Nifty may take support from current level, because it is trading at confluence of: 1. support zone 2. Trendline support 3. oversold stochastic oscillator we need evidence of demand to enter in long trade, a bullish candle. Note : only for learning, not a trading tip.
Seems good for a Bounce. Target seems to be 934 and SL - 850. Risk Reward Ratio stands to be at 1:3 Chart & Analysis ADARSH DEY
After a bloodbath of a week, the markets are recovering and after a 15% fall, BPCl has taken support on its long term support with a high volume bullish candle Moving average does not say much. Stochastic RSI is also in the oversold region giving a long bias. T1 Is the short term target T2 is the Long term target Stop loss below the support level. Keep It Simple
1) The stock is at a support zone from where it gave a new high 2) RSI is oversold with low of 19.43 3) The current hourly candle has also closed within the bollinger band. Very high probability that the stock might cover the gap of 1520
TCS GOOD FOR SWING TRADING Rsi oversold Support zone CPM 3052 stop loss 2800 1st target 3232 2nd target 3393
Buy from cmp to 118 easy tg - 121 tg2 - 124 positional tg - 132 Disclaimer : This is my personal analysis for study purpose not intended for trading
buy around 2150 -2160 if possible or else get it with your own risk to reward ratio target for 3-5 % its rsi in day is deep oversold 14< hold it gona give you a big 3-5 % and then exit wait till make a w pattern then reenter to get 5-8 % Remember any stock in the world cannot move with slope as infinity it need's price action calculus approach Big one...
buy at 2680 around sell target 2800 its a deep oversold rsi is 7 in 15min candle and rsi <15 in 1 hr time frame plan your risk to reward correctly :
buy 344.50 Target sell 1 - 1.5 % sl 0.5 % from entry strategy Rsi deep over sold rsi around 10 in 15 min chart taken 150 QTY target 1.5 % if seems or else ill take 1 % and exit
#ICICIPRULI entry- 50% @ 550 & 50% @530 Tgt 678 SL 500 Risk: Reward - 1:2+
Having a lot of expectation for this stock to move upside. There are lot of confirmations on charts, However I am not plotting them on charts neither disclosing for now. The probable targets are 1242 & 1273 in short term. Rest all will be updated afterwards in update idea section. Chart & Analysis - Adarsh Dey
Bullish MACD crossover in Bajaj electricals. Also RSI is in oversold zone and stock is 28% down from recent peak value. Also tomorrow is Q2 result.
So treating a bitcoin investment like venture capital or growth equity makes logical sense because it’s much younger than gold and needs to prove itself to be a worthy competitor over time. Consider the following thought experiment. What if bitcoin didn’t trade every second of every day? What if, instead, you could only exit your bitcoin investment five years...
Looks good for LONG when it closes above 623 and trades above the same. For the target of 720-743 in short term. However the SL is 570. CHART AND ANALYSIS BY ADARSH DEY
Nifty View: What could have been a firm positive close above 15,850 for the benchmark Nifty turned around as we noticed sharp selling within the banking and financial stocks that weighed the index down 129 points from intraday highs to close near 15,750. On daily charts, we have an “Outside Bar” with the short term trend on the verge of a reversal. Yes, short...
RISK REWARD BASED TRADE SETUP FOR USDINR \NEAR TRENDLINE SUPPORT , AND BASE AREA
Can the premium or discount in Index Futures tell us anything about upcoming market moves? Generally, when discount widens, the bearish mood of the market is increasing. When premium widens, the bullish mood of the market is increasing. However, sometimes premium may also fall due to: 1. When FII’s are long on the markets, they short Nifty futures as a hedge....
For all the basic stuff that I am using in this post, you will have to visit the following idea. This post is in continuation of SBI weekly divergence study.. Abbv. used: Overbought -- OB Oversold -- OS Divergence -- Div A-- OB B-- Div after OB at A C-- Double top and Div Multi week correction back to support D-- OS at support and very sharp rally due to...