While Intraday views from my end are given in real time on a best effort basis, I avoid mentioning Stop Loss. That in no way implies that one should avoid putting a stop loss because at the end of the day there is always a higher risk involved in intraday trading compared to any positional views or investment ideas. The shorter the time frame, the higher the risk...
Momentum/Thrust analysis by tychelab.com
if closes below 270 , it can show 215-220 in coming days...lets see how tomorrow will react...buy 220 PE for safers
Price action is consolidating within a small range. Break out can be in any direction.
NSE:ADANIPOWER
HDFC has formed a falling wedge pattern. price has moved below 200 day moving average as well. Possible support and entry at 1900 levels Second Entry with better risk reward would be 1840
Price action is moving towards long term trend line support. Trend lines are the first thing any analyst should have learnt to draw when they start to learn about technical analysis. Its a very simple tool but most effective.
When price action gave an explosive movement on last friday, most people got the thought that market has become bullish finally. And the same people got confused when prices are falling today. If the sentiment has become bullish, then why price is falling? Last monday price opened gap up, creating a gap. "All the gaps will get filled eventually". And also to have...
CASTROLIND-BUY Current Market Price: Rs.132.00 Stop Loss: Rs.128.80 Target: Rs.144.40. Risk Reward: 1:3.875 On daily chart there is strong support and pullbacks are weak.