This is Daily timeframe. BEL have retraced and now consolidating for last 4 days in a range, it rejected to go for lower levels last day. MFI is at 21.77 level. There is a chance that is gives a bounce and continue it's rally. From botttom to top, it is currently at 0.38 fibonacci level. Keeping SL just above 0.61 fibo level. Psychology behind trade and SL...
Promoters have increased holdings from 44.41% to 44.51% in Jun 2022 qtr. FII/FPI have increased holdings from 0.21% to 0.64% in Jun 2022 qtr. AS SOON AS 133 IS TAKEN OUT ON WEEKLY CLOSE 20% move expected... WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor, so before entering on my view please ask your SEBI Registered Advisor. Profit is your...
reliance good for long, at current price, entry price- 2377 stopped- 2245 target 1- 2899( 1:4 RR) target 2- second purple line on chart.
Setup Contains: 1. Stop hunt (Sell Side Liquidity) 2. Structural breaks 3. Institutional OF Bullish 4. Targeting HTF Premium POI's FOLLOW PAFX & TRADE LIKE BANKS 💸
GRANULES INDIA is forming flag and pole pattern and now gave the breakout from the flag with good volume on 1D TF. Pole formed from March 2020 to Nov 2020, and since then it is consolidating in the flag portion till SEP 2020. Recently after consolidating at top of flag resistance for 80+ days (50+ bars) it has given breakout on 30th SEP 2022 with good...
looks like asian paints is geared up for new all time high. got good rejection from 3300. so we will keep this as stop loss. final 3550 short term target. once ATH is broken then 4000 also possible.
Catch the moment in Rites (nse symbol) Stock selected with 3 Parameter Strategy Buy near 316 First Target 334 Second Target 366 Cash Market stock
Hi there, Nifty Closing today 29/09/2022 : 16818 spot Since last 3 weeks if we observe Nifty movement there is lot of selling pressure. From the recent high of 18096 levels Nifty has declined almost 7.5%. In the chart if you observe I have drawn a primary wave .It looks like we are in the wave 2 of that Elliott wave. wave 2 will be mostly 3-3-3 or 5-3-5 corrective...
Setup Contains: 1. HTF AMD Setup 2. Discount To Premium array projection 3. Stop Hunt (Sell Side Liquidity) 4. Returned to Discount Arrays FOLLOW PAFX & TRADE LIKE BANKS 💸
WIPRO could go long from this price range. Downside risk is very low while upside potential is very high. CMP is at 200 day MA and crucial Fib Retracement level. For 1-2 months timeframe, we could expect a ₹20 - ₹30 on the upside. If CMP goes below ₹380, exit positions and wait till ₹350.00 to make new entries. For those who can hold for 6 months to 1 year time,...
Nifty is in the Golden Fib zone. If any expiry day reversal this will be good time Conditions : Nifty should form a low here in and around golden zone It should give closing above 16945. After that If it give a pull back then we can enter with day low as SL No trade if the conditions not met. If all conditions are met Managing the trade: If the trade goes in...
Setup Contains: 1. Stop Hunt (Sell Side Liquidity) 2. Internal Structural Break 3. Expecting Return to Discount POI 4. Targeting PDH Liquidity FOLLOW PAFX & TRADE LIKE BANKS 💸
All the rules and conditions explained in previous Nifty idea. Same logic applies here also. If today's low is defended this will be a jackpot trade All the details are mentioned below Entry:38015 Don't have a feeling of FOMO. No need to compromise. We can always find entry points. SL :37820 Lets see If we can secure this trade. Managing the trade: If the...
Since the last 1D green candle close our market is down by almost 4.5% Those who shorted the market heavily will start booking profits if the market start going up. Because of this reason I'm expecting a positive day and close today. Even the recent idea Elliott waves suggesting a retracement. All the details are mentioned below Entry:16930-16950 Depending on...
Any pattern is not perfectly formed.. So we take confluence in them .. as i can see there is this bullish cypher pattern in formation Which is not that perfect yet with in my error percentage. along with Open intrest As confluence and support resistance levels .. This is my View and my trade not a suggestion Weekly Time frame Bearish signals
I have attached my actual idea link here Going by that setup we can plan for intraday buying opportunity Entry:17040 SL :16970 Its a little bit big SL per lot If i have to say roughly 35 rs per lot for ATM call option. Lets see If we can secure this trade. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to...
Look at the bigger picture. It might be a 5-3-5 corrective pattern(ABC) or 3-3-3 corrective pattern (WXY). If Nifty crosses 17135 recent swing high then it will be a buying opportunity in intraday basis. Targets of 17330 If Nifty crosses 16997 recent swing low then it will be a selling opportunity in intraday basis. Targets of 16800 Please do not take a trade just...
All Levels are in the chart. If the low is protected Price will reach its day high in intraday. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit remaining with trailing Stop loss. *SECURING...