NSE:EIDPARRY has a clear, copy-book symmetrical triangle / pennant pattern formation. Trade: Buy above 640, SL: 610, T: 660/680/700
NSE:LAOPALA has the following properties An inverted Head & Shoulder pattern created. High Volume A nice consolidation after that and trying to break it out. Trade: Buy above 430, T: 490, SL: 410
Levels: Support: 41850, 41375, 41080 Resistance: 42350, 42230, 42100 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 42076.75 ATM: 42100 , ITM: 42000, 41900, 41800 , OTM: 42200, 42300, 42400 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty per OI...
Levels: Support: 18300, 18250, 18220, 18175 Resistance: 18350, 18500, 18600 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18349.7 ATM: 18350 , ITM: 18300, 18250, 18200 , OTM: 18400, 18450, 18500 ---------------------------------------------------------------------| Highest OI Call in Nifty per OI...
Levels: Support: 41850, 41375, 41080 Resistance: 42100, 42350 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 42137.05 ATM: 42100 , ITM: 42000, 41900, 41800 , OTM: 42200, 42300, 42400 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty per OI data:...
A very interesting chart formation we can see in NSE:PRECWIRE . It was first an ascending wedge/triangle. The breakout happens. Then price retraces and retest the neckline of the wedge. Now the retest completes. Ready to fly. The N symbol (light blue), projection half-circle is shown. Trade : Buy above 103, SL: 97, T: 130.
NSE:ICICIBANK is in a parallel channel, where the current price action is at the bottom of the channel. So, it' a nice swing trading strategy to buy around 900 and sell once around 960. If sustains above 960, buy and then sell again on 1020. Roughly 120 point range play.
Logic: Symmetrical Triangle (Pandant pattern breakout) Trade: Sell below 123, SL: 125. T: ~119.
A Very Interesting Pattern in this lesser known share: An all-world-engulfing green candle on the day of Earnings. Very high volume breakout The 50 MA about to crossover 200 DM, a perfect entry. And the result .. it's awesome: PAT doubles (YoY), 4 times (QoQ) EPS doubles (YoY), 4 times (QoQ) Trade : Buy and Hold with a SL of 1610.
Rounding Bottom formation with a bullish candle ready to breakout, most likely driven by Q2 earnings. Volume build up is not bad. Trade: Buy above 235.50. SL: 230 T: 241/245
Levels: Support: 41350, 41100, 40850, 40645, 40420. Resistance: 41700, 41950 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 41603.75 ATM: 41600 , ITM: 41500, 41400, 41300 , OTM: 41700, 41800, 41900 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty...
NSE:FINCABLES is showing pretty bullish momentum. Multiple breakout ready signals Head and Shoulder pattern breakout Rounding Bottom Breakout Long term down trendline breakout Very High volume 10th Nov is result date Buy above 530, SL: 515, Target: 550/575
BSE:EXIDEIND is creating a cup and handle pattern breakout. The Q2 result is at 13th Nov. Trade: Buy above 178 with a SL of 167. Target: Open.
A Very Nice Falling Wedge / Descending Triangle pattern breakout ready. See the 350 level, multiple time bottom over long time. Trade: Buy above 365, Target: 390 / 415. SL: 350.
NOTE: As Tuesday is a Holiday for Guru Nanak Jayanti, so the FinNifty expiry for this week is Monday. Levels: Support: 18520, 18450, 18300 Resistance: 18640, 18740. Trade Setup: 1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support) 2. For any sell trade,...
Levels: Support: 41150, 41000, 40850, 40650 Resistance: 41430, 41680, 42000 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 41258.45 ATM: 41300 , ITM: 41200, 41100, 41000 , OTM: 41400, 41500, 41600 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty...
Levels: Support: 18080, 18050, 18020, 17990 Resistance: 18150-18180 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18117.15 ATM: 18100 , ITM: 18050, 18000, 17950 , OTM: 18150, 18200, 18250 ---------------------------------------------------------------------| Highest OI Call in Nifty per OI data:...
Levels: Support: 41050, 40850, 40650, 40450 Resistance: 41430, 41680, 42000 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 41298.35 ATM: 41300 , ITM: 41200, 41100, 41000 , OTM: 41400, 41500, 41600 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty...