Buy above 11.85 for 0.25,0.7.1.5+++---
Sell below 11.45 for 0.25,0.7.1.5+++---
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy above 1310 for 7,15,30+++
Sell below 1297 for 7,15,30+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy above 443 for 3,7,12+++
Sell below 435 for 3,7,12+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy above 365.5 for 2.5,7,15+++
Sell below 361.5 for 2.5,7,15+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy above 1320 for 8,17,30+++
Sell below 1300 for 8,17,30+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Axis bank broke out of a trend line which it has been holding since May and taken a retracement. Possibility of down trend.
.
Reason to short:
1) Major Breakout in daily time frame as well.
2) Multiple Retracement ends up in downwards momentum (M-Pattern Formation: Showing down trend as well).
.
RR ratio should be calculated and trade should be taken accordingly.
Buy Cipla Future has retraced 30 percent from August High's . It is consolidating around 710 where it has made a low of 709.40 today and previously of 710 on 31st august from where it went up to 754.
Profit : max profit =45 *1300=58500
Loss : 12 rs =15600
The parallel trend channels typically mark the upper and lower boundaries of impulse waves, often with dramatic precision. Wave 1 and wave 3 are in sync with Elliott's rule which means formation of wave 5 is clear here. Wave 5 with uptrend and clear increase in its volume shows possible penetration into uptrend.
Possible up move will see around 78,in failure case...
the call writing is now shifted to 1800 with high OI.
The 20 and 200 day moving average is converging at these levels last see in 2009 and 2015.
Now we see strong support at 1720 which corresponds to 23.6 percent fibb levels.
If it comes close to these levels take a strict stop near 1705 and risk reward is favorable for this trade and also depends on how the...
see strong support at 687 levels and this could slide down with a gap down due to market conditions and IT is a sector to be in this condition.
wait for a fall and go long with a tight stop at 687. We see high call unwinding at 720 strike level and the next active strike level is 750.
763 correlates to 1.618 Fibonacci level.
very weak stock and could see it slide towards the 50% retracement at 485.
The put call ratio translates to about 1.1 and see massive selling in bharthi from last week.
We could see high amount of put writers at 500 level but nothing compared to the the call writers.
550 call positions at 57.5 lacs an increase by 8% and also see massive increase in OI at 500...
Buy Infosys at current level 976 , stop loss at 958 for a target of 1024 . Its waiting to break 52 week high . RSI is increasing and will move till 75-80 where you can book your profit . It index is supporting after yesterday's rally stock is in uptrend and making higher highs and lower lows .
Price trading at a very crucial zone.
A fall below the marked demand zone would open up shorting opportunity.
Long can be initiated here if demand zone is respected.
Whichever side trade is presented SL is very near and hence good RR ratio.
My bias is currently long as a lot of factors support it. But market is supreme and one shall trade when trade is...
Godawari Power held the Fibonacci Ratio Support zone-- 287.50-275 and shaped up in beautiful Pennant Continuation Pattern.
Decreasing volume pattern seen during Pull Back.
If support breaks then consider my setup bust.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your...
DISCLAIMER:There is no guarantee of profits or no exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while investing/Trading decisions.
Past performance is not an indicator of future returns. Investment is subject to market risks.
Seek help of your financial...
