Nifty- Intraday Long BountyNifty Intraday Long possibility
All details on chart. Be careful as there are many unfilled orders. Not the best location to long.
Balance Of Power
Emami Ltd - Long bounty/ Short/Medium term tradeFolks, Long Bounty spotted in NSE:EMAMILTD
We have a classical pattern and a retest of the breakout to the demand zone in Emami Ltd. Even on a relative basis to the NIFTY FMCG this scrip is peroforming well and hence we can long in this scrip.
Restrict the entry to lower time frames like Hourly and 15m because there is a possibility price can penetrate deeper as there are many candles with unfilled orders near the demand line.
All the best, Y'all!
Nifty- Balance of Power trade- Intraday/Short termAll details in chart.
Nifty has taken support yesterday at critical demand zone from Intraday POV and held it for now. If it can take out the supply at the top we will see another move up to another ATH.
All the best to Y'all!
PVR - Long Bounty - Breakout retest tradeA Bounty has been spotted in PVR and Price may retrace the breakout zone for collecting more orders which were pending during the breakout. The Demand zone is a wider than most other zones I mark on my charts, this is because PA shows a lot of unfilled orders and hence price IF retraces to the zone may penetrate deeper and so it is absolutely imperative that entry must be taken in lower time frames of 15m or lower.
All other details in the chart.
This is a trade based on sector rotation as these sectors (Hotels/leisure/travel) are showing momentum now as they had not participated in the rally since the March lows.
AARTIIND - Long BountyBounty Spotted in AARTIIND Long trade and Price Acton shows a Retest of the Breakout zone. Price has been consolidating over a period of time and has overcome the supply and thus is testing the demand zone for taking in more orders before it heads North.
All details of entry and targets on the chart.
All the best Y'all!
NIfty Long - OVER 550+ POINTS BOUNTYOver the last 12 days we have received over 550+points as bounty in Nifty Longs. We are near our last target and I am expecting another 50-100 more points but now the breadth seems awfully overburdened and hence we can expect some minor or routine correction. I am expecting a sector rotation to happen now as we cuould see many pharma stocks breaking out of consolidation yesterday and relative strength of Pharma wrt Nifty is on a roll. I have not yet seen any signs of reversal or short and when I do I will post a chart for short.
Kindly see our journey over the last 12 days through the posted charts
GRANULES - Long Bounty - Short term tradeThis is a follow up to the trade idea on NSE:GRANULES posted on Nov25. Kindly see the link.
PA suggests an opportunity for long at marked zone for targets mentioned in the chart as per the original idea. Kindly take trades in lower time frames as it will reduce your risk .
All the best.
