Futurestrading
CANARA BANK FINALLY BREAKS INTO OUR DESIRED RANGECANARA BANK FINALLY BREAKS INTO OUR DESIRED RANGE WHICH IS VISIBLE IN THE RECTANGLE PATTERN
SINCE THE RANGE MOVEMENT IS BACK IN PLACE AND THE PSU SECTOR IS SHOWING SIGNS OF MOMENTUM
WE ARE BULLISH IN CANARA BANK
BUT WOULD PREFER TO BUY ON DIP TOWARDS 215-213
TRADE VIEW
DEC FUT(26DEC)
BUY@213-215
STOP@210
TARGET 1@230
TARGET 2@245
LOT:2000
QTY:5
BTST TRADE IN TVS MOTORS !!(FUT)!!BTST IN TVS MOTORS
VIEW
:-TVSI AFTER A GOOD UPMOVE SAW CORRECTION AFTER RESULTS
:-ITS FIRST TIME TEST OF 200-DMA LOOKS SUCCESSFUL
:-FIB0 LEVEL OF 38.20 LOOKS GOOD FOR ENTRY
:-GOOD RISK TO REWARD RATIO
TRADE IN 28TH NOV CONTRACT
BUY@458
STOP@452
TARGET 1@470
TARGET 2@478
LOT:1100
QTY:3
POSITIONAL LONG TRADE IN PUNJAB NATIONAL BANK (PNB)/!!(FUT)!!POSITIONAL TRADE IN PNB
VIEW:-
:-WEEKILY TRENDLINE IS ABOUT TO BE BROKEN
:-MOMENTUM GAIN IN RSI
:-POSITIVE CROSSOVER ON MACD
:-ABOUT TO BREAK ITS 20-WEEKLY -EMA
TRADE IN FUTURES NOV CONTRACT
BUY@67
STOP@60
TARGET 1@75
TARGET 2@84
LOT:7000
QTY:2
LONG ADDED IN M&MMOMENTUM TRADE IN M&M
VIEW
:-MOTOR COMPANIES ARE SEEING BUILT-UP
:-RISE IN OI+RISE IN PRICE+RISE IN DELIVERY VOLUMES
:-LOOKS LIKE ITS ON THE VERGE OF TESTING ITS 200-DMA AROUND 625
:-IT HAS BROKEN THE CRUCIAL RESISTANCE OF 603
:-PRICE AND VOLUME BREAKOUT CANNOT BE RULED OUT
TRADE IN FUTURES 28TH NOV CONTRACT
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE PRICES
BUY@610
STOP@602
TARGET 1@625
TARGET 2@650
LOT:1000
QTY:2
PLEASE NOTE:
ALTHOUGH REAL OI DATA WILL BE AVAILABLE ONLY AFTER 6/7 PM
!!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!!
!!PLEASE DON'T OVER TRADE!!
!!LIVE TO FIGHT ANOTHER DAY!!
!!HAPPY TRADING!!
LONG IN TVS MOTORS!!(FUT)!!MOMENTUM TRADE IN TVS MOTORS
VIEW
:-RISE IN OI+RISE IN PRICE INDICATES LONG BUILT-UP
:-BULLISH ENGULFING VISIBLE ON DAILY CHARTS
:-200-DMA IS TAKEN OUT AFTER A VERY LONG TIME
TRADE IN FUTURES 28TH NOV 2019
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE PRICES
BUY@ 476
STOP@470
TARGET@490
LOT:-1100
QTY:2
PLEASE NOTE:
ALTHOUGH REAL OI DATA WILL BE AVAILABLE ONLY AFTER 6/7 PM
!!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!!
!!PLEASE DON'T OVER TRADE!!
!!LIVE TO FIGHT ANOTHER DAY!!
!!HAPPY TRADING!!
BTST IN AXIS BANK !!(FUT)!!BTST TRADE IN AXIS BANK
VIEW
:-200-DMA TAKEN OUT
:-RISE IN OI+RISE IN PRICE
:-RESISTANCE OF 730 TAKEN OUT
TRADE IN FUTURES 28TH NOV CONTRACT
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE PRICES
BUY@731
STOP@721
TARGET 1@741
TARGET 2@751
LOT:1200
QTY:2
PLEASE NOTE:
ALTHOUGH REAL OI DATA WILL BE AVAILABLE ONLY AFTER 6/7 PM
!!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!!
!!PLEASE DON'T OVER TRADE!!
!!LIVE TO FIGHT ANOTHER DAY!!
!!HAPPY TRADING!!
Ujjivan Good bullish sign Cup and saucer formation is underway on the daily charts of Ujjivan , Time to buy and saddle up
Buy 3 Lots at the following Price
1 Lot - 288 or CMP
if it falls below 284- 280 - Pick up one more lot
3rd lot pick up at 260
Stop loss 253
Target Price - 375
1st target 325
2nd target 375
Time frame - 22-25 days
RBL Short Set up RBL is now ready for a big short movement as it has broken all barriers in terms of moving averages. Price is currently under pressure and can expect the following to happen
short price - cmp
Stop loss - 381
Target 1 - 302
target 2 - 286
Target 3 - 230
Strategy - Short 2 lots and cover 1 at 302 and the second at 286, if it trades less than 280 for more than 1 day then short again for immediate target of 230