The daily chart of XRPUSDT it showing the asset is consolidating in a box pattern. Note the volume accumulation also at the same time.
This is a quant box breakout pattern it may break any side and the minimum movement will be 1R which has already marked on the chart.
This analysis is entirely for educational purposes.
Since Friday, the market has been trending downwards. Today, we seemed to have taken a pause and made an inside candle on the daily chart .
Some key points from today's trade were, Bank Nifty closed below the key support of 35,000.
There was large PUT open interest @ 35,000 which seemed to reduce drastically towards the end of the day.
The market retraced upwards...
HDFC Future is on the bullish horizon. If it stands above 2792 then there is a high probability to reach T1, T2 and T3.
Entire analysis has done on the basis of quantitative analysis with considering other important data points and statics.
Please honour the SL in case of downwards move.
Entire data analysis was done on EOD basis. So let a positive candle stand...
Stock has given a breakout over it's neckline of the inverse head and shoulders pattern, with high volumes and buying crossovers on various oscillators. Stock looks to be in uptrend and buying will remain intact. Pitch right in and go long with the mentioned stop-loss, for the mentioned targets.
Hello Traders
I am expecting a Upside move in Reliance INDS from CMP
DISCLAIMER
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
Enjoy the next 300 points on the Nifty. Expecting a reversal at 10500-10540 levels. This borne out by the Gartley pattern. Combine this with the OI data and seen along with other indicators, I believe that the Nifty is peaking for the time being. Nimble traders can look at booking part profits once it starts getting above 10350
This analysis is only for educational purposes, Invest at your own risk!
Resistance at 5120 INR .
Buy at current price sell bellow 5120
Place stoploss below support at 4900 INR
MOMENTUM TRADE IN M&M
VIEW
:-MOTOR COMPANIES ARE SEEING BUILT-UP
:-RISE IN OI+RISE IN PRICE+RISE IN DELIVERY VOLUMES
:-LOOKS LIKE ITS ON THE VERGE OF TESTING ITS 200-DMA AROUND 625
:-IT HAS BROKEN THE CRUCIAL RESISTANCE OF 603
:-PRICE AND VOLUME BREAKOUT CANNOT BE RULED OUT
TRADE IN FUTURES 28TH NOV CONTRACT
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE...
MOMENTUM TRADE IN TVS MOTORS
VIEW
:-RISE IN OI+RISE IN PRICE INDICATES LONG BUILT-UP
:-BULLISH ENGULFING VISIBLE ON DAILY CHARTS
:-200-DMA IS TAKEN OUT AFTER A VERY LONG TIME
TRADE IN FUTURES 28TH NOV 2019
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE PRICES
BUY@ 476
STOP@470
TARGET@490
LOT:-1100
QTY:2
PLEASE NOTE:
ALTHOUGH REAL OI DATA WILL BE AVAILABLE...
BTST TRADE IN AXIS BANK
VIEW
:-200-DMA TAKEN OUT
:-RISE IN OI+RISE IN PRICE
:-RESISTANCE OF 730 TAKEN OUT
TRADE IN FUTURES 28TH NOV CONTRACT
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE PRICES
BUY@731
STOP@721
TARGET 1@741
TARGET 2@751
LOT:1200
QTY:2
PLEASE NOTE:
ALTHOUGH REAL OI DATA WILL BE AVAILABLE ONLY AFTER 6/7 PM
!!PLEASE NOTE TRADE WITH...
BTST IN SUNPHARMA
STOCK HAS BROEKN ABOVE 432 AFTER VERY LONG TIME
CRUCIAL RESITSTANCE IS NEAR 460
JAN FUT TRADE
BUY@435
STOP@424.5
TARGET@455
LOT:1100
QTY:1
YESTERDAY THE CALL WORKED OUT PERFECTLY IN JINDAL STEEL
TGT WAS 160 HOLD NOW OR BUY FRESH
OPEN INTEREST BUILT UP IS VISIBLE BY 4.5%
DEC FUT
BUY@156.5
STOP@148.5
TARGET@170
LOT:2400
QTY:1
