Last day I published an idea on irctc .Now Titan also looks similar ready to fall,but again this is not trade to short futures it is for shorting call near strike price of recent high.Happy Trading :) NSE:TITAN
Irctc reached at very important level.Seems like stock has been exhausted after big bullish move.Candlesticks pattern at the top confirms reversal.Its not recommended to trade futures because i am expecting the stock not so bullish and its way away from 20 Moving average.So shorting out of the money call can be a good trade.
So Nifty 50 is looking very bullish and it can also give a gap up opening because of some factors that I will tell you. these are;
1. There is a perfect green hammer in the weekly chart and the daily chart as well.
2. After analyzing the option chain we saw that the call writers exited their shorts in huge and amount and their is a short buildup heavily on the...
NSE:BANKNIFTY NSE:BANKNIFTY banknifty forming two patterns one is ascending wedge n in that also it forming rounding bottom chart pattern which is bullish continuous pattern , if it sustain above 35200 then it may reach target 1 n if hold above target one then this month we see target 2.
this analysis for educational purpose n dont trade solely based on it....
NSE:BANKNIFTY banknifty forming two patterns one is ascending wedge n that also it forming rounding bottom chart pattern which is bullish continuous pattern , if it sustain above 32200 then it may reach target 1 n if hold above target one then this month we see target 2.
this analysis for educational purpose n dont trade solely based on it. consult ur financial...
Hello guys toorrow banknifty ll mostly bullish, as its forming pole n flag pattern which bullish pattern or some may called it Dow theory ,its shows uptrend sign,also RSI is above 65 level .if it in morning breaks 35457 level it ll may go upto 35830-35850 level.
this analysis is for education purpose .trade on your own risk.
SUNTV after testing 560 resistance(10 year old strong resistance) has again come to the breakout levels.
The breakout strategy an be a simple bullish movement upwards.
A cup and handle formation.
Equity buyers can buy at 565 and again at dips til 530.
Option traders can risk an ITM call as the stock results are going to be out soon and SUNTV looks a...
Hello,all ..nifty showing down signs that ll ultimately affect banknifty means banknifty may go down as chart shows on last expiry day opening and closing candle range totally below both uptrend n downtrend line .mostly if its cross 32200 level then next support at 32000 level if further breaks that level then it ll may touch 31851 range. if it want to go up it...
BANK NIFTY - 29 APR 2021 - EXPIRY SPECIAL - INTRADAY PLAN
Bank Nifty has been consistently moving up from past 3 days. People have gone long on Bank Nifty with high option premiums on the call side.
Big Money might take the market up to 34000 & then take a drop to 33200 & stay volatile throughout the day to eat premiums.
Entry above 1700
above all important moving average
accumulation zone is 1520-1500
cement sector looking bullish on chart(ambuja and Ramco)
one can also take position on 1800CE on BO only for quick gain
NIFTY is currently in a tight spot between 11250 and 11000 .
The increasing number of corona cases seems to have already been factored in and hence not causing any weakness to the index.
The huge rally from 10750 to 11200 in almost a weeks time has dried out now and nifty is now in a consolidation phase. From here onwards we can expect nifty to either touch 11500...