Update: Will Nifty see Year End Dhamaka rally... YES WE DID 😀Nifty
Closing 13981
Well although Nifty did nothing on December 31, 2020 but after our view posted on December 25, 2020 Nifty had already moved a little faster and was ahead of it's time and like all Express trains🚆 which run before time have to wait outside the station for it to enter; Nifty too took a breather today but closed exactly in the range we predicted...
Go to the link below that was posted on 25 Dec, hit the Play button in the chart and see for yourself...
Analysis helps us to rationalize our expectations, not get carried away and make better trading decisions
Other ideas that are active and open
MGL
BPCL
ICICI Securities
HAL
Adani Power
Tata Motors
NMDC
Strategies that closed in December
Reliance (Gave desired profit)
Ultracem (Gave desired profit)
BHEL (Gave desired profit)
LICHSG FIN (3 trades in this counter overall and all working well)
UPL ( one idea that did not work)
If you like it, do Hit the Like button / comment below...
For more such ideas, do Follow and stay updated
2020 has been a roller coaster ride for market and for many has not been an easy one on different walks of life...
But remember, there is always a better tomorrow waiting for us.... So Stay positive, stay healthy, be more ambitious, be more willing to put in efforts, be action oriented and my best wishes to you and your family for a healthy and wealthy New 2021.
Stay blessed,
Vaibhav Deshpande
Indiamarketoutlook
LICHSGFIN
LIC HSG FIN: Chart set up & trading strategyLIC HSG FIN
Last time when the stock was at 380, we had suggested the stock is potentially running into a series of resistance and hence suggested a 410 Call Short strategy at 5
That has worked well so far giving us a profit of Rs 7200/- per lot so far
At current levels, we see the stock is trading near trendline support.
331 is very important for LIC HSG FIN
Given the set up one may consider selling LIC HSG FIN 31 December Expiry
330 Put option in the range of 5-7 (Closing Price 5.75)
Lot size 2000
Max profit potential Rs 10000/- to Rs 14000/- per lot
Risk cover for a fall in price up to 325 / 323 till expiry day
Do note: ( For those who have taken a 410 Call Short position, for them it would be a Short strangle strategy)
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
LIC HSG FIN: Chart set up and trading strategyLIC HSG FIN
CMP 379
Charts indicate the stock is running in to series of resistance levels 382 / 390 / 400 / 408 / 412
Given the set up one may consider to sell LIC HSG FIN 31 Dec 2020 expiry
410 Call option around 5
Max profit potential in the strategy Rs 10000 per lot
Yield potential in strategy is of 4.5% on Margin up to 31 Dec
Risk coverage for a rise in stock price up to 415 has been factored in
Do Hit the Like button or Comment below.
Follow for more such ideas.
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
LIC HSG FIN: Reaping the rewards of Technical AnalysisLIC HSG FIN
CMP 379
This is what we had said on 18th August
When price was at 266, Technical Analysis helped us envision that LIC HSG FIN can scale up to levels of 351-368
This is what Technical Analysis can do for you....
help you identify your Entry and Exit levels, understand your risk and reward potential, and most importantly keep a Plan of Action ready when you see those levels come...
There are many more chart set ups in LIC HSG FIN that you can explore below and see for yourself how Technical Analysis and working behind the scenes before you enter a trade can make a difference to the outcome.
Going forward 400-408 is an important resistance zone.
Do hit the Like button for the Power of Technical Analysis
Follow for more such ideas
Happy trading...!!!
LIC Housing Finance : Break outThe stck has already given a break out on a long term trend and also creating a short term trend. We can follow that trend and buy with a target price of 370. It has the potential to break out the short term trend (green) because of it's quarterly result. So in my view this is a good stock to bet.
Buy LIC Housing FinanceNSE:LICHSGFIN
Lic Housing Finance gives a breakout from 310 and then its re test the break out level, which is establish a bullish trend,
You can buy it from here as a short term trading, for a target 360 with a stop loss 280.
Remember in every trade there is a risk also, trade with your risk apatite.
LICHSGFIN - FLAG AND POLE PATTERN - BULLISHThis pattern has a 90% success rate. So dont miss the breakout. Trade when an upside breakout happens. This is a swing and intraday pick.
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me on tradingview to get such intraday and swing picks everyday.
Happy Trading!!