PHILIPCARB | Trendline breakout & Retested the zone - 60%
Its not the trendline giving me the conviction in this trade, it is the support zone (Marked)
CMP : 188 (Dip 175)
SL : 160
Target : 285
1:9+ risk reward setup
Big trade - Hence trade with patience.
Current position is LONG on August-21-2020 at 11375
=====================================================================
Action for 31 August 2020: Continue to hold LONG and reverse to Short if NIFTY closes below 11646
All Values are for September 2020 Future
Profit as of now 308 points
Trade as per your risk profile and use these for educational purpose....
Current position is LONG on August-21-2020 at 11375
=====================================================================
Action for 28 August 2020: Continue to hold LONG and reverse to Short if NIFTY closes below 11553
All Values are for September 2020 Future
Profit as of now 215 points
Trade as per your risk profile and use these for educational...
Current position is Long bought on August-21-2020 at 22149
=====================================================================
Action for 26th August 2020: Continue to hold Long and reverse to Short if BANK NIFTY closes below 22895
BANKNIFTY
All Values are for August 2020 Future
Profit as of now 941 points.
Trade as per your risk profile and use these for...
Current position is BUY bought on August-18-2020 at 21936
=====================================================================
Action for 20th August 2020: Continue to hold long and reverse to short if BANK NIFTY closes below 22145
NSE:BANKNIFTY
All Values are for August 2020 Future
Profit as of now 376 points.
Trade as per your risk profile and use these for...
Current position is BUY bought on August-17-2020 at 11224
=====================================================================
Action for 20th August 2020: Continue to hold Long and reverse to short if NIFTY closes below 11379
All Values are for August 2020 Future
Profit as of now 203 points
Trade as per your risk profile and use these for educational...
Current position is SELL sold on August-14-2020 at 22121
=====================================================================
Action for 18th August 2020: Continue to hold short and reverse to long if BANK NIFTY closes above 21936
[s ymbol="NSE:BANKNIFTY"]NSE:BANKNIFTY
All Values are for August 2020 Future
Profit as of now 336 points. People who have...
Current position is BUY bought on August-17-2020 at 11224
=====================================================================
Action for 18th August 2020: Continue to hold Long and reverse to short if NIFTY closes below 11239
All Values are for August 2020 Future
Profit as of now 56 points
Trade as per your risk profile and use these for educational...
Current position is SHORT sold on August-12-2020 at 11320
=====================================================================
Action for 17th August 2020: Continue to hold short and reverse to long if NIFTY closes above 11224
All Values are for August 2020 Future
Profit as of now 133 points
NSE:NIFTY
Trade as per your risk profile and use these for...
Current position is SHORT sold on August-12-2020 at 11320
=====================================================================
Action for 14th August 2020: Continue to hold short and reverse to long if NIFTY closes above 11345
All Values are for August 2020 Future
Loss as of now -3 points
NSE:NIFTY
Trade as per your risk profile and use these for educational...
Current position is SHORT sold on August-12-2020 at 11320
=====================================================================
Action for 13th August 2020: Continue to hold short and reverse to long if NIFTY closes above 11343.3
All Values are for August 2020 Future
Profit as of now 5 points
NSE:NIFTY
Trade as per your risk profile and use these for...
All values are for NIFTY AUGUST Future values and NOT Spot.
Current position is SELL sold on 29 JULY 2020 at 11249.38
==================================================================================
Action for July 31 JULY 2020: Continue to hold Short and reverse to BUY if NIFTY closes above 11143.65
Profit as of now 164 points
These numbers are...
Current position is SELL sold on 10 JULY 2020. @ 10781.57
for July 17 2020 Continue to hold SHORT and reverse to BUY if NIFTY closes above 10751.52
Profit as of now 83.66 points
NSE:NIFTY
Last 3 position performance
Guys give me a like if this worked for you.
1. BUY : With a profit of 386 points (1st July to 8th July 2020).
2. SELL: Loss of 54 points...
Key Observations-
1. Rising Wedge Breakdown – A rising wedge Is formed when price consolidates between upward sloping support and resistance lines. If it forms during a downtrend, it could signal a continuation of down move. This same pattern is noticed in nifty and breakdown happened on 4th of May 8, 2020. After breakdown nifty managed to remain below trendline...
BANK NIFTY shows strong support at 27800. 27800 level is very strong due to multiple support levels are in the same region. BANK NIFTY expected to move into retracement zone and reach target mentioned below. Price movement marked in charts.
Price will touch 28000 then bounce back to target. The ideal place to buy call is around 28000
Target 1: 28908
Target 1...
Weekly Supertrend in the green = bullish
Daily William%R coming back from oversold range = bullish
Stock bouncing back from 50% retracement level = bullish
ADX above 30 = momentum
Buy with a stop at 541 for the target of 640 and above
