Chemcon is consolidated between a price range, which forms a channel pattern. Upper line is Resistance line and lower line is Support line You can see many times the support & resistance tested as well. In such patterns we can take positional entry at the breakout point. How to calculate the target? I have marked resistance and support points namely A & B...
-SGX NIFTY IS SHOWING A GAP UP OF 45 POINTS -THIS SHOWS A POSSIBLE OPEN ABOVE YESTERDAY HIGH -BEST PART IS NIFTY HAS BROKEN ITS 200-EMA ON DAILY CHART AND MANAGED TO CLOSE ABOVE 10550 -AND IF THE MARKET SUSTAINS ABOVE THAT WE CAN SEE BIG MOVES ON NIFTY -A " BUY ON DIPS" RECOMMENDATION -CRUCIAL SUPPORT AT NOW AT 10550 -MARKET IS LOOKING TO REASON TO RALY...
NIFTY TRADE STUDY IS BASED ON SPOT RATE PLEASE ADJUST FOR FUTURE LEVELS CONDITION:- INDEX SHOULD CLOSE ABOVE 20-DMA @11111 A CLOSE ABOVE 1140 IS NEED FOR CLOSING ABOVE SUPPLY ZONE RESULT:- IF THE ABOVE CONDITIONS ARE MET NIFTY WILL TEST LEVELS OF 11255-11332-11358 NIFTY WEEKLY VIEW WILL BE POSTED ON FRIDAY
SWING TRADE IN BEML JAN FUT 20-DMA CROSSING 200-DMA 20-DMA RISING ALONG WITH 50-DMA BUY@900 STOP@870 TARGET 1@940 TARGET 2@960 LOT:700 QTY:1
STBT IN DRREDDY'S JAN FUT BRERAKING DOWN ON MOVING AVERAGES SHORT@2575 STOP@2600 TARGET@2525 LOT:250 QTY:2
SWING TRADE IN ACC CEMENTS DEC FUT OPEN INTEREST BUILT-UP/200-DMA CROSSOVER BUY@1488 STOP@1470 TARGET@1520 LOT:400 QTY:1
Constant support on trendline on daily chart 20-dma providing support constantly today there is a possibility of 20-dma crossover 50-dma FUTURES TRADE NOV/DEC INTRA-DAY TRADE BUY@71.35 STOP@70.35 TARGET@73.85 IF BREAKS 74.5 AND CLOSES ABOVE BUY@75 STOP@73.80 TARGET@83.85 LOT:5500 QTY:1
SWING TRADE IN JSW STEEL FUTURES TRADE 200-DMA BREAKS IN JSW STEEL AFTER TWO ATTEMPTS SHORT@330 STOP@336 TARGET@321.5 LOT:3000 QTY:1
CONDITIONAL STBT IN EXIDEIND NOVEMBER FUT SHORT IF CLOSES BELOW 250 SHORT@249 STOP@253.5 TARGET@242 LOT:2000
BTST IN LUPIN AUGUST FUTURES BUY@835 STOP@828 TARGET@850 LOT:700 QTY:1