Trade setup for SBINSBIN looks good for intraday
Comment if you have any doubt regarding my setup
Stay Safe!
IDEA
Trade setup for BankniftyPersonally, I feel Banknifty is in a downtrend as the US just released their unemployment data, which has increased compared to the previous year
Take trade according to your risk capacity and analysis
If you have any doubts, comment down below
Please drop a like on the post!
Stay safe!
Nifty Possibilities in Upcoming WeekPURELY TECHNICAL
Optimistic View - Nifty retraces to 7500 and rebounds back to current levels to complete a double bottom formation before breaking resistance @ 8900, in which case the target would be 10,000 (Max Call OI). This will become the next crucial resistance level.
Pessimistic View - Nifty retraces to 7500, either stays within 7500-8900 level or breaks lower to 6800 (Long term support level for Nifty - check monthly chart). Note - 8000 to act as short term support (Max Put OI).
Hey you reading this, would love to know what your views are. Do share buddy, thanks!
PS- I also see H&S ;)
Analysis on ZEELComment if you have any doubts regarding my idea.
I also would like to read about how I could have improved my analysis, so comment where I could have improved.
Long on BPCLTarget of 395, roughly 25%
Do your own analysis before taking any decision
Comment if you have any doubt or any suggestion for improvement in the idea
Neutral on BPCLBPCL can move either side.
Chart analysis shows it has broken the support zone and should head down towards 360 levels
But privatisation and fall in crude oil price can push the price up.
Due to coronavirus, the market is mostly based on the news rather than technical.
Upside target of 503
Bharti Airtel: Like a Phoenix rising Bharti Airtel
CMP 540
Telecom sector had been out of flavor for a long time now.
However the current chart pattern reflects things have changed and possibly changed for the good. Bharti Airtel has now broken above the parallel channel after 12 long years.
Could this be a signal that the worst is over...
Only time will tell.
But the current setup suggests any dips especially towards 510-485 levels is a good entry opportunity in the stock and the target for current set up comes around 786-820 levels
Take care & safe trading...!!!
Idea Mid Term BuyIdea share price has been following trend within trend with ascending triangle. Hope it will touch level Rs 20 to 30. then sudden down or range bound possible.
Short term target Rs 10 to 12
Mid term target Rs 20 to 30
Duration 20 to 90 Days
Disclaimer: Stock Market Is Subject To Market Risk. Buy Sell Is Your Choice.
Cheers!
Vikas Gupta
Long on BPCLBPCL has broken the weekly trendline (white colored line) and also retested it on last friday.
BPCL has yet to break the green trendline , which would confirm the bullish flag pattern and shift BPCL's momentum towards bullish .
BPCL has used the orange line, which was previously a resistance, as a support and is ready to bounce up.
Target 500 with SL at 460
Long on BPCLBPCL has already broken its long term trendline for a long move. A breakout from the other trendline will confirm the uptrend for a target of 473 with a stop loss of 461(Risk to reward of 1.5).
Short ZEELZEEL has broken the upward-trendline and is ready for a downward move. Short at market price for a target of 270 and a stoploss of 285. For a confirmed downtrend, short at 278 when it retests the level for resistance. Views are welcome.
Nifty: The comeback is stronger than the fallback...Nifty
CMP 12078
Nifty has recovered most of its losses is half the time.
Nifty looks likely to continue its upward journey
Target for the current set up 12300 / 12450
SL if Nifty is closing below 12026
Take care & safe trading...!!!
Idea lost all the idea bearish all the way to 10.15Idea lost all the idea bearish all the way to 10.15. if the idea gets any chance to impress you good luck.
Go Long Nifty Smallcap IndiaGo Long. i have seen a strong support near 5750. Super Trend weekly indicator shows go long..
