LICI is ready for bullish rally now, We do see a range breakout in LICI and now we are expecting 10 % move in share of LICI and LICI is biggest Domestic investor in india and as per the news LICI get 40% increase in their investment from Adani group, So it will clearly impact on their profitability.
LICI : CMP : 972
TARGET 1020
STOP LOSS : 940
The market (NIFTY50) is Trading at 22150.
Do not blindly go with the buy or call side. First Market will re-test with the S4 area (21950) and then it will move towards our Target which is 22300.
It's a clear Reverse Head and Shoulder Pattern but don't go blindly in any direction. Let's wait for a retest and then enter the rally.
Another 2 Conditions:
1. If it...
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
SBIN
- The stock has seen a nice recovery over the last couple of days rising from the Budget day low of 499.35 to 567.9 today
Observations
- The zone o 560-580 is very important for SBIN
- Black Line of Resistance coincides with Yellow Downtrend Line at around 580 odd levels
- 61.8 Fib retracement level is also at 579.80
Making the current zone all more...
In the world of trading, there is a common phrase that is often used when discussing market trends: "selling on top" and "buying on the bottom" on intraday .
This strategy is based on the idea of entering in a position in a market trend in order to maximize profits while minimizing losses while market is in trend. By the way, make sure you know the trend .
When...
JUBLFOOD travelling in small range of symmetrical triangle, watchout for breakout, levels will change at the time of breakout.
Trade as per your setup and price action.
After the completion of the rounding pattern or bowl pattern from the level of 800 its continuously in the bullish form making higher highs pattern.
Now it's showing the exhaustion so we can see some profit booking here either it can move for buying if it crosses the channel right now it just breakdown the major trendline followed by it from the level of 800...
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...
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...
Reliance on weekly chart following trendline wait for retest and bounce .
DISCLAIMER : This is only for educational purpose only. do your own analysis before buying and selling.
hope you liked it.
keep it simple.
How to buy gold, stocks or cryptocurrencies at a good price in a bear market?
There are usually two trading strategies, it depends on whether the market is in a bullish or bearish phase.
The common sentiment of many people in an uptrend, they think that the market will continue to increase so they can buy at any price, leading to fomo psychology and many people...
BANKNIFTY Taking SUPPORT in Higher Time frame 1 HR You can see clearly
In a 15 MINS It is forming SYmmetrical Triangle ...If it break up you can take buy or wait for the market the symmetrical triangle to retest and take buy
or
If it is breaking down take sell or wait for the market to retest the symmetrical triangle resistance and fall lower low for sell entry
Bharti Airtel is on Crucial Level we must need to be ready for both side trade at time buy above breakout 685.15 target will be 703.40 and sell below 676.25 Target will be 658.85
Please Note : We are not SEBI Registered advisor this information we are sharing for Educational Purpose Trade as per your Risk appetites.
Thank You.
NSE:NIFTY
Be prepared for both sides
wait for 15 min candle to close if breaks above
Wait for 5 or 10 min candle to close if breaks down, because selling comes fast
happy trading
Note: only for educational purpose, I'm not sebi registered guy
NSE:BANKNIFTY
Beautiful rectangle pattern,
If breaks above in 15 min candle go long
If breaks below in 5 or 10 min go short
Happy trading
Ping me if you have any doubts (or any stock analysis)
Note: I'm not Sebi registered guy, Its only for educational purpose
