Key Levels for HDFCBANK are:
Watch out for these levels while trading. Please trade with caution and consult your financial adviser before trading. You can also join our TELEGRAM...
BUY TRADE SETUP (10-12 Days)
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Risk Reward is 1:3 or 1:4
Important : NIFTY 500 INDEX is also Going Towards 8200 Level.
So Do Not Add Stocks In...
Nifty Completes a Bullish shark @level 10730 for its D leg.
And forming another Bullish Anti Cypher, To complete, it has to reach 10670 Level. But the support for Nifty is available @10650 level.
So for Intraday what should be the Strategy?
There are two possibilities.
1. Nifty Opens with a gap up.
Then in this scenario we can assume that the Bullish Shark...
Nifty has been making zones as per price action.
There are multiple sell pressure candle and buy pressure candle and price action is not too much positive towards immediate up movement.
A H&S pattern is seen.
How we will trade the H&S ?
We will observe the neck line. And see if the H&S is too much slanted or not. If more slanted, then the completion of H&S...
MARKET ANALYSIS: The pair is now in accumulation period and if the market is able to break the all time high. We can see another 50 points rally to the next resistance zone. So lets wait and see what the market does in the coming days. Cheers!
Here are the results of all the trades generated ( From 1 January 2019 - 6 June 2019) by our in house developed and probably the most accurate trading indicator specifically designed to trade Nifty, based on VABA Trading System.
All the trades were generated live with zero lag and after conformation from a pool of more than 108 preset probabilities which form the...
Reference of "time-cyclecle (i)", We have protime-cycle]timeCyclethe (ii) for target (4rth wave) at 11280 expected 20th AUG 2019.
The control price also can gravitate the price toward 11280, if this 3rd wave is clear.
Worry for long traders 10923 below. Suppose to break this level will create a heavy short position.
Today I felt like writing an obituary... of indian stock market! I wrote yesterday that it would fall even today based on data and indicators that were available, least did I know the fall would be so severe. And if you see the list of Nifty losers, the highest loser Yes Bank fell by 13.9%, 2nd, Vedanta by 7.8 % and 3rd, Indiabull housing by 6.8%. The High...
SBIN has suggested earlier has filled the gap, but once it goes below 324( recent low), only below 324 expect breakdown of major support and fall towards 308/295. Rest classical and EW analysis mentioned on the chart
Will Nifty repeat 2010 trend.
Nifty is at a decission point where we have hope of moving up.
A straight line upward movement is the hope. But a next big target depends on the next big downmove.
If we try to understand the past and think that after 9 years Nifty will repeat the same trend ! Repeatation of 2010
So a down movement to 10450 level ( 10400 - 10550)...
Up sloping Pitchfork is capturing the frequency nicely and thus offering a good trade with small stop Loss. One can trade it in the following manner
SL 724 (closing below on hourly basis)
Risk/Reward Ratio 3.50
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
The price is clear in downtrend and forming lower lows. Volumes are increased at the bottom and RSI is trading above the Oversold mark. Those who want to prefer an entry at the lower level could try a long here with the recent low as Stop Loss. One can look for a 10-12% retracement move from here.
Disclaimer : All ideas are my personnel view. Please take financial...