NSE-INDIA
JustDial already started to move up side. Just Dail has already started to move up .
The trade range is too far from current.
Stock looks good for long with a range of trade 471-493 . Obviously rage is too long and far , therefore i suggest trade anywhere is your own stop loss for long.
Easy target 546 and 673 investors target.
Marico and Option of it.Marico can create maximum an excess as 325, therefore buy-in steps, not a bad decision.
For example,
1st) Buy Marico @330.5, 50% using of margin from deciding to trade.
2nd) Trade, buy 325 nearby with use of remain 50% margin from the decided margin.
Best strike price to trade on Marico as per the above steps.
345 Call of marico (CMP 5.9)
345 Call of marico
Trade SETUP for VOLTASVoltas has formed 8 waves channel (value area) with control price.
The current price is trading at 653 and major resistance are 665 nearby and 636 nearby , the calculation of far;
Major R. 665 - Major R. 636 = 31 / 2 = center 15.5
Trade SETUP,
Plan A: Buy this stock above 665 if close
Plan B: Buy at the value low 636 nearby
Both t rade-plan s has the same target 675 to 696.25.
To verify if your trade is correct, the stock should be going up/ down by more than 17 points in one day .
It may be noted that this stock is follow the channel, JustDial.If the previous record of this stock is checked, it may be noted that this stock is always following the channel . Presently price very near the value low where investors can take thei r position.
The current price is 550 - Support of value 525 nearby = 25 points patience is required.
You can make your Trade Setup by using this distance of the 25 points.
I will update shortly the daily chart for this stock.
How will you identify the reversal on NIFTY?You will need a plan for short selling. Understanding the sellers' and buyer's flow by using volume herein. I am not saying start shorting nifty but, here is clear resistance where profit booking can come. first look past complete search of spot nifty as given below chart.
and
I will plan and update shortly for selling.
This is perfect example of Triangle ITCFantastic real-time TRIANGLE pattern on ITC
This is NSE equity stock and all level are for equity.
This is a perfect example of Triangle and already completed 5 waves in it. Ready for a breakout . Suppose to breakout, you will get new direction with a spike.
How to detect the direction side of SPIKE (means big and surge move)! Changing in volume will provide you hit for direction. I have plotted average volume when it break and crossover 2x or 3x in volume will guide the direction of SPIKE.
Both eyes of the investors are keeping a close on ITC.Looking at the Gravitating li ne(Red), you can how there is an active attractio n from 1 to 8.
The Price is moving toward the support level(225 ) on a strong(tight) value area(Channel) where investor's eye is looking to buy this stock. The changing and crossing over the Average Volume should be best sign for creating a position (target 257 and 280).
The curr ent market price is 237 - support at value low 225 = 12 points far from you.
There are two excesses found at the top (value high) of the channel.
Nifty - Long - Swing TradeNifty formed a bullish flag pattern followed by a consolidation before a breakout to reach the top of the flag.
Further consolidation was seen in the ~11800-12000 range.
Nifty has witnessed a breakout from this range and is thefore expected to resume its upmove to the target of 12775 given the length of the Flag Pole.
This is ofcourse going to be a swing trade with positions to be held for several weeks.
I will post updates on the trade from time to time.
Stop Loss should be maintained at 11800.
Target: 12775