Hedge Strategy in $NSE:AUROPHARMADear Followers,
I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock NSE:AUROPHARMA I have been monitoring.
Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information could potentially be useful for your investment / hedge strategy.
If Stock Break 890-885 level then possibly we can see 870,860a and 845 level so if you are ready to take Risk then I have 2 Strategies For Month Of Sep Series that we can Deploy.
1) Buying an Option
Strike Rate= 900 PE
Buy Price= 16-17
Stop Loss= 12
Target = 23,26,30
Time Frame 7-8 Days
Investment = 17600
maximum Loss= 4500
Profit Upto = 15400
2) Hedge strategy
Stock Name- NSE:AUROPHARMA1!
Future Entry Level - Below 892
Future Stop Loss Level- 915
Future Target Level- 880,875
Option Level- For Hedge Buy 900 CE
Investment = 43000
Maximum Loss = 15000
Profit Upto = 25000
Only For Educational Purpose.
Best Regards,
Ajay Metha
Fibonacci
Can $NSE:COSMOFIRST Will Test 850 ?Dear Followers,
I hope this message finds you well. I wanted to share my swing trade view on NSE:COSMOFIRST with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy.
Stock: NSE:COSMOFIRST
Holding Time Frame: 90-120 Days
Entry Point: 670-680
Stop Loss Point : 620
Target Point: 750,800,880
I've created a chart on TradingView that illustrates my analysis. You can view it by clicking on the following link:
in.tradingview.com
Please keep in mind that markets are inherently unpredictable, and there are no guarantees in trading. This view is based on my analysis as of Dated 24-Sep-2023, and conditions may change. It's important to do your own research and consider your risk tolerance before making any trading decisions.
Feel free to reach out if you have any questions or if you'd like to discuss this swing trade view further. Your feedback and insights are always appreciated.
Best regards,
Ajay Metha
Can We See Downtrend in $NSE:BHARTIARTLDear Followers,
I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:BHARTIARTL I have been monitoring.
It appears that the stock is approaching a potential resistance level Near 930-940 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 840-830 In Downmove.
Resistance Levels to Watch out.
R1= 930
R2= 960
R3= 980
Support Levels To Watchout.
S1= 850
S2= 830
S3= 800
As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out.
Best regards,
Ajay Metha
Nasdaq Monthly viewNasdaq has almost completed the waves 1 to 4 and more likely its in a fifth wave.
If the price levels remain between the indicated blue triangle, it will not show a clear path, so for a bigger move, upward or downward it has to come out, which mostly probably in few days/weeks it is likely to come out,as it will decide next 8k or towards 16/20k
SBI LIFE Short time good Buy with still High PE.📆 Recommendation on NSE:SBILIFE for the week starting 4th September 2023
📊 Current Status:
Closing Price: ₹1327.10 📈
52-Week High: ₹1374.00 🏔️
P/E Ratio: 70.36 📊 (High!)
Sector: Financials - Life Insurance 💼
📈 Technical Analysis:
1️⃣ Parabolic SAR: Recent buy signal as of 1st Sep '23 👍
2️⃣ Fibonacci Levels: Currently at 0.382; eyeing 0.5 and above 🎯
3️⃣ MACD: Showing a positive crossover 📈
4️⃣ Stochastics & RSI: Indicating oversold position, poised for a rebound 📊
5️⃣ %R and Fisher: On the higher end of the spectrum 📈
🎯 Recommendations:
Entry Point: 4th September 2023, if opening on a positive note 📅
For Speculators: Good for short-term percentage gains 📈
Target Price: Undefined yet, aimed for short-term gains 🎯
Stop Loss: Not specified (high-risk profile due to P/E) 🚫
🔎 Rationale:
Despite higher P/E ratios and below-expectation earnings, the technical indicators suggest a favorable short-term trade opportunity. The financial sector is currently hot, making this a key pick.
📣 Disclosure & Disclaimer:
This recommendation is for informational purposes only. Please consult a financial advisor before making investment decisions.
