UNITED SPIRITS - Short-term bullish 1. Symmetrical Triangle pattern breaksout. 2. Next target will be 827. 3. It's short-term for the swing traders. Note: 1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only. 2. Always check with your financial advisor and take the trade as per your risk/reward ratio. 3. Follow me for...
SUMMARY:- *earlier i shared wipro chart *unlike wipro techm is yet to break below the flag pattern *IT sector stocks look bearish now *wait and watch approach will act once breakdown is seen DISCLAIMER *my views are not trade recommendation *please consult your financial advisor *do not over trade *manage risk and manage risk appetite *for live market update...
SUMMARY:- *stock has created a weekly head and shoulder pattern *breakdown below 770-780 demand zone suggest a move towards 500-400 levels *yes it has come to those levels in the past *i have been negative on the index in banknifty and some major banks *please check my previous weekly and special post on index *those following me in my channel have seen...
SUMMARY:- *stock is looking to breakout of resistance of 276.5 *once does breakout we will see levels of 282-285 in short-term *look out for a breakout TO BE UPTO DATE -check the signature box below -for live updates *channel view shared early and updated DISCLAIMER *my views are not trade recommendation *please consult your financial advisor *do not over...
SUMMARY *stock after major break of 1900 went on to make a new lifetime high of 2400+ *stock recently after results corrected till levels of 1900 the breakout zone *and now is back to continue its bull run *bullish flag is a continuation pattern *if holds through then adani ent is moving towards a new all time high TRADE SETUP *safe trades can enter when stock...
SUMMARY: -dxy cooling down to 101.5 -shooting star candle formation on monthly chart -US10Y@2.74% -wall street showing some sort of strength -now data last week was not good nor bad -is the sharp fall in usa market factored the worst or the worse is yet to come -question rises whether today nifty will break above its trading range of 15750-16420 -if does will it...
SUMMARY:- -stocks tends to have sharp ralies in the direction of the brekaout -it is a continutation pattern -delivery volumes and open interest data also support -rising volumes after brekaout actually help support pattern -itc has actually broken above 273 on weekly basis that is a good sign -273 was acting as a major hurdle for the stock -since we have...
SUMMARY:- -maruti is looking for a double bottom breakout -stock is performing in a falling market -wait for a close above 7950 today -if does then targets towards 8300-8400 open up in short-term
SUMMARY:- *stock is breaking out of falling wedge pattern *also stock is on the verge of breaking its 200-ema *stock can see massive short-covering above 400 LICHSGFIN CASH BUY@391-393 STOP@383 TARGET@407-414-421 *if stock breaks back into pattern then pattern has failed *so risk reward ratio is good *week chart indicates big moves above 420 NOTE: *do not...
Beautiful Swing Trade setup in Kellton Tech as its on the verge of W pattern breakout Volumes building up & RSI looks Strong Keep eyes
SUMMARY:- *index has broken above its bearish trendline *last time it did that we saw 1000 point rally in index *we have re-entered the trading range of 16800-18350 *at the same time we have captured 200-dma *oil near 100 or almost below that *only thing is that it can find support near fibonacci levels *FOMC meet tomorrow night *market will go bullish into...
BALRAMPUR CHINI FUT BUY@453(ABOVE 450 ONLY) STOP@438 TARGET@468-475-485 *this view is my personal view trade with strict stoploss *view may differ from others so trade with solid mind *once in profit and first target is achieved *trail your trade *do not overtrade *for more index and stock updates check the link in the signature box below *early analysis through...
*One can go long on close above the trendline on 30-min chart *stop will be morning low *targets in the range of 17200/17490/17870
SUMMARY: *stock is breaking out of double bottom formation and symmetrical triangle pattern *upside can be adjusted *for now a momentum trade INDUSIND BANK BUY@948 STOP@928 TARGET@969 (FURTHER TARGETS:-994/1020) POSITIONAL TARGET WILL BE CLEAR IF CLOSE ABOVE 1000 IS ACHIEVED *this view is my personal view trade with strict stoploss *once view may differ from...
SUMMARY:- *index has created double bottom on hourly chart *hourly close above 17350 will be first sign to go long *it doubles from the breakout zone *used heikin ashi pattern to remove the gap *lets keep it simple *16850 is the jan low that will be our stop for longs NIFTY FEB FUT BUY@17350(SAFE TRADERS WAIT FOR 10:15 AND A CLOSE ABOVE 17340 IN...
SUMMARY:- *banknifty is breakout of a bearish trendline on weekly as well as daily chart *possible move towards 37500-37000 cannot be ruled out *close above 200-ema will give us more and more confidence to stay long *nifty is expect to go to new all time high *banknifty once above 36k (close) will force short-covering BANKNIFTY FUT TRADE BUY@36075(ABOVE...
SUMMARY:- *stock seems to be breaking out of its consolidation zone *a close above 770 on daily chart will give us double bottom breakout *wait and watch on icici bank till now and the break is achieved *usually doubles from breakout ICICI BANK JAN FUT BUY@770 STOP@750 TARGET@800-820-845 *targets will be revised as per closing basis *we have result season...
SUMMARY *stock has broken in the channel *initial view is a slide upto 677-673 *trail stop as it slides further *fall to 650-660 cannot be ruled out BHARTI FUT SHORT@690 STOP@705 TARGET@677-665-655 note *trail stop to entry price when first target hits *its volatile and news driven stock *stay alert *trade safe *do not overtrade *for more index and stock...