All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TOADY.
1. In previous post point no 1.( Trading plan ) Today's whole trade I depicted in my first sentence quoting for your consideration " zone 4 end will be my sl for for long side trade." If you see more than half day bnf spend long side. Since market opened exactly up of zone 4 upper end ,therefore, that...
COMPARING MY YESTERDAY STATEMENTS WITH ACTUAL MOVE TODAY.
1. In previous post on nifty I mentioned very clearly in trading plan point no. 1 is quoting for your consideration. " blue line resistance is your target. but take it seriously it can change whole trend ". You can see in fig when price reached there till 4th candle first candle high was not breached. 5th...
. There is still a possibility of temporary retracement to suggested resistance line (1.083). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. AUDNZD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Levels for closing longs and locking some handsome profit would be a good idea at this point, possibly followed by a "BRUTAL REVERSAL'' to the down side.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
LIC HSG FIN
Around 266-267 is an important level which may act as resistance
Given the setup, one may consider selling LIC HSG FIN 25 Jun expiry 280 Call option currently at 11
Max profit potential Rs 14300/- per lot (yield potential of 14% approximately) till 25 June.
More importantly, In built loss protection for rise in price up to 291 in...
We had mentioned in our earlier post that Nifty expiry might be capped at 10058 and that is where we are seeing Nifty trading on expiry day.
We already have our strategy in place.
Not expecting fireworks today. Prima facie Nifty closing likely to be...
Key Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
touched the target 6 could not sustains and falls back to target 5.
profit booking observed at high levels.
tomorrow's move critical .
unless today's high is taken out would not suggest to buy at this stage.
it seems one leg upside still left after some retracement.
it is not unusual to observe profit taking after great move.