BIOCON - Trade after Breakout.Dear Traders,
As we can see Bio-con was in Channel Pattern and after it now it was consolidating in Triangle pattern. Today it has given Good Breakout with gap. Normally, people wait for gap to fill and after that they take the trade but here, buying is so good that people are buying without Gap Filling. Also, those who has patience and waiting for gap to fill will take trade during Retest.
So, This stock is good for 1 to 2 moth holding.
CAUTION : Please check Bank nifty and Nifty Charts before Taking any trades. As if they will act bearish our stock may too.
Happy Trading Guys. And like if you like the Content.
Gapup
Day Open with a gap up. calm expiry.!It was expected that the Nifty would end this week with crazy movement because of the global clues and the market data, But a gap up, opening and consolidating. It actually respects the 200 to 250 range well. But what's more interesting is that tomorrow we might see some moves. Look at the D candle doji, or hanging man. The important level to watch out for next week is the upper side of 18350, which is B.K. We can expect Nifty to test its all-time high again, down side 18130.
As for my option selling, I started selling 18350CE and 18050PE. Nifty went in to consolidation i adjust my position to 18300CE and 18100PE easy week ending with profit. Let's see where the next expiry is.
Facing Strong selling pressure INFY is facing strong selling pressure at higher levels after a gap up opening if it breaks the support level then it will be difficult for infy to go up so keep eyes on INFY for any movement.
Disclaimer:- This for educational purposes only do your own analysis before investing hard-earned money.
Mentorship InstaView 06 Sept’21: Was it an Exhaustion Gap today?
Nifty View: Yet another positive daily close for the benchmark Nifty index in today’s session - up close to half a percent to end above 17,400. We had a gap up opening today post which there was a definite lack of follow-through buying which has lead to a small bodied daily bar. We have also noticed profit taking from most large cap index stocks like RELIANCE which have slipped from their respective daily highs. Can this lead to a short term top and eventually a correction this week? Please watch the video for a more detailed analysis.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
Mentorship InstaView 23 Aug’21: Frustrating Nifty View: A frustrating trading session for the benchmark Nifty index as it lost all of its opening gains and face high intraday volatility. The index seems to be at at crossroad wherein 16,500 acts as an important decider of momentum and sentiment. A break below today’s low of 16,390 will infuse fresh selling pressure, so stay cautious and try to trade less with strict risk management.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
Tanfac - 3yr Rounding Bottom Breakout with massive volumeBroke out on the back of great results. Can be a multibagger from here.
BUY GUIDANCE:
Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Nifty Trade Setup For Monday (24th July)So after touch the level of 15900, Nifty reverse from the level.
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Now Nifty is getting support from 15800, so for tomorrow there is two condition..
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1. If Nifty break the resistance of 15900, then we should buy CE for the level 159450.
2. If Nifty break the 15800 support them we should go for PE.
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In gap up opening we should avoid trading in the morning time.
In gap down Opening, we will wait for CE once it cross 15760 or 15800.
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What's your view on this comment below in the box.
Mangalam Cement - 3.5yr Rounding bottom The stock is showing exceptional momentum close to the long term breakout. Notice the Gap up in the latest weekly bar opening.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Nifty Trade Setup For Thursday (Weekly Expiry)So, hope guys you made profit today.
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For tomorrow market looks bearish, so there is two condition happen in the scenario.
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1. Market will go up till 15891 and then will go reverse, so we have to wait for that.
2. If Nifty is opening is normal opening then we will wait once it break the support of 15800, then we will make a position of PE.
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If Nifty cross the 15900, then we will see the bullish momentum.
#Nifty Trade Setup For Tuesday (13th July)So as you 15725 is a strong resistance level.
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Nifty once it touch and then goes reverse,
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So for tomorrow if Nifty break the resistance of 15725, then you should buy CE for the level of 15780.
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If Nifty goes down below 15620, then you should go for PE.
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No trading zone is 15630-15720.
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In gap or gap down cases, wait for the correction and then buy the trade.
#Nifty Trade Setup For Monday (12th July)So as you see in the chart there is no Trade Zone between 15640-15700.
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You can only buy the CE once it cross 15720,
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If Nifty goes below 15620, then you should buy the PE for the level 15550 levels.
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If gap up or gap down Opening happen then wait for the right time to enter.
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What's your view on this comment below in the box.
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Note: This is for an educational purpose as we can learn together and grow together.
#Nifty Trade Setup For Monday (5th July)So on tomorrow, Nifty can give the Gap up opening
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If Nifty give the gap up opening above 15790 then, Nifty will do the correction and we go for PE.
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If Nifty give the Normal Opening, then we will go for CE once it cross 15733 level and make 15 minute green candle.
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If Nifty goes down then 15671 is strong support, if it break we can see the huge fall or maybe it can reverse from this level.
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What's your view on this, comment below
Nifty Trade Setup For Friday (2nd July)So 15671 level is support level, as you see two times Nifty touch this level and reverse.
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So for Tomorrow if Nifty break the Trend line then it can go near 15760 and then 15840
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If Nifty break the support of 15671, then it can go till 15505.
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If gap up opening happen then avoid taking a position in the beginning.
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Once it is corrected then you go for CE.
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What's your view, comment below.
#Nifty Trade Setup For Monday (28th June)There is a three scenario in Nifty.
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1. If Nifty give the gap up opening above 15900 then it goes down till 15760.
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2. If Nifty gives gap down Opening so 14760 will be the strong resistance from down to upside.
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3. If Nifty give normal opening then market should go down according to last bearish engulfing candle.
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So what's your view. Comment below
#Nifty Trade Setup For Tuesday (23rd June)So on tomorrow, market can give gap up and then going correct.
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So be cautious on tomorrow only buy on dip 15759 is a crucial support as well as resistance.
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So if Market is give gap up opening then when the market goes below 15750, You can go for PE.
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If Market does not break 15759, so market will be in range bound.
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You can also share your views in comment box
Nath Bio Genes 2yr Breakout retest / 10mth Rounding on heavy volThe stock is showing some very interesting price action despite the sector being quiet in the last few days. A Gap up opening one day before earnings. Notice the massive volume clusters during the rounding bottom formation. It broke out of long time resistance on very high volume and followed through with absorption volume. Came back on low vol to test the breakout area, formed a bullish pin bar and shot up on a 11% gap up with disproportionately high volume. Wonder if there's a goldmine hidden in the earnings result. Keep a close watch.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Natco Pharma ATH breakoutMulti year ATH BO.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.