Nifty CMP 15853 Observations - Nifty traded in down trend channel since Feb 2021 till April 2021 - Currently Nifty is trading in Uptrend channel Now that we have identified the trend, let us look and analyze Futures & Options data for 05 July 2021 and understand how each market participant viz - the Retail traders, - FIIs and - Proprietary traders have...
My trade setup levels are created as below in BankNifty Futures for 12th June 2021. The Key target levels will be at High - 35680, Low 34760..if market breaks these levels, expecting the market go beyond in double the speed. Expecting Movements... Opening will be Flat or Downside Down move till 10.45 am Upmove or Sideways 10.45am to 12.15pm Again Down move...
BAJFIN FUT BUY@6140 STOP@6070 TARGET-1@6190 TARGET-2@6225 TARGET-3@6280 QTY=125 -STOCK MIGHT BREAKOUT OF ITS TRADING ZONE -MGMT COMMENTARY LAST EVENING -OVERHANGE DONE -BEARISH TRENDLINE BREAKOUT -BULLISH FLAG POTENTIAL BREAK TRADE ACCORDING TO RISK APPETITE DO NOT OVERTRADE
BANKNIFTY FUTURES BUY@35245(TRIGGER) STOP@35045 TARGET-1@35450 TARGET-2@34575 TARGET-3@35690 CLOSE ABOVE 35750 WILL LEAD TO EXTENSTION ON THE UPSIDE -INSIDE BAR BREAK TRADE -BEARISH TRENDLINE BROKEN ON HOURLY/30-MIN CHART -EXPECT SHORT-COVERING IF MARKET SUSTAINS ABOVE 35100/35200 -GOOD RISK/REWARD RATIO "TRADE WITH YOUR RISK BEARING CAPACITY" "DO NOT OVER TRADE"
Copper Futures - Expanding Channel Pattern Target 1 @ 798 Target 2 @ trendline 2 StopLoss below trendline 1
CHOLA FIN FUT BUY@516.5(ONLY)/(WAIT FOR IT) STOP@509🪓 TARGET-1@524🎯 TARGET-2@530🎯🎯 TARGET-3@535🎯🎯🎯 CONDITIONAL TRADE IN CHOLA FIN FUT -WAIT FOR THE PRICE TO MOVE ABOVE 516 -TILL THEN TRADE IS NOT ACTIVE -ASCENDING TRINANGLE PATTERN BREAK POSSIBLE IN SHORT-TERM -RANGE BETWEEN 505-545 -BEARISH TRENDLINE BREAK "DO NOT OVERTRADE" "TAKE RISK AS PER APPETITE"
Nifty Last time when Nifty was at 15833, our view did not fit in but our strategy to sell 15700 Put option has kept us in the game. ( Nifty is down 150 points. Loss in our strategy is of 14 points ) - 20 day EMA is around 15677 - 61.8% retracement level is at 15628 . Will it take support here or continue the free fall ? I would be cautious if today's...
Nifty Till the time Nifty is above 15760-15780 on a daily closing basis it might slowly look to crawl up Trading Strategy Sell Nifty 15 July expiry 15700 Put option currently around 120 The strategy provides an inbuilt risk cover for a fall in Nifty price up to 15580 till 15 July expiry. Take care & safe trading...!!! Disclaimer - The view expressed here...
Strategy for trading Copper for July 2021 1. Copper is in Downtrend on Daily Chart but have formed reversal pattern with bullish hammer on 21 June 21 also RSI showing strength. 2. Strong Resistance zone between 733 to 740. This area will decide further direction for trade either on Long side or short side. 3. Price is respecting channel as shown, if it touches...
HDFC BANK POSITIONAL TRADE -POSSIBLIE BREAK FROM BULLISH CHANNEL -EXPECT TO LEAD THE NEXT BANKNIFTY BULL RUN -ONE MAY LOOK FOR JULY FUT/JULY 1500 CE TRADE SHOT: HDFC BANK BUY@1490(ABOVE 1489 ONLY) STOP@1455 TARGET-1@1525 TARGET-2@1548 TARGET-3@1567 QTY=YOUR CHOICE TRADE SAFE TAKE AFFORDABLE RISK ONLY MARKETS ARE FACTORING GLOBAL NEWS SHORT-COVERING ON...
LIC Hsg Fin - The zone of 440-458 is crucial zone for LIC HSG FIN - Blue support line currently around 420 odd levels The target for the current set up 492 / 505 / 518 Strategy: One may consider buying in 2 tranches 1 at current levels and 2nd on further dips towards blue line Exit if closing below...
Tata Steel Given the set up Suggested Strategy: Bear Call spread Sell 1160 Call option around 20 Buy 1210 Call option around 10 Yield potential till 24 June expiry: 12.4% (approximately) The strategy covers risk for rise in price of Tata Steel up to 1170 Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past...
ALKEM LOOKS GOOD ABOVE 3220 TILL 3700 WEAK BELOW 3120
Nifty Likely lower end of the range 15659 Likely Upper end of the range 15768 Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade /...
SUMMARY FOR RELIANCE -stock has formed multiple tops and bottoms on weekly chart -a break in a falling trendline is possible -wait for a confirmation -we are about to enter the supply zone -a weekly close above the supply zone will lead to re-rating in the stock "WEEKLY CLOSE ABOVE 2240 IN FUTURES /SPOT IS IMPORTANT FOR NEXT EXTENSION" "WAIT FOR A...