📱 Stay Updated:
Hit subscribe for real-time financial insights and stock recommendations! 🛎️
#SBILifeInsurance #StockPick #InvestSmart #WeeklyRecommendation #Finance #Investing
Infosys On Bullish trend. Reversal from lows strengthened📆 NSE:INFY Recommendation on NSE:INFY for the week starting 4th September 2023
📊 Current Status:
Closing Price: ₹1443.85 📈
52-Week Range: High of ₹1672.60 🏔️
P/E Ratio: 24.27 📊
Position: Mid-range of 52-week high and low 🎯
📈 Technical Analysis:
1️⃣ Parabolic SAR: Recent buy signal 👍
2️⃣ Fibonacci Levels: Trending up past 0.618 📈
3️⃣ MACD: Positive divergence 📈
4️⃣ Stochastics & RSI: Upwards but reaching the upper band (K at 100.00) 📊
5️⃣ %R and Fisher: On the upside (Fisher at 3.38) 📈
🎯 Recommendations:
Entry Point: Anytime on 4th September 2023 around 11:00-11:30 AM, if sentiment is positive 🕚
Target 1: ₹1457.35 🎯
Target 2: ₹1498.15 if Target 1 is sustained 🎯
Stop Loss: ₹1401.9 🚫
🔎 Rationale:
NSE:INFY is a valuable buy for investors with a medium-term horizon. The stock is supported by several bullish technical indicators and is situated at the mid-point of its 52-week range.
📣 Disclosure & Disclaimer:
This recommendation is for informational purposes only and not financial advice. Kindly consult your financial advisor before making any investment decisions.
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Hit that subscribe button to get real-time analysis and stock picks! 🛎️
NIFTY ANALYSIS AND RESEARCH BASED ON FIBO As per my analysis and research based on fibonacci trading method I realized . Niftywill become bearish once it reaches 19640 - 20030. Its just my view . I am not telling any one sell or buy something . I am just posting my opinion . As per my 13 years of experience in financial market I realized this view . Just take it as view , Do your own analysis before taking any position.
Chambal Fertiliser Weekly ChartChambal Fertiliser Weekly Chart Breakout Possiblility
Chambal Fertiliser Breakout will be possible if this Stock Closing above @291.50 on weekly chart and sustain.
:: Data Point ::
Breakout Level: @291.50
Target 1: @312.00 (Fibo 23.6% Level)
Target 2: @350.00 (Fibo 38.2% Level)
Target 3: @382.00 (Fibo 50.0% Level)
Stoploss: @260.00
It can be decline if Stoploss Hit, then it would come down towards Support Zone approx @207.00
Note: -Price traded above 200 EMA.
-Good Volume showing in Weekly and Daily timeframe.
-Decending Triangle Pattern happend.
AEGISCHEM :: LONG Probability and Key Levels/**
Caution::
This is just my probability view based on my very limited knowledge...
Know your risks if you are taking a trade and allocate <5% of Equity capital.
Always Consult a financial adviser before making any buying / selling decision.
Re-read and follow "Risk Management" / "Trade management" practices.
**/
why??
AEGISCHEM is seeing some buying near the Trendline and Fib 61.8 levels.
It is also trading at a very good valuations 13.3 EV/EBITDA.
Share price gets good support near 305-310 levels, So my initial Stop is at 304.
How??
This will be my entry / exit plan::
-- Initial 2.5% of my capital below 334, S/L - 304
-- Add 1.5% capital when price is above 368, new S/L - 323
-- Add 1% more capital above 390, trail S/L with super trend or other indicators
-- Exit when price is near the Yellow dotted line or when previous Higher Low is broken.
JSW Steel breakout and retest is done. JSW steel has given a break out of the inverted head and shoulder and has also retest the neck line on the weekly charts.
The stock has formed a resistance around 830-835 levels and once these levels are cleared it can given good targets.
Positional and swing trades should be created only when the resistance zone is cleared on the weekly charts.
Levels and targets are marked on the chart.
Stock can also be purchase in cash for a longterm bet as the market are bullish and the stock can travel with the waves.
Levels to watch
Break out level :- 835
Support to accumulate stock :- 775-780
Watch for the weekly close as tomorrow it friday. The stock has given a fall for last three days and if it starts to run there will be a good opportunity as it is standing at 50 % fibonacci levels.
Banknifty weekly analysis for 18/09/23.After a nice upside momentum banknifty is now in a sideways trend and during the last trading session it has consolidated hitting 46300 levels.
It is trading around the ATH and on the weekly charts there is a nice V-shape recovery for the markets.
On the daily charts, there is a formation of a doji and has closed 230 points higher.
Nifty has already crossed the ATH and is trading around the new high. Its time for banknifty to give a break out or take a halt and then give a break out. A good trading opportunity will be there if the markets consolidated and then give a break out as the market has already given a nice upside move.
There is also a bearish RSI divergence on the daily charts which will not give much of a confidence in the bullish trade.
On the hourly time frame, it has sustain above the moving averages and is still trading above it. If the market give a break down and close below the 20 ema there will be a chance of a momentum and hit a small target on the bearish side in a bullish market.
Support :- 46080, 45860,45600
Resistance :- 46300, 46500(round number figure), 46830 (fib level)
Banknifty is having good support on the lower side and it can reverse taking support from the support zone.
Wait for the price action near the levels before entering the market.