Indus Ind Bank 04 Jul 20 Consolidation range – 530.45-461 and further compression in price is likely with decrease in volume. Possible breakout to the upside can be witnessed in the coming days. Trade Plan: Buy – 515.85 Target 1 – 558.45 Target 2 – 582.60 Target 3 – 615.55 Strict stop below 445.75 R:R – 1.42:1 @T3 Be Proactive Trader Better Insight, Better...
NSE:LUPIN Lupin is still in correction till 859 level to 849 odd levels. Traders can check my previous post on Lupin
OANDA:XAUUSD Next Potential Target till 1857 to 1882 odd levels.
Trade closed near 3400 with nearly 30% gains.
Entry on any dip 2621 SL 2370 (9.5%) tgt 3435 (31%). Please check rest all analysis in chart. Like, Comment and Follow
SBIN closed just below the support at 188 after testing it for greater parts of the trading session today. BANK NIFTY also closed higher than previous weeks but could not break the resistance, which is why the stock's upward movement was arrested. The overall view is bullish with Elliot Triangle wave pattern for a bullish market as shown on chart. Holding...
Trend-base fib retracement major and minor EWT R 10844 for wave 5th. => 4W should not overlapped 1W: intentionally ignored from past research. More detail: ----------------------------------------------------------------- timeCycle, fall expected date 8th/9th July 2020. As per PRICE ACTION, gap up can be seen and then a reversal. History is going to repeat...
If doesn't break 10350 then 10697 target in couple of sessions. Otherwise consolidation in 10250-350 zones. Below 10350 close on 15 min chart gap 10288 will be filled. Just my analysis not recommendation for taking any position :)
Stock made its explosive move towards 1.618 fib level 380 from wave 2 and completed 3rd wave, extension 2.618 (478) is less likely. So fall to 0.382 or 0.5 fib levels expected in coming sessions. Sit tight and wait for entry near 315-295 target 400 Stop loss
Can expect reliance to reach 2000 levels very soon. Chart is for educational purpose only.
nifty broke the upper trendline. Can go upto 11000 in next week.
RBL BANK – 06 JUL 20 ONWARDS Support seen around 162.90-155.55 levels, if the said support held retesting of the previous high of 24 Jun 20 which stand @ 206.35 seems achievable Trade Plan: Buy(Half Qty) – 181.85 Buy(Half Qty) – 175.65 Target 1 – 192.95 Target 2 – 206.35 Strict stop below 159.30 R:R – 1.76:1 Be Proactive Trader Better Insight, Better...
Trade Plan: Buy – 22049 Target 1 – 22480 Target 2 – 22998 Strict stop below 21736 OPTION STRATEGY Option 1 Sell 21800 PE+22900 CE - 477 Buy 21500 PE+ 23200 CE - 314 Net credit 163 Max Profit 3260 Max Loss 2740 Break Even 21637-23063 Margin Required 34K approx. POP 51% Option 2 Sell 21800 PE 387 Buy 21400 PE 226 Net credit 161 Max Profit 3212 Max...
This week is very very important. It is almost as if the market closed last week at a cliffhanger. Divergences in oscillating indicators have started to show up indicating a possible end of rally. A sustainable close reasonably above 10,500 would mean that the bullish market we have been seeing for the past few months is not just a correction to the sharp decline...