CALL-3
POSITIONAL CALL IN SUNPHARMA
SEPTEMBER FUTURES
LONG-TERM RANGE BROKEN
DOWNWARDTRENDLINE BROKEN
NEW RANGE ENTERED FROM 588-TO 723
BUY@655
STOP@620
TARGET@715
LOT:1100
QTY:2
NOTE IF ONE CAN CREATE LONGS IN OPTIONS
I WOULD SAY ITS THE RIGHT TIME
BTST IN INFY
SEPTEMBER FUTURES
DOUBLE BOTTOM BREAKOUT CALLED PLAYED-OUT
PULLBACK PLAYED-OUT
NEW HIGH TAKEN-OUT
A CLASSIC UPTREND CHART
BUY@1440
STOP@1429.5
TARGET@1455
LOT:600
QTY:2
Double bottom formed in reality sector.
W pattern or double bottom formed exactly near 0.5% retracement level
Same bottom formed in 2 times..
Very bullish sign. we can go long with same keeping same low as stop loss i.e 251.
Risk reward ratio is awesome here
Indicators are showing reversal. Daily Bandbollinger narrow range,PASR turns positive,CCI crossover,weeklly PSAR turns positive and others. That will lead to achieve the target on coming days. Pattern wise, Parallel line breakout, Inv.Head and shoulder and Double bottom are going on. Refer chart for Target and stoploss details.
Vijayaraghavan.K,
Kovilpatti.
POSITIONAL CALL IN LUPIN(OPTION TRADE ONLY)
IS IT A RANGE BREAK-OUT TRULY OR NOT DEPENDS
UPON A CLOSE ABOVE 930
IF THAT HAPPENS BEFORE 3:30 TODAY
WE ARE SEEING A TARGET OF 1100 ON A LONG-TERM
CHARTS AND WE ARE NOT LOOKING FOR THAT
WE ARE LOOKING FOR 1050
SO WE ARE BUYING OPTIONS WE WILL BE PROTECTED WITH
REVERSAL WITH AN INBUILT -STOPLOSS
BUY 1000 CALL ...
stock is at a good support level with a perfect "W" pattern formation and can be entered at cmp around 250 with a stop loss of 245 for a target of 290 levels.
Personal View for educational purpose only.
ICICI MAY HIT 400 BY OCTOBER
OCTOBER FUTURES TRADE
STOCK HAS FORMED A DOUBLE BOTTOM
ONLY THING LEFT IS TO CHECK WHETHER CLOSES ABOVE 360 ON WEEKLY BASIS
ON DAILY CHART HAS CLOSED ABOVE 360
SO FOR SHORT-TERM
BUY@344
STOP@338
TARGET@354
LOT:2750
QTY:2
OCTOBER FUTRES TRADE
BUY@344
STOP@328 WILL BE ADJUSTED ACC.TO VOLATILITY
TARGET@390
LOT:2750
QTY:5
NOTE IF PATTERN ...
POSITIONAL CALL IN HINDPETRO
IF I AM RIGHT WE MIGHT HAVE FOUND THE
CRUCIAL SECOND BOTTOM IN HINDPETRO
FUTURES TRADE
BUY@255
STOP@249
TARGET@290
LOT:1575
QTY:2
After a month long consolidation from 27 July, looks like HDFC bank NSE:HDFCBANK may have bottomed out.
The stock has underperformed for the past month even as some other banks like Axis and ICICI have made new highs.
I can see that it has taken long term trendline support around 2060 zones and also formed a Double bottom on the daily chart.
The stock also ...
1) Stock corrected from life time high to 0.38% Fibonacci level
2) made double bottom or W shape pattern with divergence
3) Trading in oversold zone
4) cross trendline
POSITIONAL TRADE IN HDFC BANK
DOUBLE BOTTOM BREAKOUT IN HOURLY CHART
PLUS DOWNWARD CHANNEL BREAKOUT
AUGUST FUTURES
BUY@2110.5
STOP@2099.5
TARGET@2125
LOT:500
QTY:2
1st and 2nd Bottom at 914 (seperation beetween the two bottom is very good I generally look for more than 25 days )
confirmation line @ 1083
expecting it to test this level again .
If it does will go Long for target of 1244
bottom A and B are false bottom as seperation is not long enough
1st and 2nd bottom is at 341
confirmation line is at 418
Went long at 418 for target of 496
