Banknifty still follwing our long term researched chart. As per this chart, Control pri ce can react as support for it. First published: Sencondly published:
pink line shows the immediate trend. No points in being bearish till index is above pink line. short term shorts or profit taking may be initiated close to top blue line. green line shows overall trend which is up.
Asian paint getting channel resistance
Just need one drop for taking entry
Currently Tata Motors is on 50 MA & also Fibonacci 23.6 level. Any bounce from these levels & following trend - will take to 200 levels & above Keep on watch for breakout.
Had a corrective 5 wave fall on higher time frame, now doesnt look like its falling any more, Unless there is some unaccounted news (which obviously is always a risk in the markets) It will continue to rise. Yesterday there was volume buying, today its showing a 61.8% retracement and holding it so far. I cannot guarantee about the Time-To-Targets, but I strongly...
With lots of positive news & daily new turbulence in the Stock Market. The Benchmark Index i.e. Nifty & Sensex both are at the highs. But does this high leads to a new high or it's a hoax. As Considering News Factors -- Markets will be making new high. But on the look of Fundamental patterns -- Higher Inflation, Under-quoting of NPAs by Banks, Fraudulent Activity...
NOTE: IF YOU ARE PLANNING TO TRADE , I WILL WORK FOR DAILY TIME-FRAM E AND 30-MINUTES TIME-FRAWE FOR GETTING ACCURATE NUMBER TO TRADE. Kindly, say in comment section. 1) The primary trend is up . 2) The remarkable point is price rotation which is a sign for you to trade in which direction. 3) Volume gives hit of your direct right or wrong 4) ...
The zones are just too wide, but it cant be helped as they are data based. My short view is not exactly for this particular day, its overall. Most of you know, I practically day trade NIFTYBANK almost everyday (its one of my favs) Now my overall view on Indian market has changed, not because of any specific things about the Budget, but because of the...
I hope you enjoyed this trade. I bought 9400 put of Bajajfinsv @128 and exit 589
Zones are mentioned on chart. Planning to upload SBI and HDFCBANK zones also today, do check those too. Will start the Model Portfolio and Swing trades telegram soon guys. Just waiting for budget. Dont be a Bull, nor a Bear. Just be a Hare!
Zones are mentioned on chart. for probable entries and methods check any of my previous Banknifty or Nifty Idea (linked below)
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...
I am just posting this because you can learn from work. How did I catch move? Don't forget to give a LIKE on this post if you think its really nice. Yeah, let me write one more line... I am not giving 1,2,3 steps targets... but directly saying /// always about move. ..
Everything is in the chart.