BANK NIFTY SEP FUT Analysis BANK NIFTY SEP FUT Analysis.
Explained in chart please see the chart and try to understand.
Educational
ACC LTD on bullish trendACC stock on very bullish trend & RSI Divergence is also on bullish mode. Today stock has given the BO of 1340 level & closing of the stock is also above the 1340 level. Long entry can be taken above the level of 1360 for the next target price of 1410 with the SL of 1315. So add the stock in your watch list to see the price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Just Dial share on bullish mode .Stock of just dial is on bullish mode & trading near the resist level of 380 . After the BO level of 381 long entry can be taken for the next level of 405 with the SL of 364. RSI level is also on the bullish level. So add the stock in your watch lsit for further price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
IBHULSGFIN stock to take for longIBHULSGFIN stock on daily chart is in uptrend & forming the double bottom pattern. After the BO of Resist level of 230 in the upcoming session long entry can be taken for the target price of 255 with the SL of 216 . So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Grasim share to take long entryGrasim stock in all TFs are in uptrend & forming the higher highs. Now after the level of 630 we have seen good BO , Now again stock is trading in the range . Long entry can be taken above the level of 688 for the target of 710 with the SL of 672. Positive divergence has also seen in the charts. So add the stock in your chart to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Whilrlpool stock to take fo rlong entry.Stock of whirlpool is forming the pole & Flag pattern on the charts. Buying range above the price of 2270 for the next target price of 2310 with the SL of 2249. Once stock cross the level of 2315 with momentum BO we can get expected more upwards movement in the stock. So add the stock in your watch list for price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
TATAELXSI stcok on bullish mode.TATAELXSI stock is on bullish mode & making higher highs and in uptrend. stock is also taking the minor pull backs & trading above the 20 EMA levels . Long entry can be taken above the level of 1075. conservative traders can take entry after the BO level of 1085 for the next level above the 1100 with the SL of 1058. In this uptrend please trail the SL of 1055. so you can maximum gain the uptrend moment as stock will going to form the another life time high.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
HDFC Trade Setup & Trend Analysis !TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
August Series Option can be traded.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
SBI life insurance to be taken for long entry.SBI life stock in side ways zone in some time. Now today we have seen bullish candles appeared in the charts above the support area. Also a curve pattern is forming which is again the bullish sign. RSI is also forming the PCD again the bullish sign. Long entry can be taken above the level of 865 after the clean BO of the TL as marked in the chart. Target we can set the level of 890 with the SL of 854. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Marico stock in bullish mode.Stock of Marico is on bullish mode at all TFs. Now stock is forming the double bottom pattern . After the neckline and as well as resist level broken a very good buying opportunity will be formed. Buying above the level of 379 for the target level of 405, if stock able to sustain above the level of 405 so we can see the next level of 415 very soon . SL can be kept at the level of 368. So add the stock in your watch list to see the price action movement of the stock. This would be life time high of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Mindtree stock in bullish modeStock of Mindtree is in very bullish mode & trading near all time high. Stock is again going to touch the 1210 level soon. Buying level of the stock is above 1175 & safe players can buy the stock after the trend line break out above the level of 1180. Stock is taking the minor retracement at the current level. if stock able to break the level of 1215 then shortly we can see the level of 1250 soon.So add the stock in your watch list to see the price action movement of the stock. if
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Lupin stock to take long entry.On Weekly & daily chart Lupin stock is in uptrend & forming the higher highs. As marked in the charts ATP formation now after the BO level of the trend line above the level of 992 we can take the long entry for the next target price of 1031 with the SL of 975. RSI level is also showing the bullish mode. Earlier BO level above the 935 is given with the very strong move. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
How to trade pullbacks?Pullbacks can be traded using various methods. In this post, there would be 2 ways in which I like to trade pullbacks.
