Hello Fellow Traders, Sell Indication based on Volume Advance Dcline and TICK. P.S: Take it with a pinch of salt Happy Trading! NSE:BANKNIFTY
Hello Fellow Traders, Today we have witnessed yet another bearish movement due to various factors including but not limited to Corona Virus, Oil Crash and many other factors. Currently, the market reaction is entirely based on global cues and news events and rational/technical aspects of stocks are entirely off the table. So, rather than depending on the...
Hello Fellow Traders, During these highly volatile times(due to corona), We doesn't know what direction the market moves. We highly expect it to move downwards, but to our surprise, it may move upside, which has happened TODAY. Thus, trading should not be a guessing game. It has to be based on the overall market sentiments. How the overall trading community is...
Hello Fellow Traders, I have created a trading strategy on BankNifty based on Market Internals - Advance/Decline Volume and TICK These Market Internals, also known as Breadth Tools helps in identifying the overall market sentiment. Just doing some technical analysis on Price action doesn't provide good results. Price action along with Volume gives a meaningful...
lupin looks good and is set for another atleast a 5% run to the least in coming days is in my buy on dip list with mentioned stop loss !
This trade is valid for 25th July, 2019
Dishtv broke the Market Profile Resistance - A good buy for 20% return in short duration Market profile helps us to find the Value area acceptance and Rejection, Because Price a representation of Value. So price analysis is not required very much Details mentioned in chart If you like my ideas "HIT LIKE" button
Buy banknifty for 80-100 points Target 26480-26580 Buy above between 26480-26495 anywhere Exit between 26540-26580
Buy Bank nifty for 60-80 points Target 26520-26580
the chart structure suggest something positive in the company on the way , if am able to read it right 80 is not a surprising task for the stock in next 7 sessions ...
Market breath is not with Nifty50. We have clear selloff in overall market while banks are holding nifty and banknifty. (Mostly till jan Expiry)
I AGREE tha the stock is fundamentally good but technically i see a slide ..though little not more than 20 % which will be a good opportunity to buy for long term!