📈 PI Industries 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above previous swing high of 2680 . On Buy Side I am looking for Targets of 3090, 3338 and 3500. StopLoss should be kept below 2600-2620 zone. It offers 1:3 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing...
📈 Trent Ltd. 📉 This broke out from a Resistance Zone of 1175-1200 and closed above it . On Buy Side I am looking for Targets of 1400-1450. Target Calculation = 2*(Resistance Level - Last swing low) StopLoss should be kept below 1125-1150 zone. It offers 1:2 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing...
NSE:TATACHEM #NSE:TATACHEM formed beautiful cup&Handle pattern. Ping me for levels. Happy LEarning !!
Fundamental Development : Oil was up on Tuesday morning in Asia opening higher after falling sharply during the prior session. WTI futures were up 0.97% to $99.50. Both Brent and WTI benchmarks ended the previous session down around 4%, with Brent tumbling as much as $7 a barrel during the session and WTI falling roughly $6 a barrel. China will keep liquidity...
NSE:TVSMOTOR #NSE:TVSMOTOR trading @ resistance, levels marked for practice. Happy LEarning !!
Short swing trading opportunity in HAL. on 15 minutes chart it has formed head and shoulder
NSE:ONGC #NSE:ONGC resistance BO, Post confirmation may show good momentum. Happy LEarning !!
11/4 educational purpose only buy on dips around 1130/1140 (20ema/hourly) cmp 1165.25 sl below 1122.30 (50ema/hourly) targets of around 120 / 1225 / 1250
Just wair for the great oppurtunity. Not a financial advice
I've been observing Nifty Futures Since 06/January/2022 and came out with this study. Importand Levels are marked in dark black.
Tata Motors - Major Resistance around 500 zone - Major Line of Support at 376 - Minor Resistance around 462 odd levels - Minor Support around 418 odd levels ________________________________________________________________________________________________________________ Given the set up, my trading strategy: Short Strangle for April series Sell 28 April...
📈 Coromandal International 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above four months high. On Buy Side I am looking for Targets of 870 - 880 zone followed by 920-930 Zone. Target Calculation = 2*(Resistance Level - Last swing low) StopLoss should be kept below 790-800zone. It offers 1:2 Risk To Reward. All Important...
📈 United Spirits 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above resistance 890-900 . On Buy Side I am looking for Targets of 945 and 1005. StopLoss should be kept below 860-870 zone. It offers 1:1.5 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a...
Nifty - Nifty seems to be in Consolidation phase - Box size is roughly 440 points - On Breakout Nifty might move towards 17900 odd levels - if there is a Breakdown, potential downside target 16560 _______________________________________________________________________________________________________________ Important levels and potential different...
Nifty has taken resistance today at 61.8% retracement level Going forward important support and resistance level for Nifty Resistance: 17320 / 17440 / 17620 / 17735 Support: 17051 / 16960 / 16820 / 16705 Suggested trading strategy Given the set up, One may consider selling Nifty 31 Mar expiry 17700 Call option and 16700 Put option...
Bitcoin has broken out from a triangle pattern and this might trigger a rally towards 44000$. 44K being a stiff resistance can cause reversal at higher levels. A minor Resistance is also seen at 42500$ which could also act as a trend reversal point. Breakout might retest in the trendline which could be a potential safe entry. Price needs to sustain above the...
I have started focusing on macrotrends and drawing ideas for the same. Being open-minded and not having to choose between bear and bullish cycles, I think its safe to ride the roller coaster ride with good risk management.
Today, Bank Nifty opened Gap-Down. Gap-Down opening is expected tomorrow, it seems that the price may take support at the levels of 32380-32450.One can enter at the breakout of the trendline.