KOTAKBANK 1HRSWING TRADE
- EARN WITH ME DAILY 10K-20K –
KOTAK BANK Looking good for upside..
When it break level 1893 and sustain.. it will go upside...
BUY@ 1894
Target
1st 1820
2nd 1950
FNO
KOTAK BANK OCT FUT – LOT 7 (Qty-2800)
KOTAKBANK OCT 1820 CE – LOT 1 (Qty-400) – PRICE (78.25)
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Beyond Technical Analysis
Swing Last in 2015 this stock given breakout but at retest level it failed and came down to 335
Then tried multiple times to give breakout at the same level of from where it falled in 2015
But this time in 2024 this green BO candel closed above the resistance line and while retesting it sustained it support line from where it falled in 2015.
When reversal came it closed above its resistance line in Day Tf also in week Tf also
BULLISH
Kopran Basic Demand Supply in Price Action with Waves.Kopran if we observe price action we can see basic demand supply theory on charts
In Feb 2024 it reached 292 levels & with good supply it pull backed towards 200 levels in march.
Again in April it tried to reclaim 292 levels but with more supply it rolled back to 200 levels.
In Aug 2024 it managed to absorb all supply & trade above 292 levels then every pull back towards 292 became demand zone it happened in 1st week of Sept now we are at same pattern in first week of Oct.
Its looks like Wave 4 pullback which is 50% retracement of wave 3 rise so idealy wave 5 can take price 400 levels confirmation will be trade above 310.
Swing Trading Last Bo level was 1935 Then stock went upto 2164 And then stock retested the opening price of Bo candel which is 19th aug on weekly chart forming flag pattern.
Again i waiting for a reversal and closing above 1935 then it will be a best flag pattern Breakout and target will be as follows 2164 and 2322 in swing
14 Oct 2024 - Bank Nifty Predictions (Next Trading Day)1. Index Chart and Time Frames
Index: Nifty Bank Index
Date: October 11, 2024
Time Frames:
Daily (1D)
5-Minute (5M)
Weekly (1W)
Monthly (1M)
2. Support and Resistance Levels for Next Trading Day
Support 1 51,000
Support 2 50,800
Resistance 1 51,500
Resistance 2 51,750
3. Scenario for Next Trading Day
Slight Gap Down Bearish Expect initial selling pressure due to recent bearish candle on the daily chart.
Timing 9:15 AM - 10:30 AM Initial volatility expected, watch for support at 51,000.
Midday Range-bound Possible consolidation around 51,200.
Afternoon Slightly Bullish If support holds, potential recovery towards 51,500.
4. Options Strategies for Next Trading Day
Bull Call Spread Buy 51,200, Sell 51,500 Limited risk with potential upside if market recovers.
Bear Put Spread Buy 51,000, Sell 50,800 Hedge against further downside if market breaks support.
5a. Calendar Spread Strategy
51,200 (Daily) October 12, 2024 Capture short-term volatility.
51,500 (Weekly) October 19, 2024 Longer-term view if bullish trend develops.
51,000 (Monthly) November 2024 Hedge against potential downturn.
5b. Daily, Weekly, and Monthly Trends
Daily Bearish Recent bearish candle, potential for further downside.
Weekly Neutral Consolidation phase, waiting for direction.
Monthly Bullish Overall trend remains bullish, but recent pullback observed.
6. Trading Recommendations for ATM, ITM, OTM
ATM Trade 9:15 AM - 10:30 AM High volatility expected, good for quick trades.
ITM Don't Trade All Day Higher risk, less favorable for options buyers.
OTM Trade 10:30 AM - 3:30 PM Potential for high reward if market moves favorably.
Summary
Market Opening: Slight gap down expected.
Support and Resistance: Key levels identified for trading decisions.
Options Strategies: Specific strategies tailored for the next trading day.
Trends: Mixed signals across time frames, indicating caution.
This analysis is based solely on the provided charts and does not account for external market factors. Always consider your risk tolerance and market conditions before making trading decisions.
Disclaimer: Do Manage your Risk and Money management, Do not Forget to PUT STOP LOSS.
RHIM Swing Long Trade Signal- RHIM is currently trading at 596
- RHIM is building up a very tight base followed by a Higher low higher low structure
- The last candle was a huge imbalance and that will soon get filled based on that we can see a rebalance of price up to 620-640
- Accumulation Zones: 585-595
- Stop Loss - 567
- Chase - 10%
11 Oct 2024 Bank Nifty Predictions (Next Trading Day)1. Index Chart Details
Index: Bank Nifty
Date: October 10, 2024
Time Frames:
Daily (1D)
Weekly (1W)
Monthly (1M)
5-Minute (5M)
2. Support and Resistance Levels for Next Trading Day
Support 1 51,250
Support 2 51,000
Resistance 1 51,800
Resistance 2 52,000
3. Market Scenario for Next Trading Day
Expected Opening Slight Gap Up (around 51,600)
Market Sentiment Bullish initially, then may turn range-bound after initial movement
Timing - Open: Slightly bullish- Midday: Potentially range-bound
Overall Outlook Start bullish and then range-bound as profit booking may occur after initial rise
4. Options Strategies for Next Trading Day
Recommended Strikes:
ATM Strike: 51,500 Call Option
ITM Strike: 51,000 Call Option
Strategy:
Buy Call Options: Focus on the ATM and ITM strikes to capitalize on the expected bullish opening.
Target: Aim for a quick profit on the initial move, then consider exiting or adjusting positions if the market turns range-bound.
5a. Calendar Spread Strategy
51,500 Sell (Weekly) This week To capture premium decay as the market stabilizes
52,000 Buy (Monthly) Next month To hedge against potential upward movement
5b. Daily, Weekly, and Monthly Trends
Daily Bullish Upward
Weekly Bullish Upward
Monthly Bearish Downward
6. Trading Recommendations for ATM, ITM, and OTM
ATM Trade Best during initial market hours (9:15 AM - 11:30 AM)
ITM Trade Good for quick profits in the morning session
OTM Don't Trade Avoid unless strong bullish signals are present
General Better Not to Trade If market shows signs of reversal after initial bullish move
Summary
Next Trading Day: Expect a slight gap up with initial bullish momentum, followed by potential range-bound trading.
Focus on ATM and ITM options for quick profits, and consider a calendar spread for hedging.
Monitor support and resistance levels closely to adjust your strategy as needed.
Disclaimer: Do Manage your Risk and Money management, Do not Forget to PUT STOP LOSS.
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in HERCULES
BUY TODAY SELL TOMORROW for 5%
EURJPY LONGFOREXCOM:EURJPY
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
Turning Bullish: Aditya Birla Fashions Retail Ltd. (ABFRL)ABFRL has been in range bound between 309 and 324.
It has strong resistance around 343.
It tried to break the resistance 343 levels in July24. However, the volume level failed the breakout.
Historically, the price of ABFRL peaked in OCTOBER months.
If the current bullish trend continues, we can expect ABFRL to break 324 levels and exceed 360 levels.