Words for nifty: choppy, range, sideway and break up-down...In last update, We have book good amount of profit from the option trade:
Comment : BUY PUT OF NIFTY strike 11700 70-76 with stoploss 65 and targets 121-148 (CMP 79) wait for range
8 hours ago
Comment : start booking on NIFTY PUT... CMP 102
Click here for last update:
-----------------------------------------------------------------------------------------------------------------------------------------------------------
From the daily chart view, is signaling a sideways range movement in the market.
Short term trend of Nifty is choppy and will expect to trade in the range of 11547-11636 intraday. after breaking, up-side will require a new update and downside breaking will lead to attracting target 11476-11489.
Intraday resistance at 11636 nearby where sellers can start taking thier steps for target 11476-11489 if breaking down 11545.
The general trend, however, is expected to remain bullish. General elections on April 11.
Nsenifty
NIFTY 50: WEEK-TECH-SHEET->18th March 2019 to 22nd March 2019NIFTY 50: WEEK-TECH-SHEET->18th March 2019 to 22nd March 2019
Nifty 50 moves around -160.30 pips from 18th March 2019 to 22nd March 2019, in which nifty 50 break last week 11th March 2019 to 15th March 2019 top 11487.00.
As mentioned on reference 15th March 2019 evening order
If it continuous to break 11487.00.
Buy @t Entry: 11620
Stop Loss: 11150
Target 1: 11738
Target 2: 11777
Target 3: 11855
Target 4: 12090
What Nifty’s chart say now?On 6th March 2019, Nifty break its strong resistance of 11020, now it move towards its next resistance wall of 11120 & 11250 if in upcoming 3-4 sessions(Specially Weekly Closing) it closes above these levels then it clearly move to break its old High of 11760 which needs energized fuel to pump up. So what are this energized fuel? No comments on that time will clear that picture.
Important to keep in mind for Bulls is wait & watch the levels of 11120 & 11250. For Bears, Its not a good time to enter but if till Friday close it below 11120 then just short Nifty with a stop loss of closing above 11250.
NOTE:- Nifty levels mentioned are only for Spot.
Utsav Babbar
NIFTY 50: WEEK-TECH-SHEET-> 25th February 2019 to 1st March 2019NIFTY 50: WEEK-TECH-SHEET-> 25th February 2019 to 1st March 2019
Nifty 50 moves around +210.40 pips from 25th February 2019 to 1st March 2019, in which nifty 50 break last week 18th February 2019 to 22nd February 2019 top 10808.85.
As mentioned on reference 09th February 2019 evening order
If it continuous to break 11118.10
Buy @t Entry: 11125
Stop Loss: 10925
Target 1: 11175
Target 2: 11191
Target 3: 11225
Target 4: 11325
NIFTY 50: WEEK-TECH-SHEET-> 11th February 2019 to 15th February NIFTY 50: WEEK-TECH-SHEET-> 11th February 2019 to 15th February 2019
Nifty 50 moves around -310.50 pips from 11th February 2019 to 15th February 2019, in which nifty 50 break last week 04th February 2019 to 08th February 2019 low 10814.15.
As mentioned on reference 09th February 2019 evening order
If it continuous to break 11118.10
Buy @t Entry: 11125
Stop Loss: 10925
Target 1: 11175
Target 2: 11191
Target 3: 11225
Target 4: 11325
BANK NIFTY ON THE SIDE LINES BANK NIFTY
Bank nifty moves around + 173.85 pip but did not breaks previous day 27th December 2018 top 27239.95,
Week analysis : bank nifty completed + 831.80 pip from 24th December to 28th December 2018 which seems to be bullish but did not break previous week 17th December to 21st December 2018 top 27369.10 it is better to wait for bank nifty to break 27369.10 as we mentioned in reference 19th December 2018 evening order . if it continuous to break 27369.10
buy @t Entry : 27370
stop loss : 27070
Target 1 : 27445
Target 2 : 27470
Target 3 : 27520
Target 4 : 27670
UPL Long OR short...UPL ready to break the trend keep watch and confirmation the trend break then entering the trade. Otherwise do not break the trend TP levels mentioned on the chart...
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
My Predictive Engine's Intraday call (22-Mar) - HCLTECH - SHORTOff-late I started investigating more on predicting the next candle for the day and seeing enough success by using the patterns of various indicators. Pine scripting in tradingview has helped a lot to automate everything and create necessary signals. Based on the engine's call, tomorrow (22-Mar-2018) will be super "RED" candle for NSE:HCLTECH .
Short Below: 935.0
Target-1: 928.0
Target-2: 923.7
Target-3: 919.3
Stop loss: 942.4
Happy Trading!!!
LUPIN BUY (LONG)Lupin is a BUY at CMP@1470 with SL@1420 for a target of TP@1600
Lupin gets USFDA nod to market pain relief, colonoscopy drugs and also gets FDA approval for generic Percocet tablets .
Lupin recently received FDA approval for generic Suprep Bowel Prep Kit and Suprep kit approval It may add 5% to Lupin’s EPS for FY18 earnings.
In addition the pharma major’s Goa facility has been cleared by the US FDA.
Lupin Result: Revenue grew 26% YoY to INR 44.8b Gross margin was stable QoQ at 71.0%. EBITDA rose 27% YoY to INR 12.2b with margin of 27% . EBITDA margin improvement was primarily driven by strong growth in US sales (+53% YoY, +8% QoQ; despite R&D as % of sales at 12.9%) and forex gain of INR 270m. PAT of INR 6.3b was impacted by 1% due to a high tax rate of 39%.
Lupin is a BUY at CMP@1470 with SL@1420 for a target of TP@1600