ITC is holding up quite firm. Stock was in uptrend all the way till August. However rally has been seeing exhaustion and stock is consolidating in a narrow range between 50 and 200 EMA. Consolidation usually leads to big moves. Directions though are not specified. 50 EMA is strong support whereas 200 EMA is strong resistance. Stock is respecting the trend...
Breakout on back of wide range candle and high volume. Also Relative strength Breakout on daily time frame.
It is satisfying all the rules which we follow to take a trade : 1. Always buy/sell with the trend. 2. Always wait for the last kiss/breakout. 3. Always buy the second candle after retest. Please follow the stop loss as intraday is all about minimizing losses and maximising profits !! Feel free to follow me on Quora (Jago Niveshak) for daily calls and...
SHORT NSE:HDFCBANK Below 925 SL 936 Target 905/890 More details in chart.
SHORT SELL NSE:LICHSGFIN below 280 SL 288 TGT 264/260 On daily chart having inverted hammer at previous resistance. High Probability trade.
found this stock on scanning for SUPPLY ZONE, there is a big move made by the financial institution ,hence forming this SUPPLY ZONE, its aligned with higher time frame, and the zone is testing for the first time so its fresh , giving us a PROBABILITY i will not go long on this stock , buy will definitely SHORT this stock. REGARDS RAIFRAFI
Now is a very good time to go long if you haven't already. I have talked about Target and Stoploss earlier. Check that out.
LICHSGFIN Daily breakout if sustains on 474 must be showing 500-502 levels. HH-HL formation trend bullish Twitter - @TheSachinJain Telegram - @Tradingbud Do check out previous charts and setup. Latest nifty levels. :)
I HAVE FOLLOWED IBULHSGFIN FOR OVER 6 DAYS AND NOW THE STOCK IS PERFECT CANDIDATE TO STRADDLE .... AS THE IV PERCENTILE IS 98 WE CAN NOW SELL AT THE MONEY CALL AND AT THE MONEY PUT TO TAKE THE ADVANTAGE OF HUGE VOLATILITY CRUSH ......... I WILL SIGGEST TO BUY IT AND KEEP IT FOR ATLEAST 10 DAYS .....TO GET A HANDSOME RETURN ...AND IF YOU WOULD LIKE U CAN EXIT...
AUDCAD on a high probability tradesetup. it is supposed to move for a week long position.
AS YOU CAN SEE THERE IS A GREAT SUPPORT NEAR 68 TO 70 RS. CHANNEL SUPPORT AND FIBONACCI SUPPORT IS ALSO THERE . LAST TIME SUPPORT IS ALSO THERE. TARGET RATIO IS ALSO VERY GOOD
As it sees it forms a descending triangle in 30 in time frame + volume + rsi + at a fib .38% level on a daily chart + having long trend line support as well. For Day trader - Buy above 219 stop loss 216 TARGET- 222 224 228. For other trader- buy above 220 stop loss 205 TARGET- 230 240 250. In a case of downward breakout initiate buying in the range 206-211 stop...
HDIL has made a cup with symmetric triangle formation ...and somewhat at bottom trendline, looks like a double bottom... If it gives breakout and crosses the resistant line then we may see big upside.... Short term target are 92/95 SL 90 I will update longer target if breakout happens.. :D Note: Do your own study before making any position... Please...
SL and targets are mentiond on the charts... Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
Bank Of Baroda is standing over the support line where maximum possibility is that it can bounce back to upside from this region.... If this happens, targets will be 174/182/193/210 and SL: 160 If this doesn't happens, downside targets will be 160/150/140 and SL : 170 wait for the clear trend and based on that take position.... Note: Do your own...
Vedanta is following an ascending triangle pattern... Short VEDL for the targets of 230 with the stoploss of 238.5 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
PNB Housing Finance beautyfully taking support over 50 Days EMA and on that trendline.. Previously also I had mentioned this stock during correction and it has given handome returns... :D (link: ) Good Risk Reward and high probability trade... Targets are 1350/1500/1690 SL 1130 which should be trailed below trendline support Note: Do your own...