Market
INTRADAY for DEVYANI !!!#WEDNESDAY#
NSE:DEVYANI
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BUY
{
TRIGGER PRICE:-156
TARGET:-160-165
SL:-152
};
SELL
{
TRIGGER PRICE:-152
TARGET:-147
SL:-157
}
WHY INTRADAY in DEVYANI ??
{
HISTORY REPEATS IN STOCKMARKET!!
it's at its CRUCIAL level.
either it has to SHOOT UP OR further FALL to its BEST SUPPORT LEVEL(141).
chances are more in favor of SHOOTING UP from current level because of its good revenue...
BUT careful it formed a long legged DOJI !!!
According to my research and knowledge, it's going to boom for Short-Term.
}
Like👍 , Follow @VK2413 ,🙏 Share love ❤️ ;
} HAPPY TRADING;
AJANTPHARMA - Bounce above 2035Currently on a strong negative trend.
Today's volume is lowest in past 1 Year - daily volume. 10-D/M/3M/6M/Y- Low
Based on previous support -- possible to bounce back from the current level.
Need to wait to cross 2035 and can see 2095/2180 levels
-- This is my own idea/understanding & possible tukka 98% times.
Volatile continues where we can expect expiry. Feb 2nd expiry.Many days of volatility, we can say that the year began with volatility and that it continues, I would say. This Monday, it was b.K. 17400, which was an important fib 0.5 level. Once it is taken out, it is a proper down move. We all know that the importance of the 17000 to 17080 rage is that the rage acted as a support and bounced back again, multiple times, to 17450. A roller coaster ride for option sellers. Tomorrow, the RBI's policy meeting. interest rate fear will be there. Let's see how it ends tomorrow. If it continues above 17400, the next level to watch is 17600. On the down side, if any violation below 17350 rages, today's consolidation weakness is still there. We can expect a further decline in prices.
I am coming to the option of selling this week. Good for me. I have already booked a profit of nearly 1%. On Monday, nifty b.k 17400, I sold 17400 naked and gave a good profit, and on Tuesday, I entered my 17800CE position and waited to enter the PE side once it took a reversal. I entered 16550. The market moved up. profit in both PE and CE. I am coming to the option of selling this week. Good for me. I have already booked a profit of nearly 1%. On Monday, nifty b.k 17400, I sold 17400 naked and gave a good profit, and on Tuesday, I entered my 17800CE position and waited to enter the PE side once it took a reversal. I entered 16550. The market moved up. profit in both PE and CE.
Today's gap is filled with consolidation. I rolled up my PE to 17050 and my CE to 17700. I am holding on to it. This week I'm going to be super conservative because of last week. If nifty, open with a gap up. If it tries to break 17600, I will roll my CE PE up. If it goes below 17200, I will roll my CE down and I will probably exit the PE side if it goes below 17150. Otherwise, I could end up with this week's above 1.5%.
Schand & company for Swing Trade This stock is in the range for last 10months and recently it has given trendline breakout with good volumes,
Can be played for upside move for the target of 133/145 with small stop-loss of 100...
R:R is 1:2
Trade on your risk...
Only for educational purpose....
Happy Trading....
NIFTY BANK 21 Jan 2022Bank Nifty NSE:BANKNIFTY
Bank nifty is showing bullish momentum(RSI is bullish) but still, there is a strong hold of sellers following the TREND LINE.
Take trade above 15 min closed above 38000 and go long with upper targets.
or
Take trade if it gets a rejection from TREND LINE, then go and take down targets
Target is mentioned in the chart.
THANK YOU
HAPPY TRADING
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D Mart : Avenue Supermarts Ltd., Sector: RetailAvenue Supermarts Pvt Ltd.is one of the leading buyer company of Food, Garments, Toys & Games, Stationery, Footwear, Beauty and various Home Utility Products.
For Long-term Wait for dip buy. Watch on support level if on Support 4162 to 3995 show bullish candle go for buy. with 5 time investment process.
Target : 4700
CMP : 4276.10
Its shows Down trend now. On Date 13/01/2022 best opportunity for Short sale. Once Support 1 break seen big downfall again.
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#Niftybank Intraday Support and Resistance Levels - 12/01/2022This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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Rising Bull
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crazy gap down, simple expiry.What an expiry today, with interest rate fear taking nifty down. Look at the chart. There was a huge gap between the opening and the consolidation. Looking at the nifty 5 minute chart, there is a strong upward trend, supporting 50 EMA. Every time the Nifty is at the 50EMA, good buying activity. At one point, it indicated that it was about to cross the 18000 mark. But as we saw, the channel was created with respect to Nifty, and yesterday it was above the line at 18,000. Price action is at an important level, and profit booking may begin from there. I was expecting that. In the coming days as well, I will closely watch the 18000 level. If it tests again, rejects, or consolidates below the level, it might break out from there again. But with a positive global clue, it's hard to bark at the 18000 level. Keep an eye on FII DII activity. If FII starts buying and DII is still buying, but if DII starts booking their profit, the power of the nifty might slow down. Let's keep an eye on all these activities.
When it comes to my weekly option selling this week, I am in the green. But I haven't booked the loss for the 13th expiry (17300 PE). If I book the losses, my net profit and loss will be close to 2%. This 50EMA buying activity helped me to get out of huge losses this week. And I had 17650 PE and my 13th expiry (17300 PE) yesterday. I booked other positions with Profit. Because I was expecting a retest, I took this safe position. The day began with a gap down, which allowed me to exit with a good profit. On the PE side, there is a premium spike, and there is a massive spike on the 17550, 17600, and 17650.
My plan for the 13th expiry (17300 PE) is to sell anything above it with a good premium to minimize the losses. I will keep adjusting on my call side as well. I hope I can manage a 2% loss while trying to keep the net P & L green.
Finally the blood bath stopped and forming a possible W pattern.After a huge correction of market, it again went to green but forming a W pattern. Tomorrow market may go again negetive in the first hour and may be positive after 12:00pm to 12:30 pm possibly.
On exipry day market may start a great bull rally depending upon the move of the market of tomorrow if it makes the w pattern. Levels are given in chart
Crucial Support and Resistance levels for NIFTYCrucial Support and Resistance levels for NIFTY . Nifty has taken a good support as per the trendline drawn in the chart and expected to give some short recovery from the current level.
I have revised the levels basis today's bottom. I think NIFTY has very strong support at 17200 levels. Go long at CMP!
HIGH PROBABILTY SETUP USING MULTIPLE CONCEPTS(HINDUSTANUNILEVER)When we start trading stocks in the beginning we all run around indicators thinking that it is the holy grail of trading and after that losing hell tons of money and 90% of people who lose their 90% of trading capital in 90days leave the markets and say it's gambling but the rest 10% stay and staring learning about markets But unfortunately almost 99% information out there is wrong so rest 9% also stay in markets but they make profit sometimes then losses sometimes and just stay around the market or quit it after some time. Only the remaining rest 1% with correct knowledge master the markets and actually make profits from the market and sometimes make a living out of it.
So from this, we can conclude that trading is not easy money. It requires a lot of hard work and dedication and most importantly the right knowledge.
So It's very important to learn the right concepts that actually work that are PRICE ACTION, MARKET STRUCTURE, AND SMART MONEY TRADING CONCEPTS.
So here's a Trade Analysis of Hindustan Unilever which is based on the above concepts and the smart money concept used here is known as ORIGIN also known as OB or Order Block Trading.
A lot of things can be understood by looking at the charts.
Hope you enjoy and learn something new from it👍
I will bring more trade ideas related to all the above-mentioned concepts
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- Pranesh Sahoo