IDEA
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..
Voda Idea Rights Issue | Trade NiveshThe Rs 25,000-crore Vodafone Idea rights issue was subscribed 1.07 times at close of subscription on Wednesday, bankers familiar with the matter said, as India’s largest telco sought to raise funds to repay debt and ease financial pressure to effectively take on rivals Reliance Jio and Bharti Airtel NSE 0.39 %.
high 17.10
low 16.30
VODAFONE IDEA- BREAKING OUT OF RANGE?? Marked swing Points, trend lines and Fibonacci level can be used for trading along with some momentum indicators.
Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters.
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal.
Invest your capital at your own risk.
Investment idea on stock financial viewWhich stock will you prefer to invest your hard earn money ?
a) stock which have No debt in last five years.
b) stock which have small debt comparing to their last five years.
c) stock which have big debt comparing to their last five years.
d) None of the above.
My choice is (a) . What yours ? Feel free to give your views in comment section .
SELL IDEA (Vodafone Idea Ltd) BELOW 30.85 TRADE FOR NEXT 1 FEW DAYS:
SELL IDEA (Vodafone Idea Ltd) BELOW 30.85
Nifty view for 2019Nifty
CMP 10690
So the big question is where is Nifty heading in 2019. The reality is we do not know the answer how it will actually pan out. But if we are to look at charts what it is trying to tell us. Here are some important points
- Nifty has been flirting with 200 day EMA for quite some time now
- On previous 2 occasions we observe that once the testing period was done it never went below 200 day EMA for months
- However this time the recovery has been a difficult phase and we have been flirting up and down the 200 day EMA for quite some time now giving an indication that bulls are not quite confident any more
- Every time it has tried to recover it has faltered (which is not a good sign)
- Will 200 day EMA start to act as resistance in 2019.... Only time will tell...
Given the chart set up 2019 could be a difficult year for Indian Markets
It may fall down to 10535 /10000/ 9100 / 8300 (extreme case) odd levels
Resistance 10780 / 11100
- So Trade cautiously & safely
-Do not use high leverage
- have a trading plan
- focus on risk management
Take care & safe trading...!!!
TCS chart viewTCS
CMP 1907
Below 1950 the chart setup suggests weakness in stock price.
It may come down to 1800 and could possibly even drag down to 1600 in the coming weeks/ months.
A close above 1980 may invalidate the chart pattern.
Stay cautious and trade accordingly.
Infy viewInfosys
CMP 659
The zone of 665-675 is an important level for Infosys.
Weakness will be confirmed once it closes below 644
Alternatively one may consider the following strategy for Infy
Consider selling Infosys 680 Call option for Jan series
Lot size 1200
CMP 21
Max profit potential ₹25200 per lot
The strategy will have an in built loss protection cover for a rise in stock price up to 701
Take care and safe trading...!!!
BTC - Yet another Triangle on 1H ChartBreak out of this Triangle will take us to 4050 Region.
Breakdown of this triangle will take us to 3300 zone.
Reason to be Bullish: Strong Support at 3500 zone. Any dip Below 3600 is been bought Quickly with a bounce.
Reason to Be Bearish: Triangles in Downtrends usually Break down.
Rpower; Trading at channel supportRpower
Cmp 30.90
- on an hourly chart the stock is trading near channel support
- channel trade set up target is around 35-36 odd levels
- stop loss if closing below 29.75
Risk :: Reward ratio looks favorable to go long
Take care & safe trading...!!!
Nifty grinding between 10430-10680 zoneNifty
CMP 10604
Last time when nifty was at 10503 levels charts were indicating up movement to remain intact till it holds 10430 levels.
Well Nifty has made a low of 10440 thereafter and has been doing a yo yo between 10430 - 10600 odd levels. Today's high so far 10651 is closer to the resistance level of 10680 indicated in previous post.
The idea remains the same - buy on dips.
Level of 10540-10560 could provide some support going forward.
Momentum might be seen once nifty manages to close above 10680 levels
Take care & safe trading...!!!
