ONGC futures trade IdeaONGC looks so good now with volume. It will come back to retest then will go upside. Wait for confirmation candle then enter with SL. Trading without SL is a bad practice. Always try to stay in the game. Never lose your control. Capital safety should be your main priority. Hope never makes you win.
This setup is invalid If it crosses down below the Scale.
ONGC Setup
Buy at 175.25
SL : 174.80
Note: This is my view and idea only, please check with other experts' ideas before you trade.
IF YOU LIKE THIS IDEA, PLEASE ENCOURAGE WITH YOUR LIKES AND COMMENTS.
Nse
BTCUSDT Next movesAll lines will tell you about The BTC moves.
Price action is very powerful, So if any line crosses then the target will be the next line.
BTC always has more volatility so Shorts or Longs should have SL.
Note: I'm not a financial advisor. This analysis is for an Idea and a view. Crypto is the biggest profitable trading business, and without stop loss and emotional control, no one cannot win in this game.
If you like my analysis please encourage me with your likes and comments, send me a message for any coin analysis, I can guide you.
Nifty Bank next movesNow it is going upside from 36170 but it will fall back to 35680-35660
If the black circle zone cross down then we can see 34087
if rejected at the black circle zone then we can see an uptrend till 38300
Look at Stochastic divergence and MACD levels.
Note: These are my analysis and idea only, please check with other experts before you trade.
IF YOU LIKE THIS IDEA, PLEASE ENCOURAGE WITH YOUR LIKES AND COMMENTS.
NIFTY BANK next moves
Now it is going upside from 36350 but it will fall back to 35680-35660
If the black circle zone cross down then we can see 34087
if rejected at the black circle zone then we can see an uptrend till 38300
Look at Stochastic divergence and MACD levels.
Note: These are my analysis and idea only, please check with other experts before you trade.
IF YOU LIKE THIS IDEA, PLEASE ENCOURAGE WITH YOUR LIKES AND COMMENTS.
NIFTY50#Reasons
1) Nifty trend still bearish as per dow theory.
2) Fibo magic no. 61.8% (17424.3) Facing strong resistance.
3) Facing Resistance trend line
4) RSI making lower high
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
Titan moving towards new highs.Titan has closed above the resistance level and formed a new ATH.
The stock has broken the resistance level with volume confirmation and on fib levels can travel up to 2835.
On an hourly time frame the stock has formed a flag and pole formation.
Wait for the levels to be respected or broken and watch for the chart pattern to form near the predefined levels.
Support:- 2670, 2600
Resistance :- 2715.
The stock can give a nice move on the long side if closes above the immediate resistance level.
Greaves Cotton ready for the uptrend!🤩💸🔥Buy Greaves Cotton for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Key triggers for future price-performance:
1) Transformation strategy to increase E-mobility and new-initiatives business share to drive long term growth and help transform and de-risk its business.
2) Consolidation of manufacturing operations into Megasites to bring higher operational efficiencies and reduced fixed costs in the long run.
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted a Good Q3 Result.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 21-03-2021LEVELS 29-11-2021 NIFTY
RES- 1. 36600
2.36830 17330
3.-------- 17450
SUP-1.35970 17250
2.35790 17080
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
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Regards
Maverick Trader
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Dhruv Shah
Reiterating Buy Call on PI Industries🤩💸🔥Buy PI Industries for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Key triggers for future price-performance:
1) Strong order backlog in CSM bodes well for future growth.
2) Foray into pharma CDMO expands revenue visibility further.
3) Improvement in the operational performance to aid return ratios.
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
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‼️ The stock is in a long term uptrend however from Sept 2021 it was in a retracement phase. With the recent announcement of the Q3 result which is amazing the stock has witnessed a W pattern Reversal from a crucial level. A strong rally is expected from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
Reiterating Buy Call on Tinplate🤩💸🔥Buy Tinplate for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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💡Favourable long-term demand outlook :
About 70% of the domestic tinplate is consumed for packaging edible oil and processed food items. Hence its growth is linked to India’s food-processing industry, which has witnessed a steady increase in demand over the years.
