TCS GapYou can see gap in price of TCS today, a gap was also present last year in October and it soon filled. Today's gap will also be filled in near future.
Gap
Gap & Doji In Asian PaintsA gap can be seen in the price of Asian Paints(highlighted in green), a previous attempt to fill the gap on 18th April did not succeed, stock has been able to hold Fibonacci level of 23.6%. Two successive dojis can be seen recently and delivery percentage for last three days are 55%,67%,57%(positive sign). The stock might move up once again to fill the gap.
Jai Hind
Bank of Baroda chart viewBank of Baroda
CMP 123.40
Levels are mentioned in the chart
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take care & safe trading...!!!
Nifty; Again using Gap at the crucial zone...Nifty
CMP 10824
We had highlighted how Gaps in the zone around 10780 is acting as a crucial zone for Nifty.
Take a look at the chart again...
What we have seen today morning is another example of it. Another Gap up opening in the same zone.
Above 10780 Bulls have the upper hand.
But the question is Will it survive this time round...This is the 4th attempt now. Remember, this also suggests on 3 prior occasions it had failed.
Trend line resistance is around 10890.
Sell if Nifty is closing below 10780 on hourly chart or near trend line resistance zone with a sl of 40 points.
Alternatively one may consider selling Nifty 11000 Call option currently around 105
Lot size 75
Max profit potential of Rs 7875/- if Nifty closes anywhere below 11000 on 31ST Jan 2019.
The strategy has inbuilt loss protection for rise up to 11105 till expiry.
Take care and safe trading...!!!
NIFTY: Week Ahead, Spot & FUT Levels for 23/08/18.11562 looks Crucial.
If stays below that for 15 - 30 mins, more weakness will come.
bullish Gap at 11486 -11500, may possible Gap Covering in rest of the week.
In DOW JONES: Witnessing "Bearish ENGULFING" in Last trading session.
Future levels mentioned on Chart for "T+1 basis"
stay CAUTIOUS in STate BaNk Of IndiA i see that in a quite mid term horizon it is better to stay cautious and trade on levels only in state bank of india !
feel that it might fill the gap soon ..irrespective of near term ups and downs !
EXIDEIND Tingling near previous gap down area can trigger a sellEXIDEIND hourly is showing a failure to close the 217-220 gap create earlier. Lingering near the gap and failing to cross above can create a panic for bulls here. Micro structure shows a inter trendline break showing a chance of sell-off here.
EnTry: Cmp 211 or retest of 215 SL
SL: 223 (closing basis on hourly timeframe)
Target: 203/192 and rest ride the trend
Study of Gaps in Technical Analysis {On Long Term Charts}Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
BANKNIFTY: FUT+ Spot, At a Glance for Trade Date 18th DEC 2017........ Spot & Future Intraday, future Weekly Levels plotted & mentioned on chart.
Bullish GAP formed on 15/12/2017, in Between 25,205.90 - 25,411.25.
Must Watch Weekly Levels, to know crucial Intraday Levels
Trade as per Specified level with description.
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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
long but ...trade on levels onlyyyyyybuy @ 505 for safe traders level of 520 crucial and important ..!!!
Nifty Correction Ahead Explained in the charts
Declaimer: its my view. strictly ,, not a recommendation
Tata Motors at a Gap up support Tata Motors One can get long at current levels of 452 after gapup move up with HUGE VOLUMES but a fall to fill a gap is With low volumes, So price action Suggesting it will move up from here.
TGT- 465/472.
SL- 447
RR is completely in favors of Bull.
But keep in mind this is very volatile Stock so trade cautiously with low risk as RR is high so with low risk profit would be good.
TRADE SAFELY IN IT!
GRAVITA - Pulling by Gravitational Force to 70's Nature Rule - Every Gap Should be filled - May seen in One or Two Sessions
Please note - Its My Opinion - its not a recommendation
Biocon SHORT Pennant pattern.The stock has formed perfect pennant pattern and gave breakout with gap and good volume. It is trading below the trend line clearly telling more weakness in coming days. One can short the stock for a target of below 925.
Tatapower SHORT Doji Star confirmation RSIWhite candlestick followed by a Doji with a gap up at the opening formed bearish Doji Star(on 29.03), which gave confirmation yesterday. RSI is telling the stock is in oversold zone and running out of stream. Moreover there is possibility of trend reversal which is quite often after forming 5 pivots but that needs confirmation yet. One can short the stock by providing stop loss little above the recent high so a low risk trade.
DLF SHORT : Gap & Regression ChannelDLF was moving up since 27.12.16. It has broken Regression channel that too with GAP. This gap zone may work as a Resistance. Aggressive Trader can take the last 2 Green bar as an opportunity to enter the short trade by providing suitable Stop Loss. Defensive Traders can wait and short the stock when it trades below the bar which formed the GAP i.e. below 137. Targets are the respective Fib level falling on the Trend-Line which may work as a support for it.
The Stock is good for trading having good volumes, less spread and active options.
Will Bank Nifty follow the Nifty way to fill the existing GAP ?Will Bank Nifty follow the Nifty way to fill the existing GAP ? If yes, then bear will takeover the Bank Nifty also.
Trade:
Short below = 18797
Target 1 = 18709
Target 2 = 18552
Target 3 = 18440
Stop Loss = 19002
Reward Points = 540
Risk Points = 205
Nifty - Can Bears capitalize?* Dumpling Top
* 50% Fib retracement
* Gap at play
* Negative crossover on Stochastic
* RSSI sloping southwards
