BAJAJFINSV POSSIBLE BRFEAKDOWNSee morning market movement and take a trade accordingly, min until the opening of 2 candles.
Action
USOIL30M) BUYUSOIL(30m) Ascending parallel breakout.
I bought crude-oil at 3173
My target is 15 points
US Oil formed price action patternUs oil currently formed channel pattern in 1hr candel.
Trade when it breaks the pattern lower or upper.
Note: Trade with stoploss
(Trading is probability)
just a practice in my learning journey || please give reviewjust a practice in my learning journey || please give review tata motors
INDUSIND open = low, might fall further up to 570Indusind formed triangle downwards, RSI pointing down from 60, MACD bearish, There would be good movement downwards up to 570, but we can wait for open=today's low/crossing today's low for entry.
LT looks good for LongLT if closes above 50 SMA , it is a perfect buy, it could reach 1000,RSI and macd are neutral, but it should cross the pivot at 957, for further movement, if it closes above 50 SMA and opens above 957 on monday this is a perfect buy.
SRFSRF(H):- SRF follow upward channel best buy level 4080 for target 4400++ sl 4000 , RSI move up wait for breakout.
#Disclaimer:-I just shared view for only educational purpose.
INDIGO LongIf indigo broke 28th Aug high i.e 1207-08 there is a good chance it move up to 1230 and further. Wait and Watch stratergy
Banknifty Trade Setup [20 Aug 2020]Banknifty is likely to remain calm today. However, the break of yesterday's high and low may change the trend.
So, better watch those key levels and trade accordingly.
BankNifty in Critical Zones [18 Aug 2020]BankNifty may likely to give breakouts in either way.
If Red upward trend line breach, then you may witness a downside.
In case the green resistance levels break, where multiple resistance is there, then Banknifty may rally.
BankNifty Trade Setup [18-08-2020]Banknifty looks bearish and if it opens gap down then wait for a pullback to enter.
Lower timeframe 1M or 3M will give you a much more clear direction.
Ajanta pharma - bullish triangleThis chart shows the consolidation face of AJANTA PHARMA after a power move. So we expect another power move if it brakes the current resistance level.
Wait for the breakout.
Confirm it is clear breakout with volume.
Buy with the help of technical indicators like macd, moving average, pivot points etc
Or you could wait for a retracement and buy at retracement (if it happens)
Beware : Please keep in mind and stay away from False Breakout Traps .
Also this is not any recommendation. Trade at your own risk.
LT : Upar Jaane ka RaastaLT is back in its value area after a downward dip breaking the trend line. Please See linked ideas for details.
Key levels are marked on chart for the upward movement and positional trades.
The stock saw short covering when it touched 900 leading to an immediate rebound.
The OI Status as on Friday is over 20 Lakh open interests for 950 (5Lakh) to 1000 levels (10Lakh) with 900 being the support (3Lakh).
So there is a definite bullish bias to the stock.
Positional Intraday Ideas:
Go long above 930 for 945, 965, 980 with SL at 910; Trail SL after 945
P.S. You will need to zoom out to see the long term FIB retracement levels for key supports and resistance levels.
Breakout from a Consolidation Base - FDCFDC manufactures allopathic pharmaceutical preparations. The company operates in manufacturing and marketing of oral re hydration salts (ORS) and ophthalmics. The company has also set-up globally approved, multi-location manufacturing facilities for active pharmaceuticals ingredients (APIs) as well as finished dosage forms.
The stock broke out of a consolidation base on very good volume and is trading in an ideal buy zone. The key level of trend is at 241 and the critical level at 230. The stock has witnessed minor selling pressure and has found support near its previous high at 272. The ideal entry zone is between 272 and 285. With an invalidation level of 248 the stock has a potential to move towards the zone of 326 and 338.
Disclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
ZEEL - Trendline BreakoutZEEL - If it crosses the triangle trendline, probably 180+, then there is a good chance of it to touch 200, Small Traders can take at ZEEL 200CE
