NSE:LUPIN has printed a bearish pinbar around its near term resistance of 820.....i will look to short tomorrow for trgt 790
NSE:TECHM has printed a nice bearish pinbar around its life time high......high chance of reversal ...tomorrow i will look to short.......contra trend trade..... risk is high....only trade with light position
High Risk/Reward Ratio on UNION BANK OF INDIA Stock to go long here. Exposure to Gitanjali Gems NPA has been blown out of proportion in relation to this stock. Time to be greedy when others are fearful. Getting behind this stock at these price levels which havent been since since early 2007 becomes a smart play.
At the onset, I want to make it clear that EW count on hdfcbank is a tough job because of the exponential nature of the price curve. What i have presented below is just a thought experiment. No trade is intended or suggested. The chart here is the post demonetisation rally (jan 2017 onwards). 3 waves seem to be complete with wave 4 underway. My basic premise is...
At the onset, I want to make it clear that EW count on hdfcbank is a tough job because of the exponential nature of the price curve. What i have presented below is just a thought experiment. No trade is intended or suggested. The chart here is the post demonetisation rally (jan 2017 onwards). 3 waves seem to be complete with wave 4 underway. My basic premise is...
NSE:TCS has printed a bearish pinbar around its resistance of 3180 ..... so i will look to short tomorrow......but this trade is very high risk as tomorrow is the earnings announcement date after market hours..... but reward will also be high if it goes in your favour ....as per my view if 3100 broken it may move below 3000 also. "DARRR KE AAGE JEET HAI" ;)
All details in the chart- Good Luck
NSE:COALINDIA has printed a bearish pinbar near its resistance of 290 .... i will look to go short tomorrow
NSE:AXISBANK has printed a bullish pinbar who's tail touched its 200EMA and near term support of 530 and closed at 542.40 .... so tomorrow i will look to buy in futures
NSE:ONGC has printed a bearish pinbar around its resistance of 184 ..... i will go short around 183 tomorrow.... you can see my related link ....i had completed up swing... as i mentioned in that trade
NSE:ASIANPAINT has printed a bearish pin bar around its resistance of 1160...... i will go short tomorrow
NSE:KOTAKBANK printed a bearish pinbar which shows profit booking at its all time high.... looks like it will retrace before breaking its high......So i will Go short around 1125 tomorrow......Contra trend trade..not for faint hearts ;).
NSE:TATAMOTORS has printed a nice bearish pinbar in such a bullish day..... i will go short tomorrow around 367 for trgt of 340
NSE:ADANIPOWER has printed a bearish pin bar today ... so i will go short tomorrow
Tomorrow is weekly expiry of the banknifty FNO. This is usually a reasonable dramatic event but even more so tomorrow. Today, the news of Chinese retaliation to Trump trade sanctions threw the markets off. BUT, it happened in the Asian and European hours. As I expected, the US markets are much more sanguine about that. This has got to reflect tomorrow in the...
long Mahindra Tomorrow around 745 with sl 735
NSE:BANKBARODA has a resistance around 146 ... it has printed a bearish pinbar .....will look to short tomorrow above 142 for first trgt of 136. with stop loss 147... once it closes below 132 ... get ready for free fall
Hello Guys, I'm looking at all indian aviation stocks, all are pointing towards downward movement, this is a weekly chart so look for sells on lower timeframe. after that downward move there will be pretty good spot to put your money in these stocks.