Nifty Chart analysis Jan F&O series has been completely rangebound between 17761-18265 (just 504 points range or a mere 2.8% range). ___________________________________________________________________________ Although Nifty was very volatile during this time moving up one day and down the next and making it difficult to trade, it worked out smoothly for our...
The setup is shown on the charts. If the stock crosses 2685 and sustains above, may go to 2830. Keep your position size according to your risk management. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.
I have been trading Tata Steel since October 2022 and In the month of November this is what was posted for Tata Steel The stock was trading at 104.75 - Target given was 113 / 118 / 122 - also had suggested the importance of Green Line acting as support ( Click on the above chart for detailed analysis of November 2022)...
Tata Steel In my previous take I had suggested a Call short position given the set up at that time being bearish. That strategy played out well... Now the stock is at same level, however, In the current set up, - the stock is trading above 21 day EMA and 63 day EMA - the stock has tested the time and so far is managing to stay above the May 2022 low The...
Nifty On 29 Dec expiry day, I had suggested a Long trade which was squared off once Nifty touched 21 day EMA. It's there in the timeline. Now, we are looking at Daily candlestick chart pattern 1. Nifty yo-yoing between 21 day EMA (Currently around 18252) and 63 day EMA ( around 18083) 2. Given breakdown below the blue trend line and now retesting it 3....
Nifty On 29 Dec expiry day, I had suggested a Long trade which was squared off once Nifty touched 21 day EMA. It's there in the timeline. Now, we are looking at Daily candlestick chart pattern 1. Nifty yo-yoing between 21 day EMA (Currently around 18252) and 63 day EMA ( around 18083) 2. Given breakdown below the blue trend line and now retesting it 3....
IOC Chart setup - Level of 73 acted as resistance between July 2022-Sept 2022 - breakout was observed in late November 2022 After a month the stock has again come back to retest 73 odd levels If the level is with held the stock can look to propel towards 84-85 odd levels and sequentially towards 90 odd...
BINANCE:BTCPERP Upper pivot 16650 lower pivot 16450 Any one breaks set a target of 30 points..
Nifty - Nifty has had a nice pullback from the lows of 17780 odd levels this week - today it respected 50 day EMA at 18164 odd levels - Will the pullback continue or will it stop??? Let's look at Futures and Options data ____________________________________________________________________________________ F&O Data analysis...
Yesterday night, I had put forth an analysis where I had suggested that not expecting a big down day closing today. Remember that - Dow was down 300 points - Asian markets were down but I had clearly written that this is not about world markets. With FIIs in holiday mood, our Nifty movement will depend on the battle between retail traders and Pro traders. ...
Nifty In my last take on Nifty futures when it was at 18687, I had given a target of 18258. I exited from the trade in Futures very early ( I too am human and can get scared sometimes) and then went with some Call short position for better risk management. If you see the Nifty Futures chart now... Nifty futures made a low of 18231 / 18223 and so far...
Asian Paints The Chart set up - Since Oct 2022 the stock has been trading in a channel - chart is not strong but with crude prices stabilizing at lower side it favors the sector as oil is one of the major raw material. ___________________________________________________________________________________________________________________________ Trading plan One...
Chart setup The stock has previously taken support at 3450 odd levels in late May - June 2022 / Aug 2022 / Oct 2022 - it broke down below that in November and the same level acted as resistance in for a month and a half - now again trading above the crucial levels - blue trendline support comes at 3330 odd levels on 25 Jan...
Stock is consolidating in the zone from last 1 month. CMP : 884 Entry for Buyside : Above 920 Entry For Sellside : Below 865 We can expect a good move on either side when this stock will give breakout of this zone. Note : This is my personal analysis, this is not a buy or sell call.
Nifty first instance has taken a fall from the opening levels. Again if you see the chart we see it respected 21 day EMA. In my yesterday's post I had mentioned that Nifty first needs to protect 18114-18080 odd levels and my first take would be Shorting Put options. Accordingly 25 Jan expiry Put short has been initiated at 140 The same has been updated in my...
All levels are mentioned on the charts, The most important thing in this setup is Risk -Reward ratio, One should exit if the stock price strikes your risk management anytime, Or on a daily closing basis. Only for learning and sharing purposes, not a trading recommendation in any form. All the best.
Infy - the stock is managing to hold on to gap zone levels - important support levels 1480 / 1444 / 1433 - 20 day EMA and 63 day EMA at 1562 and 1545 respectively Given the setup, one may consider to sell Infy January expiry 1460 Put option The strategy has a profit potential of 10% on Margin requirement and provides protection for a fall up to 1437.5 odd...
i have plotted key levels and support and resistance on BTC/USDT chart that clearly shows the end of a weak trend and i am quite sure that we r gonna go down , if BTC breaks my ley levels .... TP and SL is already given on the chart , so trade cautiously . TAKE ENTRY AT - 17487 $ and ask me next analysis article and any ques that u guys r having