Bandhan: Bandhan Mukt beyond 330Head & Shoulder
or its Cousin
Cup & Handle.
Also the early Aug , GAP might work like a spring.
Gapfill
NIFTY | May seal the gap at 11300 NIFTY | May seal the gap at 11300 - Considering to take PUT with hedge to prevent overnight gap up or gap down.
CMP : 11560
SL : 11620
Target : 11300
Jindal Steel at the breakout level : Good to buy above 204Jindal steel might be next metal stock after JSW steel which can give good gain in coming days as metals are performing well.
Currently trading at 202, if breaks 204 and sustains swing buy can be initiated. SL to kept at 196 for the target of 217 (gap border), 230 (trendline resistance).
Wipro gapfill completeI had posted a gapfill idea a couple of days ago. That seems to have completed. ~2 points miss which I think is decent fill. Now the stock is ready to move upwards again. Catalysis for the move? The buyback at 400. Positive for Wipro.
Buy here at 345. Target at 352. Stop loss at 340.
UPL to fill the sentimental gapUPL will fill this gap that was caused by a sentimental reaction to a news that broke out which should ideally not create any pressure because both the parties involved (UPL and KPMG) have come out and cleared the air about the news reported.
NOT INTRADAY trade.
But at current levels.
Target at 515.
Stop loss at 456.
Duration: 1 month.
To reiterate, it's a fantastic company fundamentally.
Wipro to fill the gap soon? RSI shows overbought zone. It is going to cover the gap soon. Good opportunity to short.
I'd recommend trading with PUT calls though. NSE:WIPRO
NIFTY | Expecting the gap to be sealed @ 11076 (Risky trade)NIFTY | Expecting the gap to be sealed @ 11076, NASDAQ was gap up too 2 days ago + RSI bearish divergence in 30 min's time frame.
CMP : 11228
Falling which hopefully can get some dips in good stocks.
Instead of buying PUT can consider selling 11300 CE in Oct 8th expiry.
BANKNIFTY GAP UP WINDOW AROUND 21690BANKNIFTY has opened GAP UP while in an upward trend from 21690 to 21900 levels
Might run for gap fillStock has given the breakout and now seems to be in consolidation phase.
Might run for gap fill ob breakout!!
Cipla - Gap Fill BetCipla shot up despite horrible earnings figure.
I reckon there is time for some correction here!
Positional
Sell below 755.6 for 750, 745, 740 with SL at 765
Infosys Short Trade Nifty IT has seen a major bull run since past week & now rally is expected to halt on the backdrop of profit bookings.
1. Infy Gapup opening today on positive results.
2. Created a new resistance level near 933-934.
3. Fall to 78.6% Fibonacci retracement levels observed today.
4. Further correction to 50% level is possible since large gap supposed to be filled out.
Sell on CMP.
Target 1: 891
Target 2: 874 on further correction.
SL: 935
ITC : Gap Fill BetMaking Doji's on VWAP after move up often gives upward movements
There is a gap to fill and earnings expected soon
Betting on it for target 205 with a tight SL at 198
