# 100% retracement level of Blue marked cycle
# Confluence with 38% retracement of Wave ((3)) Black
Good Buying and support zone
Expected Now to give at least a bounce to 50% retracement of immediate cycle ((c)) black upto 1250-1300 level
NSE:HDFC
Observations:
1) On 1hr time frame, we can see that it gave breakout of channel resistance and it below the range of 2750-2765.
Breakout of this range can give up move.
Please refer below chart : 1hr Time Frame.
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Trade Setup for 13-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it...
NSE:NTPC
Observations:
1) On 1day time frame we can see that today it closed above the high of 4th Jan candle but failed to close above previous day's high.
If it sustain above 134 then we can see up move.
Please refer below chart : 1day Time Frame.
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Trade Setup for 13-01-2022
1) Don't Jump in to trade at the...
NIFTY Intraday Trade Setup For 13 Jan 2022
Buy-Above 18230
Sl-18195
T-18300 18342
Sell-Below 18150
Sl-18180
T-18080 18000
NIFTY has touched and sustained 18200 in today's trading session. There was no good trade in today's market as it opened with a big gap up.
There was only one small trade when it formed double bottom and breakout came after 10 o' clock above...
NSE:SIEMENS
Observations:
1) On 1hr time frame, we can clearly see it came out from the falling channel and now it gave closed in range of 2345-2360. which is working as resistance and support.
Breakout of this range will give good upmove.
Please refer below chart : 1hr Time Frame.
2) On 15min time frame, we can see that it has made inverse head and...
NSE:NIFTY
Trade Setup for 13-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or...
NSE:BANKNIFTY
Trade Setup for 13-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up...
Hello Friends I am Back after a week Long Snowy Vacation to Kashmir
In continuation with previous view, I mentioned as a detour it may breach 17241 level and if so we will revisit wave count. It did and now we have rearranged the wave count, However our overall view still remains same that Nifty is expected to give Downside unless it breaks 18604.45 ...
At current levels the market participants are almost equally split between whether BTC is in a bull market or a bear market with either side making their valid assumptions on why they believe the trend is firmly up or down.
This is a purely educational thread suggesting that while the long term Bitcoin trend is firmly up, it could be at the fag end of a 'running...
NSE:NIFTY
Observations:
1) On 15 time frame, we can clearly see that it is in between resistance and support range.
Breakout on either side will give directional move.
Please refer below chart : 15 min Time Frame.
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Trade Setup for 12-01-2022
Most of levels and trade setup is same as per previous.
1) Don't...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most...
NSE:BANKNIFTY
Most of all the levels and trade setup remains same as per previous.
Trade Setup for 12-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support,...
According to the Elliott wave principle, AB capital has finished the corrective wave ((iv)).
Price carrying on the impulsive wave (v), yet traders shouldn’t take the position without a proper signal.
If the price breaks wave (X) , the price will surely make a new high because it will give evidence of the impulsive move.
Price may take retracement as wave x...
Trade plan for HDFC Ltd in this Blood Bath
In my view we have completed a 3 wave correction move down ward for shorter cycle. which is 100% from its recent TOP made on 15 NOV
As a follow up discussion with our view presented yesterday in NIFTY and Bank Nifty we are discussing the Alternate possibility along with sticking with present view and trade plan.
WISH YOU A HAPPY TRADING
Disclaimer:
We are not SEBI registered advisory and views presented are personal views and if you want to trade based on these views please consult with your...
NSE:BEL
Observations:
1) On 1 day time frame, we can see it just took support from 50DMA.
50DMA is immediate supprot and is placed at 208.57 level range.
Please refer below chart : 1 day Time Frame.
2) On 15min time frame, we can see formation of double bottom pattern.
Breakout level range is 211.55-212 level.
If it gives breakout of this range then...
NSE:TATAMOTORS
All the levels and most of trade setup is still same as per previous.
Trade Setup for 11-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support,...
![HDFC: Simple Trade Setup | HDFC | 13-01-2022 [INTRADAY]](https://s3.tradingview.com/f/Fz9bv35n_mid.png "Simple Trade Setup | HDFC | 13-01-2022 [INTRADAY]")
![NTPC: Simple Trade Setup | NTPC | 13-01-2022 [INTRADAY]](https://s3.tradingview.com/t/t1hkllLr_mid.png "Simple Trade Setup | NTPC | 13-01-2022 [INTRADAY]")
![SIEMENS: Simple Trade Setup | SIEMENS | 13-01-2022 [INTRADAY]](https://s3.tradingview.com/f/FGhtSkhW_mid.png "Simple Trade Setup | SIEMENS | 13-01-2022 [INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 13-01-2022 [INTRADAY]](https://s3.tradingview.com/v/Vy5zBBUz_mid.png "Simple Trade Setup | NIFTY | 13-01-2022 [INTRADAY]")
![BANKNIFTY: Simple Trade Setup | BANKNIFTY | 13-01-2022 [ INTRADAY ]](https://s3.tradingview.com/9/9P8T94b5_mid.png "Simple Trade Setup | BANKNIFTY | 13-01-2022 [ INTRADAY ]")
![NIFTY: Simple Trade Setup | NIFTY | 12-01-2022 [INTRADAY]](https://s3.tradingview.com/s/SrNLYyH2_mid.png "Simple Trade Setup | NIFTY | 12-01-2022 [INTRADAY]")
![BANKNIFTY: Simple Trade Setup | BANKNIFTY | 12-01-2022 [INTRADAY]](https://s3.tradingview.com/h/HBDuDT5d_mid.png "Simple Trade Setup | BANKNIFTY | 12-01-2022 [INTRADAY]")
![BEL: Simple Trade Setup | BEL | 11-01-2022[INTRADAY]](https://s3.tradingview.com/u/uZNParfl_mid.png "Simple Trade Setup | BEL | 11-01-2022[INTRADAY]")
![TATAMOTORS: Simple Trade Setup | TATAMOTORS | 11-01-2022[INTRADAY]](https://s3.tradingview.com/i/IhGZnsIO_mid.png "Simple Trade Setup | TATAMOTORS | 11-01-2022[INTRADAY]")