Momentumstrategy
LOOK FOR BUYInfratel is in downtrend from oct 2017 but now we can see the buyers are trying to control the market as per momentum signal, Now we have to wait for a pullback to enter in the trade.
LOOK FOR BUYPrice broke the trendline and trading above the trendline, Its a sign that buyers are more powerful than seller, So look for buy only and we can see a counter trendline, So wait for the break of trendline with momentum and take a buy trade
NEW YEAR TRADE NIITECH JAN (FUT)HEW YEAR TRADE
NIITECH
STOCK HAS FORMED A STRONG DEMAND AND SUPPORT ZONE
NEAR 1100-1105
AS PER MY VIEW A SLIGHT GAIN IN DOLLAR IS EXPECTED IN JAN
WHICH WILL LEAD TO INCREASE IN NIITTECH
HAS BROKEN 1140 AGAIN ON WEEKLY CHART
JAN FUT
BUY@1155
STOP@1105
TARGET 1@1205
TARGET 2@1250
LOT:750
QTY:1
MOMENTUM TRADE IN EQUITAS DEC FUTMOMENTUM TRADE IN EQUITAS
RISE IN OI+
RESISTANCE TURNED SUPPORT++
BREAKOUT FROM INSIDE RANGE BAR+++
DEC FUT TRADE
BUY@125
STOP@122.5
TARGET@130
LOT:4000
QTY:1
MOMENTUM TRADE IN COAL INDIA DEC FUTMOMENTUM TRADE IN COAL INDIA
YESTERDAY OPEN INTEREST ABOVE 8.5 %
TODAY'S OPEN INTEREST ADDED ANOTHER 5% AND ABOVE
RISING OI+RISE IN PRICE+RISE ABOVE KEY SUPPLY/RESISTANCE LEVEL
SIGNALS BULLISH MOMENTUM
STOCK CONSTATLY REVERSING FROM 246.5 TO 250 LEVELS
FINALLY BREAKS 252
BUY IN FUTURES
DEC FUT
BUY@252.5
STOP@247.5
TARGET@260
LOT:2200
QTY:1
SWING TRADE IN IBULHSGFIN DEC FUT SWING TRADE IN IBULHSGFIN
DEC FUT
BUY@695
STOP@665
TARGET@765
LOT:500
QTY:2