Risk: - 41 pips Profit: +7 pips Profit/ Risck Ratio: +17 % Theoric Probability: >70% Actual Probability: + 92,8 % Total Gain: +405 pips
NSE:DRREDDY is at the bottom edge of the descending traingle. Levels and zones are marked. Trade accordingly. Cheers !
CMP - 194. Broken downward trendline today with huge volume. Also possible to break and stay above black line. Yellow lines are previous occasions of this volume. Keep this stock in watchlist. Thanks.
Hi guys, whats' up ? Hope you're having good trading lately. So, here I am to draw your attention towards BankNifty which is making all-time record highs. If you study the chart, you'll find it's the 5th time we have reached this level, since when we first reached here in Jan 2015. And this time, we got a big gap up and a red candle down. I have drawn...
Here, is a potential short setup . I'll go short on PNB tomorrow , only below 145 , if it stays above it, no trade entry. If it's below at 144, I'll go short : A part for intraday, where I'll keep 1 point stoploss and target according to movement. And the other part for positional, where stoploss would be 151 ( 7 points ) and target 132 ( 14 points )...
Here's a potential long setup . CMP - 513.55 Buy close to 509, whatever market gives. SL - 505 ( 4 Rs ) Target 1 - 518 Target 2 - 531 This is according to a strategy I learnt in an expensive professional course. Let's see. Thanks.
NSE:TATACOMM has entered yet another zone , following which may stay out of the zone for quite some time. A good upward thrust recently but as in the past, could be followed by down move.
NSE:MRF has been trading in a range starting October and yet again reversed from highs. If the supply zone stands good, it should go down to the previous swing low. Otherwise, if it breaks the rectangle upside, we might see action on the long side.
NSE:TATACHEM is in an uptrend and as you can see, looks like may climb upto the levels of previous resistance if the lines hold up. Cheers !!
NSE:LICHSGFIN has bounced off from the support zone with a strong bullish bar and good volumes. Watch for how it reacts when it meets the trendline.
NSE:COALINDIA is heading towards 3rd touch of the trendline. A strong bullish bar with good volumes and also rejection wicks of recent bearish bars; accompanied by 50 DMA signal a probable upmove after consolidation of the prior strong upmove. CMP- 313.55 Exit below 310. Target 320-325 according to line.
NSE:TATACOFFEE has given a 50 SMA breakout with huge volume. The stock should be in action in the coming days. Trade ideas are welcomed by fellow traders.
Here, i have identified a potential long setup in JetAirways. It's a short-term positional trade. CMP - 378 Date - 6 Feb 2016 I have written notes on chart to help you trade. Thanks. Will be updating you. Regards.
NSE:CIPLA is at an important support tracing back to 2014. It's currently trying to overcome it and has a positive market structure with good trend strength. As you can see it is having 2 rising wedges forming, a smaller one inside the bigger one . Indicating a very good sign of bullishness. One should expect upside and look for long trade opportunities.
Here, in this chart, you can see the zones important for banknifty in upcoming days. Currently, is above the 50 DMA approaching previous resistance. An upper trendline will halt the move if it trends upwards.
NSE:CAIRN is around long term resistance levels . Trendline support supported with volume may give breakout. Otherwise, keep an eye on trendline break
Continuing from the awesome prediction of nextgen sir ( see in related ideas ) ; maruti suzuki has again faced resistance at that level with full down candle. Short trade can be placed with the high of the candle + cushion as stoploss.
NSE:AXISBANK has convincingly broken the 50 day moving-average preceded by a strong pin-bar. Now the levels near 485 should be watched as it should prove decisive for further trend of the stock.