If price action follows you can enter in 41700 CE along with tight trailing SL near a given point. Follow your risk management stay disciplined.
NSE:ASHOKLEY #NSE:ASHOKLEY trading bullish All levels mentioned on chart !!
NSE:TECHM #TECHM formed Rounding bottom and broken the resistance with good volume and sustained above 1530 level Above 1550 sustainability will give good momentum one can try the same level CE post confirmation. Have a Happy trading !!
Upcoming nifty option expiry strong support according to option chain & Price action theory.
Trend is continued to be in consolidation phase between 310 and 400 levels. It wanders around 200 day EMA while MACD signals negative bias by staying below zero line. Expect it to stay below nearby resistance level of 370 till this expiry. As election result is on due, would like to adopt spread strategy. Lot size: 2667.
Recent bounce back from buying zone which is between 50-day and 200-Day EMA confirms the bullish trend. As well, MACD signals impetus of the existing trend. In the coming days, if any stay above 775 level would take the stock to next upside level comfortably. Expect it to expire above 700 level. Lot size: 1200