Break-Down point 12270 and then 12161. Reference of last updated: Long term eye:
Zones are mentioned on chart. They give perfect results on 3 mins time frame.
Relatively simple trade. Nothing complicated about it. I also wanted to draw attention to this asset class which is still not getting much attention. One can trade CDS futures and options on NSE for very low margin. e.g. Intraday margin of 700 INR for 1K lot. And about 1400 INR to carry positions overnight. This is not bad. 1 lot will result in INR 1000 pnl for...
Glenmark has shown a bullish reversal on the back of very large volumes. If this trend continues, it could possibly be the bottom for a long time to come. Long can be initiated for a medium term trade. CMP: 350. Target 1: 500. Stop Loss: 310.
It's not a positional view but purely for intraday 16th Jan. On daily a pattern is forming but that's not validated any trades yet. Considering the result is in corner better not to rely on any pattern.
Expected tail. Falling is always normally 40 minimum while U-turn. This might an excess. The price is currently out of the channel. Observation: The tail is a clear sign found while U-turn which is your trade confirmation odd. Due to the falling wave , we are seeing normally 40 points . Short 129-133 is the great range because the price...
Price is back to Support Zone. The move towards this Support was quite Slow. Expecting upmove to resume from here. SL 1000 DCB
Kindly comment if you have any queries. In the below chart, there is complete trade setup.
Zones for tomorrow are mentioned on chart. For Banknifty, today was almost like a tennis game, equally strong fight at both ends of the range for the day.
Buy FEB FUT between 230-240 and target for 259. Let me know if it helped ! (Please buy only when you see a green candle on closing basis.)
I am absolutely unable to get a view on the markets. Had banknifty moved just a little similar to way nifty moved, I was expecting a solid swing of around 350-400 point in total till this weekly expiry. If anyone has any idea what can work as a trigger for tomorrow's trading, plz mention in the comments. Yes, there is a trendline. But the ways zones have come...
Trading in its essence is very simple. Yes there are Elliot waves and all that, but they all always give you two options (anyone who does Elliot will understand). So in the end its always you who decides whether its looking like option A or B or sometimes even option C. It goes without saying, no one in the market can anticipate just about every news or...
We short in 2nd trade at 915 and booked and target given 839. Our first trade was on this stock from 785 and booked profit 904 please comment if you have any queries.
Researched for U-Turn for nifty. Intraday Resistance 12349 2nd channel Resistance 12386 Last and final main channel Resistance 12448 We have plotted GAP, channel layers (0) to (3), Initiated move and responsive move on the spot nifty chart. As per channel layers, traders can make 3x to 5x money from trade setup by using Option Trade...
Zones are mentioned on chart. Newbie's takeaway: India Vix is good, markets are giving good moves. Weekly expirys, Short coverings, Full mood Long buildups, bull traps or bear traps at just the opening are all aligning so perfectly. If one has been in the markets for say past 3-4 years and still isnt able to make money in this kind of market, well sir/ma'am,...
Zones are mentioned on chart. Newbie's takeaway: India Vix is good, markets are giving good moves. Weekly expirys, Short coverings, Full mood Long buildups, bull traps or bear traps at just the opening are all aligning so perfectly. If one has been in the markets for say past 3-4 years and still isnt able to make money in this kind of market, well sir/ma'am,...