Ujjivan Fin cmp 246.85
We can see 263 was am implortant area which it failed to cross...
also stock went down and gave a retrace bounce...
looking at last three candles,
we can see an evening star in it ...
so keeping 256 as a sl,
i would be looking some decent downside in it ...
Chart is for study purpose only!!!
Looking at SRTF
CMP 706
SL of 690 in hrly closing basis,
it can move up to complete its C wave...
if it stays below 690 , one can expect some more fall
Chart is for study purpose only!!!
TRADE PLAN
Sell
11500(CE+PE):-2
10700(CE+PE):-2
Buy
11700 CE: +1
10800 CE: +1
11400 PE: +1
10500 PE: +1
Net credit +210
Max Profit 8243
Max Loss 6758
Break Even 10590,11610
Margin Required 1.40 L approx.
POP 89%
ROI 0.83%
What I had thought as the top of the third way turned out to be only half of the actual third wave. Third wave was extended! And I could not get an entry. While, again, the overall idea held, I could not get an entry. Entry only at market going forward.
Long Term: In the long term, the key observation is that NIFTY seems to have broken 1.618 levels from Wave 2....
Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
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Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
Please support us to...
BANK NIFTY WEEKLY OPTION STRATERY
TRADE PLAN
Sell
22000(CE+PE):-2
23500(CE+PE):-2
Buy
21600 PE: +1
22200 CE: +1
23300 PE: +1
23900 CE: +1
Net credit 446
Max Profit 6187
Max Loss 3814
Break Even 21753,23747
Margin Required 1.01 L approx.
POP 69%
ROI 1.18%
Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
Please support us to...
Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
Please support us to...
NSE:BANKNIFTY
(FOR LEARANING PURPOSE ONLY)
If price opens above CPR & forms a BULLISH opening range ,go long with Target 23420
if price opens below CPR & forms a BEARISH opening range ,go short with Target 22400
Apollo Hospitals seems bullish along with other hospital/pharma labs companies
Reasons for long:
1) Long as per Elliott Wave 5th wave, in uptrend with a strong movement today
2) Above Fibonacci resistance, can continue up-move
3) Pharma/Hospitals are in overall up trend
4) Buy above
4) Targets essentially: Target 1: 1,535; Target 2: 1,550: Target 3: 1,584. SL:...
Hi guys, starting a weekend series where I will pick 1-2 buys and 1-2 sells for the coming week.. but of course there will be some pick through the week for intraday purposes as well.
Reasons for long on BEL:
1: Tweezer bottom on BEL at a strong support zone (level is drawn in the chart)
2: Strong ending after taking the strong support, so we can expect a good...
Keep taking profits off the table
Study 1(Follow up)
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Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
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Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
BEL broken out of contracting triangle and moved like a rocket. Currently in 4th Elliott wave which is corrective in nature. All bonce towards 99 short opportunity with SL 100.2 target 96.4, 95.3, 91.7, 90.90
Disclaimer: All levels pointed on chart are forecast based on mathematical Calculations or chart based technical analysis which may or may not true. This...
