SHORT-TERM TRADE IN BANKNIFTY F&0SHORT-TERM TRADE IN BANKNIFTY
VIEW:-
INDEX IS HOLDING ITS 21-BAR EMA ON HOURLY CHART
THIS SHOWS STRENGTH IN UP-TREND
TRADE IN BANKNIFTY 28TH FUTURE CONTRACT
LEVELS ARE ACCORDING TO SPOTS PLEASE ADJUST FOR FUTURES
BUY @30300
STOP @30200
TARGET 1@30450
TARGET 2@30550
TRADE IN OPTIONS
30500 14TH NOV CONTRACT CALL OPTION
BUY @330
STOP @260
TARGET 1@500
TARGET 2@600
LOT:20
QTY:15
Momentumstrategy
MOMENTUM TRADE IN M&M FIN !!(FUT)!!MOMENTUM TRADE IN M_M FIN
VIEW
:-CROSSING ITS MAJOR HURDLE OF 361
:-AFTER A VERY LONG TIME NEEDS A CLOSE ABOVE IT
:-LOOKS A TEST OF 200-DMA IS ON THE WAY
:-SWING TRADE IS POSSIBLE WITH A GOOD RISK-TO-REWARD
TRADE IN 28TH NOV FUTURE CONTRACT
BUY @364
STOP @358
TARGET @376-78
LOT:1250
QTY:2
KOTAK MAHINDRA BANK ON THE WATCH VIEW ON KOTAK MAHINDRA BANK
:-THE RANGE IS NARROWING DAY BY DAY
:-CONFIRMING POLE FLAG PATTERN
:-POLE FLAG PATTERN IS A CONTINUATION PATTERN
:-I.E WE EXPECTING A BREAK ON THE UPSIDE
:-DIVERGENCE VISIBLE IN THE CHART
:-WAIT AND WATCH APPROACH
:-TRADE WILL BE TAKEN FOR SHORT-TERM,MOMENTUM AND POSITIONAL AS WELL
:-ONCE LEVELS ARE TAKEN I WILL SHARE THE UPDATE
LONG IN TVS MOTORS!!(FUT)!!MOMENTUM TRADE IN TVS MOTORS
VIEW
:-RISE IN OI+RISE IN PRICE INDICATES LONG BUILT-UP
:-BULLISH ENGULFING VISIBLE ON DAILY CHARTS
:-200-DMA IS TAKEN OUT AFTER A VERY LONG TIME
TRADE IN FUTURES 28TH NOV 2019
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE PRICES
BUY@ 476
STOP@470
TARGET@490
LOT:-1100
QTY:2
PLEASE NOTE:
ALTHOUGH REAL OI DATA WILL BE AVAILABLE ONLY AFTER 6/7 PM
!!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!!
!!PLEASE DON'T OVER TRADE!!
!!LIVE TO FIGHT ANOTHER DAY!!
!!HAPPY TRADING!!
Minda industry forming a double bottom Almost 42% correction in this stocks , forming a double bottom at 266 with a clear divergence in rsi amd Macd .
Wait for breakout to happen above 390 and 455 on weekly basis to add new positions.
This is stock to watch as stock is still above 200WEma
MOMENTUM TRADE IN UJJIVAN FUT APRIL (FUT)MOMENTUM TRADE IN UJJIVAN FUT
APRIL FUT
BUY@324
STOP@314
TARGET@334 ST
TARGET@344 LT
LOT:1600
QTY:3
NEGATIVE DIVERGENCE SEEN
TRADE WITH STRICT STOP
GOLDEN CROSSOVER SEEN (50-DMA C/O 200-DMA)