Indianmarket
A must buy opportunity in BHELLooking at the 4 hour time frame, the stock is making a beautiful triangle pattern inside of a channel. It has broken the trendline resistance of Rs 61 and has moved upwards. After almost 3 months of moving inside the candle, it has finally given a breakout. It also broke the trendline with good volumes which is another positive sign. Around 8% returns can be expected from the current levels in the short time frame.
When we look at the 1 week timeframe, it is clear that BHEL has given a breakout after crossing Rs 61. More than 20% returns can be expected in long term from BHEL. It can be bought now with a very small stoploss and the target being at the upper trendline of the channel pattern.
NSE:BHEL
Great Opportunity in Mother SumiIf we look at the 1 week timeframe, the picture becomes clear for MOTHERSUMI. The stock is yet to break it's upper trend line. Once the candle closes above the upper trend line, it can be bought for good returns. But until it's broken, you shouldn't jump into it directly. Have patience and wait for the stock to break the trend line. For now add it to your watch list and have a closer look into it
Quality Strategy for BAJAJ FINSERV LTDWHAT TO WATCH OUT FOR
Technical Overview
Recently it made Head & Shoulder Pattern during mid Sep to Nov end, during which it touched a high of ₹ 19325 and made a neckline of ₹ 17050. It confirm the downside breakout on 23 Nov 2021 and confirms the start of downfall of stock.
Trendline merging its top with shoulder has not yet been broken.
Quality Strategy for BAJAJ FINSERV LTD
TODAY, it made clear bearing engulging candle which confirm down trend further.
Sell December future near 16000
TGT 15600-15500
Major Support @ 15400
=======
We are still trading in the range between 15600 and 16400.
Any lower or upper breakdown will decide its direction again.
=======
Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis.
Follow the rules, be patient and stock market will definitely reward you...
=======
Take care, trade safe !!!
Regards
Team Moneymarine
Inflation, Omicron concerns pull down Indian Indices! What Next?Nifty has reset in its falling mode,currently it is in down trend.
QUALITY STRATEGY FOR TRADERS
Technical Overview
Nifty is creating bearish engulfing candle
Short nifty at CMP 17050
TGT 16800-16650-16400
Stop Loss 17300
SHOULD YOU INVEST?
Enter gradually near 16500, raise exposure once it crosses resistance of 17700. Nifty may give some immidiate correction but during Jan end Budget rally is expected.
Fundamental Overview
Rising Inflation
Rupee Depriciation
Omicron concerns
=======
We are still trading in the range between 17300 and 16400.
Any lower or upper breakdown will decide its direction again.
=======
Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis.
Follow the rules, be patient and stock market will definitely reward you...
=======
Take care, trade safe !!!
Regards
Team Moneymarine
AMARAJABAT TradeNormal Price Action Amarraja Batteries with SL, Entry, and Target
And 60% retracement is also done!
Institutions are building up their positions in IDBI bankIDBI bank is gearing up for the large moves in coming few weeks. There was a large accumulation for about 2 years and gave a break out with good volume on 28 sep 2021. We can also see that prices are making higher highs and volume is 2 times more when compared with the volume from April 2021 to Sept 2021 that clearly depicts, we are in Trending zone. At present it is a good opportunity to enter trade with good RR ratio (1:2).
Long term trade:- target Rs. 70 to 80 with Stop loss of Rs. 42
Short term trade :- target Rs.65 with stop loss of Rs.50
Shriram Transport Finance: Start of a new Bull RunBuy near ₹ 1400 with a stop loss of ₹ 1395
Target ₹ 1600
Happy Investing
LONG NIFTY 50 : Big move in coming DaysNifty 50 is moving within a channal since long as we earlier confirmed.
Big move in coming Days, keep adding on dips and hold your position tight.
If it is unable to stay above 17950 today, then bear may make a strong grip so staying above 18K would be good for bull to stay in the game. Expecting bounce in nifty from this level closing above 18200 will lead to new upside rally upto 19000
BANKNIFTY Shorting Strikes 🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 40500 CE and Short 39500 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 40200 happens then we can exit from short CE position and hold short PE Position until achieve the target of 40500
if breakdown at 39800 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 39500
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
NIFTY Shorting Strikes !!🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 18400 CE and Short 18000 PE
🛑 we can observe that market may be stays in between with the range of 18400-18000 ,only When there's no Volatility .
- if short both side / if we did short strangle
if breakout happens at 18350 then we can exit from short CE position and hold short PE until achieve the target of 18400
if breakdown happens at 18050 then we can exit from short PE position and hold the short CE until achieve the target of 18000
i hope that it will help a lot ,
if you like it do follow for more,
have nice day..
NIFTY 50 crucial levels for Friday! i was keep telling that market is opening in huge gap up it is not a encouraging move for market , now filling those gaps
- another thing to remember while investing in stocks , Smart money is pulling out from market
- Last 60 mins sessions was trapped call option sellers both in NIFTY n BANKNIFTY ( Can last 60 Mins rally will be deciding factor for tomorrow)
-Currently NIFTY is trading above 21Day ,50 Day, 100 Day moving averages
- - WEEKLY pivot point is at 18180
🛑 Key levels to watch out for intraday traders :-
- resistance is at 18300-18350 (18200 level will be very crucial for up move here we can see ( option chain) fresh short positions were added in 18200 CE)
-with SL of 18270
- 18450 we can see as the target after breakout
- support level is at 18200 - 18180
-with the SL of 18250
- 18100 we can see as target after breakdown
if you like it do follow for more , Have a nice day ...
NIFTY 50 Analysis n Trading ideas!!- Nifty filling up those gaps which are left vacant with huge gap up , i was keep telling that these gaps will fill up sooner than expected
- continuous three trading sessions were opened in huge gap up and Monday daily frame showing that indecision between buyers and sellers and following days Candles look like three black crows were forming which is clear indication that possible direction is towards downside and or it may be stay flat
- option sellers was trapped in todays last 60 mins sessions both in NIFTY and BANKNIFTY
- however banking stocks were out performed today and throughout the day banknifty holds the nifty
- IT sector was continue to Bleeding
- Mainly paint stocks were damaged market due to increasing crude oil which is now trading at 7Y high
- Rise in crude oil is definitely concern for every manufacturing and import , export companies
- GOLD prices and 10Y bond Prices were increasing which is indicating that some of investors were transferring money from equities to safer and less volatile assets
- For NIFTY 18050 - 18100 is very important zone to hold if it breakdown these levels or if closed below these levels then definitely market will enter into consolidation zone due to some concerns like raising in crude prices , 10Y bond , GOLD prices
regards - Agasthya
NIFTY Shorting Based On VIX !!🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 18500 CE and Short 18100 PE
🛑 we can observe that market may be stays in between with the range of 18500-18100 ,only When there's no Volatility .
- if short both side / if we did short strangle
if breakout happens at 18500 then we can exit from short CE position and hold short PE until achieve the target of 18500
if breakdown happens at 18180 then we can exit from short PE position and hold the short CE until achieve the target of 18100
i hope that it will help a lot ,
if you like it do follow for more,
have nice day..