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✔️Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q3 result in its history.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
Nestlé India NSE 17/03/2022There exist regular bullish divergence between MCAD and price which is the sign of trend reversal and most probably price appreciates to the 2 defined targets.
There are chances that the price touches the 61.8% of Fibonacci retirement level even and then continues its bearish cycle.
The overall script sentiment is bearish as the entire markets are falling yet there are some chances of some appreciations befor the fall roll out
(IRFC) NSE STOCK ANALYSIS 17/03/2022This is an update of our past analysis which is linekd bellow.
Technical analysis:
There exist a double bottom candle pattern formation on the daily chart which is the sign of trend reversal and bullish trend start
Fundamental analysis:
The stock seems to be undervalued as it is very close to its pegged values.
It is a semi-government company which means, if the price falles bellow the pegged price then there are chances of merger arbitrage and liquidation of the entire company.
Such an event is very very rare as this company is responsible for the Indian railway financial contacts and beaurocraces and at the event of its liquidation government may step in and prevent its happening so it seems to be a very safe buy for us.
We should keep in mind that this script may move slowly and the value appreciation may take some longer time as compared to other low liquid and higher volatile stocks.
There are total of 3 Targets as previously defined
Market may follow to the targets with some trend corrections.
TECHM ready for the uptrend!🤩💸🔥Buy Tech Mahindra for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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💡Key triggers for future price-performance:
1) Healthy deal wins, traction in communication segment led by legacy modernisation, 5G, customer care, automation, network and cloud to drive revenues.
2) Pruning of low return geographies, acceleration in Europe and improving demand from lift & shift deals to drive 13.6% CAGR growth in FY21-24E.
3) Margins in the near term would be impacted due to continued higher employee and subcontractor costs but are expected to recover.
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Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q3 result.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
HDFC Bank ready for the uptrend!🤩💸🔥Buy HDFC Bank for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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💡Bank’s strategic and execution focus to effectively implement project Future Ready will start yielding results, particularly in the following domains:
1) Newly identified growth engines of MSME and rural banking
2) digital marketing as another key delivery channel
3) expanding presence in semi-urban and rural markets
4) creating a new digital factory to foster innovation
5) putting in place the right talent and further strengthening its core functions to drive the project.
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Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q3 result.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
Vedanta ready for the uptrend!🤩💸🔥Buy Vedanta for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
.
💡Future view:
The steady growth in both - volumes and metal prices - along with optimum utilisation of capacity should translate to strong growth across verticals in the coming months. Furthermore, the company’s foray into the mining of critical minerals such as nickel and cobalt with significant potential in the manufacturing of stainless steel and lithium-ion batteries for EVs bodes well for future growth.
.
✅Both Technically and Fundamentally strong stock.💪💪
The company recently posted the best Q3 Result.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
APOLLO HOSPITALS---Double Bottom BO Apollo was in a falling channel. After reaching 200 ema, script formed a double bottom/W-pattern and broke out with volume. A neat clean BO with follow up as well. Pretty good candidate for swing trade.
Trade cautiously and always use SL.
Happy Trading :)
Disc: Chart posted only for learning purpose.
NIFTY- Long (Analysis only)Can we see any upcoming recovery in the Indian market?
I see some patterns being formed.
Well if this pattern fails I expect it to fall further down even 13500-14000 (Lets hope that doesn't come).
Disclaimer: These are my views only. Its in spot chart, do not be confused and enter directly onto futures blindly without any analysis.
For time being I will wait for a day or maybe even 2 days to see if its getting a support in the present marked grey box (15900-16170).
Once its confirmed will enter futures.
SRF- Short term BuyGoing to be a Buy soon.
Posting in advance for ample time to enter the trade.
Simple Harmonics.
TGT1/ TGT2 as marked.
SL can be a little lower than marked. (atleast try keeping a 1:2 Risk reward).
Disclaimer: These are my VIEWS only. Donot enter blindly. Analyze and if you agree then only enter pls.
Note this is a short term/ positional trade.
I will be entering in futures. I discourage options for this particular trade, however, its only my suggestion.
I will be entering and may not be able to post on time when entered. Order has been kept as marked. (Relatively in future chart)