downtrend. Trading Set-up - Retracement - Resistance - Chart Pattern Entry - Short at 1210 Stop-loss 1257 Target 974 Risk/Reward 1:5 Why short? Price retraced to 1237 (0.50%) of its previous swing. (1579.60 to 895.15) Price is trading in Resistance Zone. Anticipating price...

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We should not buy the 1st dip in the morning today, Nifty trading around 9390 which is the previous swing high. Nifty still has room to go towards 9260-9175. There is a Gap to be filled at that level. Trading requires a clear trading plan and trade management. So here is a clear trading plan. Entry Between 9200-9250 Stop-loss 100-125 Points away from Entry...

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Cadila Healthcare is in the uptrend in all time frames. Primary (Monthly), Weekly (Intermediate), and Daily (Short Term). Trading Plans - An analysis without a proper trading plan is very much useless. It's trading that makes money, not fancy analysis. Plan - A On a daily chart, the price is trading in a rising channel, recent consolidation formed a falling...

Equity-Earningz Updated 

ITC, awaiting bullish flag breakout. Long above 186 Stop-loss 176 Target 235 Risk-Reward 1:5

Equity-Earningz Updated 

Falling wedge is a very powerful reversal chart pattern when it appears at a bottom after a prolonged decline. However, it can be traded as a continuation pattern as well. Entry - 2420-2430 When price closes above the downward slopping upper trendline. Stop-loss - 2275 ( Swing Low ) Target - 2600 and above. Risk/Reward is poor. So we need to trail stop-loss...