First step of a successful trader is to build a Trade plan & review what he has done.
This Channel is my Journey in Stock market as a Trader.
This is my Trade Journal for Nifty & Bank Nifty . (education purpose for all )
Here, I will disclosed my Trade plan for trading day & review them, share my learnings.
with hope that this will add value to your trade setup...
First step of a successful trader is to build a Trade plan & review what he has done.
This Channel is my Journey in Stock market as a Trader.
This is my Trade Journal for Nifty & Bank Nifty . (education purpose for all )
Here, I will disclosed my Trade plan for trading day & review them, share my learnings.
with hope that this will add value to your trade setup...
Nifty - Intraday Analysis - 25-JAN-2021
Nifty has touched the all time High of 14753.55 on 21-Jan-2021
and Nifty has touched the day low of 14517.25.
As per our analysis of 22-Jan-2021, we informed that if the
day low of 21-Jan-2021 breaked in 5mins time frame, we told
short the Nifty.
As per our expectation, the script has reached our target 14400
Analysis of...
1. Bullish RSI Divergence at Daily & 15m timeframe.
2. Formation of ascending triangle, which is considered more towards bullish probability trend.
3. Formation of higher low at daily timeframe .
4. Price above EMA 200 on daily timeframe , its still bullish .
Swing Trade
Target1 - 222
Target2 - 234
Target3 - 244
SL1 - 205
SL2 - 200 (trend reversal)
HDFC Bank has day high of 1467.90 and script was opened
below the day low of 21-Jan-2021 and does not even pentrate
the previous low.
The script has strong supply zone at 1467 where the 1st hr time
has strong support & resistance at 1464.
The script which was broken the 1464 then fall as per our
expectation and reached our target of 1445.
Now the script has...
NSE:ITC
1. Bullish RSI Divergence at Daily & 15m timeframe.
2. Formation of ascending triangle , which is considered more towards bullish probability trend.
3. Formation of higher low at daily timeframe.
4. Hourly candle took proper support on 22nd Jan during last 1.5hours at the resistance shown , respecting the long trend line.
5. Price above EMA 200...
Bank Nifty has all time High of 32842.30
The Index was opened at 32088.00 22-Jan-2021 and touched the
day high of 32131.40.
Expectation on Monday:
CPR:
Pivot 31,472.85
Bottom CPR 31,625.65
Top CPR 31,320.05
Since the CPR was wide, there may be possiblity of
Range bound market.
Range Bound with 30800- 31700
My Expectation:
If day low of...
RIL has day High at 2115.35 and the 1day time
frame support was broken and taken the
support of 21-Jan-2021 CPR ( which was Virgin CPR)
Expectation for Monday:
CPR:
Pivot 2,066.70
Bottom CPR 2,075.25
Top CPR 2,058.15
if the script move above the CPR and
Closes Support 1Day time Frame at 5mins chart
Go for Long.
Target - 2115
or
if the script...
First step of a successful trader is to build a Trade plan & review what he has done.
This Channel is my Journey in Stock market as a Trader.
This is my Trade Journal for Nifty & Bank Nifty . (education purpose for all )
Here, I will disclosed my Trade plan for trading day & review them, share my learnings.
with hope that this will add value to your trade setup...
First step of a successful trader is to build a Trade plan & review what he has done.
This Channel is my Journey in Stock market as a Trader.
This is my Trade Journal for Nifty & Bank Nifty . (education purpose for all )
Trade plan: 25th Jan 2021
Nifty : Trend is down , Sell on rise ( for levels see video for details )
Jai Hind.
Disclaimer :
This video is...
Wipro 444 : Wipro momentum is weak. Keep SL at 462 for Target 390.Fundametlly also Wipro is overvalued with 17.5 EPS and P/E 25.5. Better valued would be around 280-300.
Today Nifty has touched the all time high of 14753.55
As per our yesterday video we have mentioned that if the nifty break below
the CPR we can go for Short and as per our analysis the trade was executed.
Nifty was once again breaked the turning point and reached the previous
day low and taken support and closed at the CPR range of 14590.35
Expected CPR...
