In 15 minutes time frame we can see clearly BANKNIFTY working in a RECTANGLE box where upper side is a strong resistance market have changed the trend in BIG time frame but we need a breakout of resistance for confirmation bankifty if manages to control above 36800 we can see a good rally upto 37500/38000 straight. ALWAYS FOLLOW PROPER RISK MANAGEMENT AND POSITION SIZING
Banknifty have given breakout of falling wedge channel today which is a sign of good revresal in an hourly timeframe.
aartiind in looking weak a good short trade can be done in aartiind if hourly candle closes below 955 we can see a slide panic till 935 view will be neglected if we didin't get any candle closing below 955
HDFC is looking for short in INTRADAY a short can be done if opens gap up from 2710 or below 2660 if opens flat ALWAYS follow proper risk management and position sizing
Tata steel looks good for intraday can be shorted with small sl. always follow proper risk management and Position sizing
techm can be shorted in intraday short can be done from 1530 or if opens gapup can short from 15450 also with strict sl always follow proper risk management and position sizing
stock has given a breakout of 5 years keep eye Always trade as per plan and follow sl and risk management
We have shorted apollohosp positional with a small sl of 5200 and target of 4700/4300 Always follow proper Risk and position management. Trade as per your risk appetite
NMDC bounced from the weekly support and in DAILY time frame have framed a very good Bullish Engulfing Candlesticks which clearly depicts that stock is trying to change the trend. A long build-up can be initiated in NMDC above 145 if we get hourly good closing support in short term target of 175 are easily on charts in long term we can see bounce upto 300...
On last trading session (FRIDAY) before the closing of the market we have seen a clear bounce from the important zone of 17600 if market manages to sustain above 17600 level on Monday index is heading for 17900/18000 in coming days. As a trend reversal trader I will like to built a long position in NIFTY above 17760 for the above mentioned targets. Also RSI Is...
Indusind bank at its major weekly support /demand zone a good long position can be created with small sl Always follow risk management and position sizing
A very good a candidate in today's INTRDAY if open flat buy in range 1420-1430 keep strict SL target will be yesterday high 1460 if yesyerday high taken out we can see next target in coming days of 1480/1500 also . HAPPY TRADING
Tata steel have clearely given short side trade today at 1310 for target of 1105-110 One can again enter in short at 1310 or if day's lows breached out at 1246 Keep eye