BANK NIFTY: WEEK-TECH-SHEET->29th April 2019 to 03rd May 2019ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->29th April 2019 to 03rd May 2019
Bank nifty moves around +571.50 pips from 29th April 2019 to 03rd May 2019, in which bank nifty did not break last week 22nd April 2019 to 26th April 2019 top nor bottom.
As mentioned on reference 26th April 2019 evening order
Buy @t Entry: 30505
Stop Loss: 29670
Target 1: 30714
Target 2: 30783
Target 3: 30923
Target 4: 31340
Nsestocks
BANK NIFTY: WEEK-TECH-SHEET->13th May 2019 to 17th May 2019ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->13th May 2019 to 17th May 2019
Bank nifty moves around +1034 pips from 13th May 2019 to 17th May 2019, in which bank nifty break last week 06th May 2019 to 10th May 2019 bottom 28784.65.
BANK NIFTY: WEEK-TECH-SHEET->06th May 2019 to 10th May 2019ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->06th May 2019 to 10th May 2019
Bank nifty moves around -1050.85 pips from 06th May 2019 to 10th May 2019, in which bank nifty break last week 29th April 2019 to 03rd May 2019 bottom 29550.05.
NIFTY 50: WEEK-TECH-SHEET->29th April 2019 to 03rd May 2019ghstocktrading.webnode.com
NIFTY 50: WEEK-TECH-SHEET->29th April 2019 to 03rd May 2019
Nifty 50 moves around -133.40 pips from 29th April 2019 to 03rd May 2019, in which nifty 50 did not break last week 22nd April 2019 to 26th April 2019 top nor bottom.
NIFTY IT: WEEK-TECH-SHEET->29th April 2019 to 03rd May 2019ghstocktrading.webnode.com
NIFTY IT: WEEK-TECH-SHEET->29th April 2019 to 03rd May 2019
NIFTY IT moves around -654.95 pips from 29th April 2019 to 03rd May 2019, in which nifty IT break last week 22nd April 2019 to 26th April 2019 top 16523.75.
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Trading Strategy
Long Term Strategy
Plan A
Expect Explosive Move Upside -------Only Above 895-Double Top & Targets – 1200/1350/1600/1750 in next few years ahead
Plan B
Holding Below 895 –Double Top –Expect Downside Move &
Targets –
697/700
620/630
500/525
Going Below 500 – We shall review later & we don’t deny downside targets of 450/350/250 years ahead.
Previous Ideas
22nd Aug 2016
20th Oct 2016
13th May 2017
8th Nov 2017
1st June 2018
5th Dec 2018
Thanks for watching this video & Your Support ----------- “Don’t forget to support and share”.
NIFTY IT: WEEK-TECH-SHEET->22nd April 2019 to 26th April 2019ghstocktrading.webnode.com
NIFTY IT: WEEK-TECH-SHEET->22nd April 2019 to 26th April 2019
NIFTY IT moves around +465.85 pips from 22nd April 2019 to 26th April 2019, in which nifty IT break last week 15th April 2019 to 19th April 2019 top 16177.85.
REMEMBER NIFTY IT BREAKS 2018 TOP: 16360.60 (OVER ALL TOP)
BANK NIFTY: WEEK-TECH-SHEET->22nd April 2019 to 26th April 2019 ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->22nd April 2019 to 26th April 2019
Bank nifty moves around –854.85 pips from 22nd April 2019 to 26th April 2019, in which bank nifty break last week 15th April 2019 to 19th April 2019 bottom 29919.10.
Buy @t Entry: 30505
Stop Loss: 29670
Target 1: 30714
Target 2: 30783
Target 3: 30923
Target 4: 31340
Tata Coffee-Enjoy the Coffee in The Cup
Thanks for your precious time & do put your feedback below in comment section - I would love to hear from you. Most of us can learn as well -
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Correction -
Sorry using "circular shape" over the video - Its a curve shape from 168 to 185 - silly mistake -happens.
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Trading Strategy
Plan A -
19:57 Hrs / 14th March 2019
Last Price@95.35
Buy If you get dip somewhere close to 90 & 85's - obviously you should throw away the cup if 80 gets broken that should be understood.
Target 1
120-140
Target 2
Above 140 - 175-185
Target 3
Above 185 - It should not move below 175 post crossing 185 highs then look for 250-280's as suggested over the video.
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Image of the Coffee on 26th Aug 2018
Enjoy the Coffee in The Cup - With Double Bottoms@80
Cup & Handle Pattern
A cup and handle price pattern resembles a cup and handle where the cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern typically has low trading volume, and may be as short as 7 weeks or as long as 60-75 weeks- roughly a year and half.
The fall from 185 in Nov 2017 shall complete a year in Nov 2018 so that would be the period or time zone plus couple of months more- one should be alert as its aroma could spread across the globe & everyone would be interested to take a sip.
Cup and Handle Stops and Targets
A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout.
Successive breakout zone shall be above 175-185 & I am taking conservative target measuring 85 points which is depth of the cup above 168-170 zone or above 185 as shown over the video, which gives a roughly target zone of 250-280.
Once it breaks out & above 140 key level –make sure it never returns back below 140-135 zone else that could be risky.
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Trading Strategy Suggested on 26th Aug 2018
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Trading Strategy
Long Term Strategy
Plan A –
Wait for the stock to cross 140 & upper trendline of the handle & maintain stops below 135 once it crosses above 140 – Target Zone -175-180 & Above 185 – as 250-260.
Plan B -
Look to buy above 175-185 zone & keep in mind –price should not dip below 175 after crossing the zone of 175-185- Target Zone 250-260.
Plan C -
Plan to buy in 80-85 zone with strict stops below 80 – if goes below 80 –Throw the broken cup.
Short Term Strategy
Plan A –
We look to sell from 115-117 zone with stops above 118.50 for target 112 – 106- 101
Plan B –
Buy above 118.50 for 121-123 zone - book & out.
Plan C –
Sell from 122-125 zone with strict stops above 128 – Target zone -118 -112-106 - 101
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ACC, is good for long with trade setup.
Tight value area for ACC.
I don't think that from the right side of excess is the INITIATIVE move, if it's not then, price back to value area.
It will not spend much time out fo value.
Volume is norma l so, this is also single of not break down and price back in trend.
If everything fine, then buy level 1655 nearby and stoploss will not be far 1548
Stop taking long position on TCS...! reason behind it?
The left side to the right, each excess have tails before the turn. You can see with both eyes at excess(f) has started to create TAIL which is -ve for long and indicate for reversal the trend.
With TimeCycle analysis, 1st-phase has 43bars and 2nd-phase and 3rd phase till continue.
Turn on your eye on volume, it's reducing.
Prev. Resistance is at 2194.5 , so seller and profit booking can be seen that time with a TAIL .
Short sellers have two points of target, one Control Price target 2117 nearby and prev. strong support at 2051.
TATAELXSI, two Trade Setup.Trade Setup plan: (A)
This stock mostly stays in a trading range. Presently, its trading lower range of it, so the trader can get a good opportunity to buy it at price gravitate support 952 and stop loss only 10-5 points away.
Trade Setup plan: (B)
buy this stock 927-933 and stop loss 914 will a great deal for traders.
For both setups, the first target is safe at 987.