Intraday
coromandel - Equity / F N O / Intraday - swing - long termNSE:COROMANDEL
INTRADAY - SWING - LONG TERM
Date of analysis : 27 January 2021
Time Frame : 60 Minutes
Graph Pattern : Double Bottom
RSI Indicator : RSI Bullish Divergence
Observation :
1. Accumulation between 745 - 750
2. Trendline Breakout in zone of 745 - 750
3. Important support 725 -730.
4. After channel breakout Trend will be bullish.
5. Price action, indicator and pattern indicates possible Bullish move after channel breakout.
Intraday : 768 - 770 / or as soon as channel breakout/ or accumulation zone 745 - 750.
Stop loss : Not more than 2%
Target For short term / SWING = 466 - 780 - 795 - 800 (Strong Resistance) - after managing to break 800 underlying will move very fast
Long term Target - 466 - 780 - 795 - 800 - 815 - 880 - 910 - 950
Note : FnO Trader can go long in Future with Married Put strategy (Buy Future + ATM Put)
HDFC GOOD TO SHORT NSE:HDFC
Good to keep on the radar as it will help to decide market direction
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer -
SEBI UNREGISTERED
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
NIFTY- Possible Trade for 12-09-2022From the start of the September series , i.e., from July onwards the index has run up over 2500 points. The index saw signs of weakness near 18000-18100 zone and for the last four weeks has been consolidating in a range of 870 points. There is significant buying interest near to 17500-17600 zone, but at higher levels the buying interest is yet to emerge. SGX NIFTY indicates a flat opening with a mild negative bias. If the index fails to take out and sustain the highs made on friday, we may see the index testing the strength of those who built long positions near 17700-176000 range. For the day and the weekly expiry the important levels are given below
Bullish Above 17980
Possible Upside targets 18065/18166/18210/18250
Bearish Below 17840
Possible Downside targets 17760/17630/17580/17560/17540/17460
Disclaimer
The analysis provided here is only for educational purposes. The author(s) do not assume any responsibility for the trades taken based on this analysis. Consult your financial advisor before initiating any trades. Trade Responsibly. Over trading and trades with out proper setups and risk management can wipe out your hard earned money.
NIFTYKeep an eye on triangle marked with yellow lines for either side breakout or breakdown.
Balid for intraday only for 7th sept 2022.
Condition is market must open flat then only we can get good trade in this.
RR will be favourable.
Price ranges are mentioned for Target. 150 pts minimum we can get. Thank you
Happy Trading 😇