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
Momentumstrategy
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