PFC - POSITIONAL SHORT OPPORTUNITYSYMBOL - PFC
CMP - 510
PFC saw huge sell off on 4th June & now It is recovering & price is testing the liquidity area which is now a resistance.
I'm seeing a trading opportunity on sell side in PFC.
Shorting PFC Futures at CMP 510
I will be adding more if 535 - 540 comes & will hold with SL of 562
Targets I'm expecting are 418 - 402 & 388
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Futurestrading
THE RAMCO CEMENTS - SEIZING THE LONG SWING OPPORTUNITYSymbol - RAMCOCEM
Ramco Cements is currently trading at 772
730 - 770 is a good support area for The Ramco Cements.
I'm seeing a trading opportunity on buy side.
Buying Ramco Cement Futures at CMP 772
I will be adding more if 745 comes & hold with SL of 730
Targets I'm expecting are 812 - 845 - 930 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BANK NIFTY - TIME TO SELL & RUN AWAY ?Symbol - BANKNIFTY
CMP - 51720
BANKNIFTY is following a rising channel & headed towards its higher end. Currently It is trading 51600 - 51750 & trying to break it on upside.
According to my analysis, BANKNIFTY will face strong resistance around round level 51500 - 52000 which is also upper end of the rising channel. In case it breaks it on upside, A breakout fail scenario is highly likely. I'm expecting Nifty Bank to show a reversal from these levels & It may witness a strong profit booking.
Hence I am creating huge short positions in Bank Nifty July Futures at CMP 51720
I will add more position at 52000, if comes & will hold with SL of 52200
Targets I'm looking for on downside will be 49260 - 48000 & In case If it breaks this rising channel on downside, We may see huge fall till 45500 - 45600 which is the ultimate target if any major correction happens.
RR is very favorable here. That's why taking more position than usual.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NIFTY50 - SELL AND RUN AWAY ?Symbol - NIFTY50
CMP - 22960
NIFTY50 is following a rising channel & headed strongly towards its higher end. Currently It is trading near round level of 23000.
According to my analysis & my view, Nifty50 will face strong resistance around round level 23000 - 23100 which is also upper end of the rising channel.
I'm expecting Nifty to show a reversal from these levels & It may witness a strong profit booking. General Elections result is due on 4th June & because of this, INDIAVIX has shot up from 11-12 levels to 22 level. This is also hinting a reversal. If any negative news flow comes in coming week or on elections result day, We may see huge fall in Nifty50.
Hence I am creating huge short positions in Nifty50 June Futures at CMP 22960.
I will add more position between 23150 - 23250, if comes.
My SL would be 23400 & Targets I'm looking for are lower end of this channel which is around 22050 - 22120 & If it breaks this channel pattern on downside, We will see huge fall till 21000 easily (which is my second target) & beyond.
Risk is small here & Reward is huge. That's why taking more position than usual.
Not taking any position in options as May series options are expiring in 4 days & premiums of June series options are very very inflated.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
DABUR - SWING TRADE ON BUY SIDESymbol - DABUR
Dabur is currently trading near support zone of 500 - 510.
DABUR CMP - 506
I am initiating long positions in April Futures.
My SL would be 498 & Targets would be 525 & 540
It may move slow but it should move up from here.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
HINDUSTAN UNILEVER - SWING TRADE ON LONG SIDESymbol - HINDUNILVR
Hindustan Unilever is currently trading at 2185.
2185-2140 is a good support area for Hindustan Unilever.
I'm seeing a trading opportunity on buy side.
Buying Hindustan Unilever Futures at CMP 2185
I will be adding more if 2150 - 2140 comes & hold with SL of 2090.
Targets I'm expecting are 2265 - 2380 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
ASIAN PAINTS - DOUBLE BOTTOM LONG ENTRY - POSITIONAL TRADESymbol - ASIANPAINT
Asian Paints is currently trading at 2822
2780 - 2830 is a good support area for Asian Paints.
I'm seeing a trading opportunity on buy side.
Buying Asian Paints Futures at CMP 2822
I will be adding more if 2785 comes & hold with SL of 2760
Targets I'm expecting are 2915 - 3015 - 3140 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BANKNIFTY - GOOD TIME TO CREATE LONGS ?Symbol - BANKNIFTY
BANKNIFTY gave a breakout of ATH & touched 49000 level & then exhibited some profit booking due to global news flow. It is currently trading at 47335 which is a good support area.
