Get started

Indianstockmarket

IndusInd Bank: Weekly chart looks lucrative Note: Weekly Chart: - Rounding Bottom formation completed with 11 months time horizon (blue arch) - Convincingly above long term (3 yrs) downtrend line. (blue solid line) - Cum. Vol delta is positive and in uptrend for last few weeks (below plot) - In a fresh motive Wave-1 in Elliot Wave since July (purple). With a SL of 1150, one can long. For safe trader can create a Bull Call (debit) spread with 1200 CE Buy and 1400 CE Sell (preferably Oct'22 expiry) as it's weekly chart.
NSE:INDUSINDBKLong
by pradipandsuvra
INDIABULLS HOUSING FIN Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the pullback. 6. Don’t chase the market. 7. Don’t fight the market. 8. Even in the strongest trends there should be some retracement. 9. The closer the market is to the trendline, the better the risk/reward ratio is. 10. Use ADX to determine the strength of the trend. 11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy 12. Hold trades longer in a strong trend. 13. Wait for confirmation of a trendline breaking before reversing position. 14. Know where the Support levels are. 15. Place stops outside the Support levels. Thank You..
ILong
by Rvkachhadiya
BANK NIFTY Analysis / Observation 40000NSE:BANKNIFTY I strongly believe this is not a breakout , and might be a fake one as NIFTY HASN’T BROKEOUT YET If NIFTY BANK breaks and closes above the parallel channel, then i may re-think about my analysis Here’s a link to my previous Analysis I’m still thinking it may play out, keeping in mind of foreign markets. Watch for breakout and close above the parallel channel and invalidation of H&S. Share if you like it PS: THOSE IS FOR EDUCATIONAL PURPOSE ONLY
NSE:BANKNIFTY
by shudh-hira
2
Nifty: Down then Up?I am trying to using LuxAlgo's awesome time-series predictive fittings into the Nifty daily chart. The last one month's (19th July to 19th Aug - mentioned as orange in the photo) has the most similarity between 20th Dec'21 to 20th Jan'22 (green in the photo) :) My construction is: training window (grey in the photo) is last 10 months and prediction window is next 1 month (dotted portion). Make sense? So you now can refer that per price-chart to see how the price action was after 20th Jan and decide by yourself where Nifty is heading for Sept'22 :) Of course LuxAlgo indicator provides a way to predict the future based on the most similar (which I used) correlation coefficient, using cumulative time series prediction construction. The data is shown also. In my tweeter handle @pradip_ I am also adding how the future price looks like if I use prediction construction as mean or linear-regression. Please check.
NSE:NIFTYLong
by pradipandsuvra
5
CROMPTON GREAVES : GOOD FOR LONG TERM HOLDING !!Hello !! Welcome to the quick update of Crompton Greaves. It has shown potential rally from the last two days and has broken the long term down trend upwards. A good rally may be imminent here if one consider this stock to add to his/her portfolio as this stock has very good fundamentals. The possible entry points should be in the range of Rs 325 to Rs 337 with a target of Rs 372, 384, 403+ This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
NSE:CROMPTONLong
by ScramblerG
3
Nifty (India) Due for Correction in Bull Run Impulsive Wave AOn Daily Basis: Nifty Index of India pierced the strong resistance at 16676 then 200 DMA at 17000. It signifies Impulsive Wave A of Bull run starting from 15280 and has a resistance at 18053. On RSI, Nifty is into deep overbought territory and a corrective wave ABC should start anytime. 200 DMA is now a support and 38% Fibonacci correction from 18050, the level of support comes to 17000. In such corrective move, Mid Cap and Small Cap tend to perform well. Exit at around 18000 level and to buy at 17000 should be the trade zone for Nifty. Short only for short term basis only. Warning and Disclaimer: Above prediction should not be taken as financial advise, it is a personal opinion. Consult your financial advisor. Investment is subject to market risks. Past performance is not the guarantee for future performance. It is for educational purpose only.
NSE:NIFTYShort
by AnkurSharda3
Pidilite: Runaway Bullish formation before 10th Aug ResultsPidilite: Runaway Bullish formation before 10th Aug Results Bullish breakout from a long term rounding bottom formation with very high positive volume. Last 8 trading sessions, it's a runaway green candles and bullish kickers. That's pretty uncommon. A 6months old resistance line is decisively broken this time, after testing thrice. Most likely the Q1 result will be a bumper result (on next Wednesday). Cumulative Open Interest (COI) is pretty high and showing long buildup. OI data is even interesting. 93K Puts are there at 2600, clearly a support. Out of 93K, 39K Puts are added in last week. There are good amount of (36k) Calls are added at 2640. All of those people will be trapped once Pidilite stays above 2640 on next week. Plus: There are 54K calls are written in 2660, out of which 53K is added recently. Support : 2600 (from OI data) Resistance : 2660 (from IO data), 2700(from OI data), 2725 (previous swing high in chart).
NSE:PIDILITINDLong
by pradipandsuvra
1
LIC LISTING DAY UPDATE : SHOULD YOU HOLD IT OR SELL IT ??Hello !! Welcome to the quick update of LIC INDIA share, one of the biggest IPO that was listed today morning. Even after a lot of hype and huge market share, LIC IPO was not given much importance by the investors. The IPO was listed at a discount of around 9% at Rs 872. The retail investors got the gains as the IPO was provided at a discount to them. However, we saw some buying at the Rs 872 level, pushing the price all the way up to Rs 918. As of now, with the 1 min timeframe chart, I can see the stock can touch up to Rs 941. LIC may be a good stock for long-term buying. As of now, we need to wait for a clear picture. Let's see how the market responds by the day close and we can take a possible entry if we see some positive response. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
NSE:LICI
by ScramblerG
4