Stock is trading at 0.20 times its book value.. (undervalued fundamentally ) chart pattren tell us lot,s of block deal complete in recent months.. we don't know ..why they do that.. if any good news may be coming in upcoming days.. like merger,, joint venture may be some good news.. etc after that stock ll be ability to rock.. For more query comment below.....
I am Neutral on this .. becoze technicaly stock attract at this level.. ( undervalued ) but fundamentally stock is still ..( overvalued ) other than its peers. i can not recommend to do any position without any confirmation So we should wait this stockfor any confirmation..
IDEA chart pattern is tell us.. stock is moving in sidway ( 70- 120 ) level.. we can make long postion here with a tgt. of 90... 100... nd last 120.. The RSI indicator is also 40 LVL. (previous support.) lets see what happen.. or more query comment below.. i ll happy to see your view, comment and feedback And follow for such more analysis ....
these stocks are for those who love to gamble ... better and avoid and trade with plan and strategy in QUALITY STOCKS!
The Good Trade Process A good trader would do some analysis post market, some do it in the evening while the others at night but the time of analysis does not matter. He searches for his favorite setups on higher time frame charts and look for potential opportunities. He takes down only those trades which qualify his risk appetite. Opportunities with 1:2 or more...
If Nifty stays below, 10080 it can be weak. possible tgts are 10044-10000-9966. Below previous low 9951 even 9889 possible. Above,10145 the probable tgts are 10175-10200-10222-10242-10275 n abv 10275 we open up for 10330-10385. Happy Trading. DD
Master Emotions And You’ll Master The Market.
Markets this week: Although stocks had a bumpy ride this week yet trend was quite strong in Nifty. Seems current impulse has more legs and we are heading for 10930, my extended target. Its highly likely that we ll achieve this target in the next trading session. As we are heading higher there is delight as well as confusion in the markets. There are a few...
....... Spot & Future Intraday, future Weekly Levels plotted & mentioned on chart. Covered Bullish GAP (Formed on 15/12/2017) Between 25,205.90 - 25,411.25. Trade as per Specified level with description. FUTURE Trader Should take position with Hedge (i.e SHORT NF + Long CALL Option & Vice-versa) Don't forget to Click / Tap LIKE button, as Like is Barometer of...
A batsman’s (trader’s) approach to his batting (trading plan) depends on Whether he is playing: - Test match (Long term investment) - One day International ( Medium term) - T20 match ( Short term / Leverage trade) - Or for that matter a Rain hit T20 match ( Intra day High leverage high risk trade) While playing a test match a batsman’s - Focus is on avoiding...
Hi every one Hope u all are doing good... With Friday done and weekend ahead just thought of posting a thought... which you can read before you go to bed... & if it makes sense do let me know what you guys thought of the thought... :-) ______________________________________________________________________________ So Is trading all about buying and...
Observations: > NiftyIndex up waves are ending within 25 days and down waves within 7 days. > Bullish or Bearish crossover, or divergence at the end of waves. > Strong Bullish and Bearish patterns seen at the end of up and down waves respectively. Combining all these three observations can provide strong Buy and Sell signals. Current Up wave: > Current...
First of all m sorry for posting bitcoin under nifty, but this is the best way to reach maximum.. An article worth sharing.. BITCOIN IS A MIRAGE Today, if I have to comment where irrationality exists, the same way I commented on the irrationality in the housing market in 2012, it definitely would be in Bitcoin. For Warren Buffett followers Bitcoin is just a...
" History repeats itself. The only true constant in the market is the participants. Humans tend to act, react and overreact in similar ways to certain situations which are repeated over and over again, and this is really the basis on which technical analysis has built its utility. We are merely looking at emotions reflected on a chart to gain insight as to how a...
Two serious problems in trading, which each one of us has faced at one stage or the other -- Greed and Fear. Most of us are still struggling with these issues. According to Wikipedia Greed is an inordinate or insatiable longing for unneeded excess, especially for excess wealth, status, power, or food. Simply put when the trader do not take profits at...