I think BN will take support at these levels & will show a reversal from here.
Hence I am creating long positions in BN futures at CMP 47335.
I will add more position between 47080 - 47200, if comes.
My SL would be below 47000 & Targets I'm looking for are 47900 - 48470 - ATH.
SWING TRADE IDEA - BATA INDIASymbol - BATAINDIA
BATAINDIA is currently trading at 1340
1280 - 1350 is a good support area for BATAINDIA.
I'm seeing a trading opportunity on buy side.
Buying BATAINDIA Futures at CMP 1340
I will be adding more if 1300 comes & hold with 1280 SL.
Targets I'm expecting are 1435 - 1525 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
WILL NIFTY50 SHOW REVERSAL FROM SUPPORT LEVELS ?Symbol - NIFTY50
CMP - 21980
NIFTY50 witnessing heavy selling and now slipping below 22,000 round level.
Market sentiment is weak but according to my analysis, Nifty is now trading at major support levels.
22000 - 21930 is good support range for Nifty. I believe Nifty will take support from current levels & will show a reversal from here soon.
Dow Jones is at good support levels, Crude is showing reversal from upper levels etc. are the triggers that will help Nifty to go higher from current levels.
Hence I'm taking Future long positions in Nifty at CMP 21977 - 21980
I'll add more position around 21920 - 21930 levels, if comes & hold with 21880 SL.
Targets will be 22170 - 22300 - 22430
Banknifty till December 2023this research is the based on the past data of the market and at this levels reactions of market.
channel of trend is uptrend on daily basis.
and looking channel is nw high of market or near the all time high of market.
we can consider this research valid till mid of December 2023.
level 1 44400 -44600
level 2 44950-45202
level 3 45890-46265
nifty 50 upcoming This research is based on the past data and rend of the market how the react at that points/ levels.
we are considering days wise research,
Valid for upcoming days (whole Novemberand mid of December2023)*until unless any big movement in market,
leave 1 new high in market 20450-500
level 2 20250
Nifty50 plans for todays and weekends N50 is ready for new highs because...
constant bulls (fiis and dis) interesting
in indian market and stocks buyings.
we will see soon N50 above 20700+ soon might be this is possible end of this year 2023.
Election results in the favor of current central government..that will create positive impact on investor's (fiis & Dis) and market too..
On-Neck Pattern Breakout on TVS MotorAn On Neck Chart Pattern Breakout happened on the Weekly Time frame of NSE:TVSMOTOR
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on a Weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish On-Neck Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for Educational Purpose only.
UNI/USDT Analysis: Potential Correction towards 4.8-4.9 ?
UNI/USDT is currently facing a significant resistance area between 5.65 and 5.70.
Traders should closely monitor price movements within this range, as a breakout above it could signal a bullish trend continuation.
However, our analysis suggests that a price correction is likely in the near term. We expect UNI/USDT to correct towards the key support level at 4.8-4.9.
This correction would provide traders with an opportunity to consider long positions at a more favorable entry point.
Additionally, the 5.65-5.70 area has witnessed a support-resistance flip, indicating a shift in market sentiment.
Previously acting as a support, this zone has now turned into a resistance level. Traders should pay attention to this flip, as it may act as a catalyst for the anticipated price correction.
Despite the recent resistance, the price of UNI/USDT has been exhibiting upward movement by forming higher lows. This indicates the presence of an underlying bullish momentum in the market.
Conclusion:-
In conclusion, UNI/USDT is currently facing resistance in the 5.65-5.70 zone, while a correction towards the support level at 4.8-4.9 is expected. Traders should monitor the support-resistance flip and price movements for further confirmation.
btc new low since middle of march $25351.02As the volume keep going down gradually there are higher chances that the altcoins once again start to show rally
all i am just saying is now we are moving in safer zone which is continuation zone
for a clear instance there are two major support being shown in the chart 1st and 2nd one
start your positions now
#btc #crypto #bullrun
#binance #lunccommunity






















