POSITIONAL TRADE IN BANK OF INDIA MARCH (FUT)POSITIONAL TRADE IN BANK OF INDIA
MARCH FUT
DOUBLE FORMATION VISIBLE ON DAILY CHART
CLOSE ABOVE 91+RISE IN OPEN INTEREST WOULD LEAD TO 100
BUY@91
STOP@88
TARGET@98-100
LOT:6000
QTY:1
Double Bottom
Double Bottom : Good Risk to Reward TradeAshok Leyland has formed double bottom and showing signs of reversal. It has a reasonable PF catching the price frequencies and is available on the LML offering a good entry. It has formed a double bottom with divergence on MACD which is quite reliable setup. Heiken Ashi has turned to Green also. One can buy the stock with the following details
Entry current Price 79,50
SL 77.4
Target 86.25
Risk/Reward Ratio above 3.21
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Nifty - Modified Bullish Alternate BatFirst Sell - Later Buy
12:56 Hrs / 31st Jan 2019
Last Price@10749
Do read the update carefully & manage your risk while trading. As trading derivatives is highly risky.
Facing Resistance Above 10750 levels & Suggested in all the status updates that we shall be careful in 10730-10750 zone & holding above 10750 only we will look for 10790-10800 next resistance zone.
Trading Strategy
Plan A
Below 10750 - We shall look for a fall close to 10585-10550 zone downside
Plan B
Buying Later if Nifty Halts in PRZ (Potential Reversal Zone ) - 10550 -10585 zone
Plan C
Harmonic Pattern is violated but we will plan to buy if 10525-10535 provides support for upside target 10750-10825
Plan D
Plan to Buy close from 10500 if goes below 10525-10535 zone for same target upside as mentioned in Plan C above
Auropharma - Modified Alternate Bullish Bat
Nifty -Waves -Magic of 10800- Is This Ending Diagonal/Wedge?Trading Strategy
Magical level 10800 was the level identified on 23rd Jan 2019 as per status update - took a risky call in between 10840 - 10850 with strict stoploss -10865
Remember -
If you are trading -you will lose -no doubt but If you are trading & don't know what you are trading - you will lose all!
Plan A
Wait for some correction if index opens with gap up & initiate or execute your buy somewhere between 10865 -10880 - Stop loss is 10800 ( Stoploss is big- If not comfortable- do not trade)
PlanB
Sell only below 10800 or Sell in the resistance zone 11025 - 11050 - Coming with stop loss is tough at the moment
Thanks for watching the video and your precious time.
GSFC Short term view- Bullish1.Indicators are showing bullish signals.
2.Double bottom pattern formed and breakout done.
3.Weekly MACD crossover may happen on upcoming weeks(If weekly closing above 116,it may go further upside)
Vijayaraghavan.K,
Kovilpatti.
Rattan Infra made double bottom with bullish divergenceRattan Infra made double bottom with bullish divergence.
Double Bottome Reversal !Nicely formed double bottom pattern gave breakout and and trading decisively above the neckline. One can buy the stock now for a double bottom pattern target of approx 1900. which offers a reasonable Risk to Reward trade. RSI above 50 is also confirming the trade.
Entry 1810
SL 1770
Target 1880 - 1900
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Double Bottom Reversal good RR tradeThe stock seems to have reversing the downtrend. It has formed double bottom with higher RSI reading and now trading above the Neckline. It is offering a good Risk to Reward trade as details given below
Entry 221
SL 212
Target 250 - 253 - 259
RR Ratio : 3
RSI is also confirming the trade decsion.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
DOUBLE BOTTOM BREAOUT ON THE VERGE IN BEML NOV FUTDOUBLE BOTTOM BREAOUT ON THE VERGE IN BEML
WAIT FOR IT
NOVEMBER FUTURES
BUY@640
STOP@620
TARGET@700
LOT:500
QTY:2
BREAKOUT OF DOUBLE BOTTOM PATTERN IN ESCORTS IN NOV FUTBREAKOUT OF DOUBLE BOTTOM PATTERN IN ESCORTS
NOVEMBER FUTURES
BUY@675
STOP@660
TARGET@720
LOT:1100
QTY:1
JUST DIAL - DOUBLE BOTTOM - TARGET 545 / 570 / 590++Double bottom formed at 420. Neckline at 520 around.
Big Surge in volume today in the candles testing the breakout level. (Confirmation)
Buy @500
SL 465
Target 545/570/590+
POSITIONAL TRADE IN APOLLO TYRES NOV FUTPOSITIONAL TRADE IN APOLLO TYRES
NOVEMBER FUTURES
CLEAR DOUBLE BOTTOM FORMATION
VOLUME PICTURE NOT SHARED
BUY@215
STOP@200
TARGET@250-60
QTY:3000
IF FEARING THE FALL CHOOSE OPTIONS
BUY 240 CE@2
TGT @8
QTY:3000