The first one is depicted on the left side. It is the orthodox way of trading pullbacks. Method includes Fibonacci retracement and exponential moving average( period 21 is what I use, you can change it according to your preference). Fibonacci levels can be drawn by selecting the Fibonacci tool, and selecting the two major swing points, in this case A and B. Once they are drawn, there will be various Fibonacci levels such as 0.236, 0.786 and others. If price takes a support(during bullish trend) or resistance(during bearish trend) at the 0.382 level or 38.2% of retracement, then the original trend is assumed to be very strong and price would usually continue the previous trend. For me, I prefer the 50% and 61.8% retracement, as price usually takes support at this zone more frequent in the market and it is pretty rare to find a stock retracing at the 38.2% level and bouncing back. Using EMA 21 and finding a sign confirming the original trend of the market, such as a bullish pin bar during an uptrend and vice versa, near the Fibonacci levels can be a great confluence of two indicators and can be taken as a confirmation to go long or short in the respective trade. At the point marked as C, this type of confluence should be found. Let's suppose you are not confident at taking trades so early and so another type of confirmation could be an upthrust candle, matching the trend( that is, a bullish upthrust when the original trend is bullish and bearish downthrust when the original trend is bearish), can be a great confirmation before taking the trade.
The second method is using fibonacci against the trend. I will use the image 2 as a reference. Instead of connecting the points D and E, in this method, you will connect points E and F, which is also the retracement part in the bigger picture of the original trend. Wait for a breakout above the 50% and 61.8% zone, then wait for a retracement towards the same Fibonacci levels and then look for confirmations as highlighted above, near the yellow zone, and then enter the trade. This method gives a little lower risk to reward as compared to the first strategy. There are some downsides to this method. First, you are entering the trade much after the first method, as in the first method you are entering when price is bouncing from the F , but in this method, you are waiting for the price to make another swing inside the original bigger swing, and then enter with a smaller pullback inside the major trend. Accuracy of this method is higher than the previous method. Risk to reward isn't in your favor as some of the reward has been lost in the form of the move from F to H. In any of the above methods, price can move in a manner similar to where the red arrows are moving, that is, price can move lower even after showing some signs of continuation of the trend. This is the risk which a trader should be willing to take or else you will miss out on the opportunities.
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IOC short term setupIOC is looking weak, in terms of price and volume correlation. It was consolidating in a range and then gave a break out of the range on 19th August. The volumes, then, were above the 100 DMA, suggesting some sort of strength from the buyers. After that breakout, price did continue to move higher, and volumes did expand as the price moved higher. But in the last 2-3 sessions, there have been various strong signs of sellers entering IOC, in form of bearish candles on back of volume expansion. This volume expansion has been more than the volume expansion during the bullish phase, suggesting supply is greater than demand. I will personally wait for more confirmation, such as bearish engulfing candle on back of volumes, to initiate any type of short trade. Another confirmation is the break of the upward trendline, marked with the callout box. Another decisive level is 90.5. There have been signs of supply near this level, as price has reversed from the level many times. If this level is broken with strength, then this would be a sign of supply being absorbed by buyers that are stronger than the sellers. If this were to happen before the trendline is broken, then the short trade setup should be cancelled, and the trend will continue to be bullish. Upside target would be 94.85 and downside target is 84.85. Risk should be managed according to your personal risk appetite.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefull!
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Apollo hospital to be taken for long entryStock of Apollo hospital is in uprend . Now in uptrend stock always try to find the buy opportunity. Stock is taking the pull back before going to upwards. Buy above the level of 1704 for the next target price of 1760 with SL of 1680. RSI divergence is also good. so add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
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FLAG = Impulse + Correction - "Learn More Earn More" with usFLAG = Impulse + Correction - "Learn More Earn More" with us
What makes the chart interesting today is that:
. GBPAUD challenging the 1.8415 ~ 1.8450 resistance zone.
. Min 450 pips room to run. A break above 1.8450 could push the pair to its 1.8900 previous areas of interest.
. A rejection at the Flag range resistance, however, could lead to another retest of the Flag’s support.
Will the GBP see an upside breakout against the AUD ?
No one knows it! We have to wait and see!
IMPULSE + CORRECTION in Gold - "Learn More Earn More" With USThe market makes an impulse then makes a correction before making the impulse again.
Bought SHREECEMENT --- 4 hrs Chart Analysis 1. A clear support zone
2. go long @ 21455
3.keep eye on comment box regularly
