Deepak Fertilizers One may look to accumulate the stock at cmp and on dips towards 485 from Medium to Long term perspective. Momentum may come once it crosses above 580 odd levels. Take care & safe trading..!!! Disclaimer -The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the...
Nifty first instance has taken a fall from the opening levels. Again if you see the chart we see it respected 21 day EMA. In my yesterday's post I had mentioned that Nifty first needs to protect 18114-18080 odd levels and my first take would be Shorting Put options. Accordingly 25 Jan expiry Put short has been initiated at 140 The same has been updated in my...
Powergrid The stock seems to have sustained above its crucial resistance level at 218 Now it has a clear path towards 231 / 238 Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take...
Observations - Line of Support at 680 - 20 day EMA and 50 day EMA around 668 and 664 respectively - 200 day EMA around 728 Momentum may come once the stock gives a close above 728 - 740 zone 20 day and 50 EMA might provide Support Trading strategy: Given the set up, one may consider Selling Aurobindo Pharma 28 April expiry 680 Put option currently...
Sun Pharma Important levels as per Technical Analysis - stock is consolidating near previous top - potential 20 day and 50 day EMA support at 883 / 861 - probable trendline resistance near 936-942 - above line of resistance, doors open up for a breakout trade potential & target of 996 / 1018 Plan your trade accordingly Take care & safe trading...!!! ...
you can buy nifty on 17800 levels there are three reasons to buy on this level first 17800 is psychology lever second last life time high level and third reason is fib level so you can buy on this level with stop loss over 40 point and target is 110 point so you can earn much batter return on this pattern
Strong reversal candle followed by confirmation candle Reversal in RSI Can buy with Stop Loss below 76.90
Nifty buy and sell levels for 8/7/21 Look for breakout and reversals in the given levels
ONGC Last time we gave a target of 128 / 136 The stock did an exact 128 and has now retraced to 120 odd levels. As observed in the chart, at current price, the stock provides another opportunity to enter. Target 136 Pattern gets invalidated if closes below 114 Take care & safe trading...!!!
Reversal from previous resistance.
Nifty 12771 - Nifty had a 166 point drop today - as of now it does not look like the end of bull ride but just a pause.... - chart set up still suggests that it has unfinished business & has doors open for a move towards 13240 odd levels in short term - minor resistance at 12830-12874 levels - support at 12630-12572 odd levels - pattern gets invalidated if...
NILAKAMAL IS BREAKOUT OUT OF RANGE AND STRONG UPMOVE IS VERY MUCH LIKELY WAIT FOR 1245 LEVELS TO ENTER FOR TARGETS OF 1350 AND 1490 STOPLOSS 1130 EVEN IN SHORTER TIME FRAME ITS GIVING A FLAG BREAKOUT LONG TERM TARGET IS OF 1950 DO LIKE AND FOLLOW IF U AGREE WITH THE IDEA!!
ONGC Closing Price 85.75 - Any dips towards 83.5 - 81.50, the stock looks good from a medium term perspective. - Momentum might be seen once is pushes past the yellow trend line - Target for the set up - 103 / 115 / 133 ________________________________________________________________ Alternatively one may consider selling ONGC 30 July 2020 expiry 80 Put...
Hit like if you are agree or comment your view point.
Add on every dip, we can see Rs 90 level in coming days. Hit like if you agree or comment your view on the same.
I hope you can now see how the NIFTY represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.