JSW energy is near to its breakout zone so we can plan a short time trading in it. UPSIDE targets are 347, 354, and 370. Downside targets once the lower trendline breakdown then 300 to 280 we can see in downside.
lets see if we can secure this trade with at least 1:1 RR. SL of just 40 points . Candle close above 18020 will change every thing Until then its a good risk reward . Closing below 17940 will be considered as proper weakness then one can plan for positional trades. As of now not that much weakness but in smaller TF i have observed market breaking the structure and...
HINDALCO failed to complete the BOWL pattern now it is trying to make a CUP with Handle pattern Buying levels above 415 with the SL of 4 to 5 rs and we can look for 1:1 to 1:2 target or more depending upon the volume. selling is preferred below the 400 level and risky traders can have sold below 408 with the target of 404 up to 400 can continue further below 400...
SGX Nifty formed resistance around 18000 in daily chart. Two times it tried to break that resistance level but it failed to sustained & again it is testing that resistance. Strategy A: - Time frame: - 1H chart If nifty open gap up, look for high open. If high open same then sell. Strategy 2: Time frame: - 1H chart Wait for bearish pattern to form near...
SUMICHEM hourly chart has flag n pole breakout, looking bullish. Good to buy at 520 for target of 539 and 552 with sl below 507
BTCUSDT - Binance Chart Upside Breakout Price is Consolidating and the Volume is Rising.
Dredging Corp Hourly looks bullish , it has trendline breakout, Good to buy at retracement near 330 for target of 357 with sl below 318
Reliance We are looking at weekly chart of Reliance Industries - Between July 2018 - May 2020, we observe Reliance trading in 3 red downtrend channel boxes of similar time horizon - In June 2020 , we see Reliance giving a strong breakout above the red trendline - thereafter we have seen Reliance trading in 2 parallel yellow boxes Given the chart...
Today we are seeing people exiting from Call options and entering Put options. In my morning post, we had mentioned Nifty PCR at 0.72 signifying oversold conditions and that Short trade should be carefully taken. We had mentioned the level to short and accordingly given exits also. We had highlighted the level of 17096 in morning to short and at lower levels...
Aurobindo Pharma 21 day EMA around 528 63 day EMA around 543 252 day EMA around 623 One may consider to buy the stock for target of 580 - 588 / 618 - 622 Keep a SL at 525 Take care & safe trading...!!! Disclaimer -The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can...
NSE:GAIL showing possibility of triangle pattern breakout/breakdown on weekly/daily timeframe, keep close eye on it.
Aptech Ltd Daily has Inverted head n shoulder breakout with 200 ema support on daily candle. Good to buy at 284 for target of 371 with sl below 260
Grasim formed an inverted " HEAD AND SHOULDER PATTERN " and the first target of 1700 is achieved. Now it's trying to cross the zone 1650 - 1700. Thus the Volume in Grasim looks good near the resistance level of 1700. BUYING - 1704 or above we can look for buying and a morning 5min candle should close above 1700 will give a good rise. - we can look...
Disclaimer: I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
Asian Paints - After 3 Black crows candle stick pattern, recovery in the stock has been tepid so far - The tepid recovery is also due to rise in crude oil prices during the same time. - Given the setup, one may consider to sell Asian Paints 3500 Call Option around 50 (October series) Keep a close watch if Asian Paints closes above 21 day EMA ( currently...
Venuspipes has Flag and pole breakout in hourly timeframe. Looks good to buy at 609 for target of 663 with sl below 568
ZydusLife daily - Inverted head n shoulder BO, reversal spotted. with 200 ema support on daily candle Good to buy at 413 for target of 512 with sl below 388
USDCHF WILL GO UP TP IS 1.1000 Current Rate is 0.9900 1100 PIPS of net GAIN SL 0.9450