Positional_ BritanniaHave Britannia added in your watchlist. It may provide (1:4 risk-reward) positional trade in the upcoming days.
Entry price, SL and target will be decided afterwards.
Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.
Positional
Positional_ CiplaCipla coming to RETEST its breakout zone. Good positional buy opportunity.
Entry price, SL and target will be decided afterwards.
Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.
Positional_ HDFCKeep track of HDFC. It could provide good positional trade opportunity in future. HDFC tried to break the resistance 2 times (Downward Channel Pattern), now it is already weak. If it tries to break 3rd time, there could be huge momentum or real breakout.
We can exit or hold near resistance, depending on various circumstances. Risky traders may hold, safe players may exit.
Entry price, SL and targets will be decided afterwards.
Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.
Positional_ HDFC BankKeep track of HDFC Bank, it is nearing its daily support. Good positional trade opportunity. Will let you know the entry price, SL and targets afterwards.
Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.
Positional_ M&M Finance_ LongM&M finance is nearing it's daily support.
I am planning to go long in near future. The risk-reward looks very good (1:3).
Entry price, SL and Target will be posted afterwards. The stock should be added in our watchlist.
Disclaimer: You're sole responsible for your actions taken in the markets. I've shared my analysis for informational and educational purposes only.
GAIL_ Positional Long above Rs 134.20_ (1:3) Risk RewardGAIL was consolidating near its support line for 3-4 days. I am planning to go long if it moves above Rs 134.20 tomorrow.
The risk reward looks attractive (1:3)
Entry: 134.20
SL: 129.90
Target: 149
Important Points:
1. Please note that Rs 150 is very strong "monthly resistance". Therefore, booking profit at Rs 149 level is best for us.
2. Look, whenever the price opens gap up (say 140), the people who bought earlier start booking the profits, Hence, that will not be suitable entry. But, if share open flat, start moving upwards slowly and steady, that's the BEST time to enter at the price I have provided.
Disclaimer: Please do you own research before jumping into the trade. Till then just be a spectator and evaluate how the price moves near support. I already have open positions which I may hold or exit at my SL.
Reliance support coming soon; Planning to LONGMarket ki saari ummedein "Mota Bhai" per tiki hui hain. Ab Nifty ko yahi bacha sakte hain.
Daily timeframe support coming soon
I'll go long at "one green candle (of course with full body)" once it tests support line on daily timeframe.
SL and Target will decide afterwards.
Ready to BLAST OFF (Positional Pick)Rattan India has given a fantastic breakout on Weekly Timeframe. Wait for tomorrow's candle close and the build positions gradually as this is a positional trade. The volume spike has been the highest ever in this stock so that gives it more confidence. Wait for some retracement to get a better risk reward
Tata Steel at Confluence Support ZoneTata steel gave a breakout from a promising channel pattern that has been in formation since over 2 years. Now the stock is taking support right at 50 DMA (Long tail candle), at .5 & .618 Fib levels and also at previous resistance zone which will now act as a support. Entries can be made in the same after a strong candle closes above 127 with strong volume. Short term Stop loss should be a a good candle close below 122 and long term SL is 117. Targets can be 150++. Trade can be held for a long term perspective too as Metal sector has given a breakout recently and is in a Stage 2 structure.
Positional Trade Setup in Granules "Ek Onkar"
Hello Traders,
We see a healthy correction of 30% in Granules. After the phase of correction the price is consolidating around the moving averages of 20, 50, 100 and 200 levels. Now the arrangement of the lines of moving averages indicates the start of a Bull run. Potentially the price has a strength to move 20 to 30% from these levels in 5 to 6 months. But I prefer to trade based on the technical data.
Technical data is as follows:
Chart Type - Heikin Ashi
Time Frame - Weekly
Trade Type - Positional (8 to 10 weeks)
Correction - High 381 / Low 267.75
30% correction from Oct22 to Mar23
Fib Retracement - 61.80% level 334.10 (Important level for breakout)
LTP - 311.10
20ema - 300.80
50ema - 302.49
100ema - 300.77
200ema - 274.69
in.tradingview.com
Note: The price is trading above all the moving averages.
We have a green bullish HA candle followed by a doji candle at the low of a bearish trend.
Trade Setup:
Wait for the breakout of 334.10
From these levels the price will try to test its recent high of 381.
Potentially the price has a strength to move 20 to 30% from these levels in 5 to 6 months but we follow the trend analysis.
Other updates will be updated in the update section of the post.
This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. This material is only for educational purposes.
Thanks
Sardar Simranjit Singh Virdi
DCM Swing/Positional DCM Prediction for Swing/ Posional Trading
First breakout at entry 1 level.Then gap up opening & moving upward direction. Structure break at 88. This level can be retest.
You can enter into trade above Entry 1 after retest or Entry 2 level (100) daily close basis or CMP according to intraday level. You can buy more at 88 level if there will a bullish signal after retesting the breakout level.
Sls-83,80 or according to you RRR.
Targets- 104,108,112,116,120,125,129,133,137,141,145,149,152,158,…….. (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About DCM –
DCM Ltd. operates as a holding company, which manufactures cotton yarn, other iron, and steel casting and products. It operates through the following business segments: Textiles, Information Technology Services, Real Estate, and Grey Iron Casting. The Textiles segment manufactures yarn. The Information Technology Services segment provides information technology infrastructure service. The Real Estate segment develops real estate properties. The Grey Iron Casting segment manufactures grey iron casting. The company was founded by Lala Shridhar on March 26, 1889 and is headquartered in New Delhi, India.
L&T Finance Holdings Ltd Swing/Positional L&T Finance Holdings Ltd Prediction for Swing/ Posional Trading
You can enter into trade above Entry 1 level (133.5) daily close basis or above Entry 2 level (136) or at CMP.
Entry 1, 132,130,128 levels can be retest.
SLs- Below 128 , 124.5, 123.. Below day closing
Targets- 139,143,147,150,154,158,162,166,170,… (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About L&T Finance Holdings Ltd. –
L&T Finance Holdings Ltd. is a non-banking financial company, which engages in the provision of financial products and services across retail, corporate, housing, and infrastructure finance sectors. It operates through the following segments: Rural Finance, Housing Finance, Infrastructure Finance, Defocused Business and Others. The Rural Finance segment comprises of farm equipment finance, two wheeler finance, and micro loans. The Housing Finance segment includes home loans, loan against property, and real estate finance. The Infrastructure Finance segment comprises of infrastructure business. The Defocused Business segment consists of structured corporate loans, debt capital market, commercial vehicle finance, construction equipment finance, SME term loans and leases. The Others segment deals in the asset and wealth management. The company was founded on May 1, 2008 and is headquartered in Mumbai, India.
Nifty intraday levels for today 26/Sep/2023Good Morning Traders.
Nifty has formed a dogi kind of pattern, seems indecisiveness among bulls and bears abt near term. OI is suggesting that 19600-19500 will be near term support, and 19800 can act like strong resistance zone for nIfty. Global market is showing bearishness today, GIFT Nifty also suggesting a gap down opening in market. If i talk about trend in the market, Nifty can consolidate between 19500-19850 levels. Let's see what is going to happen, we will act according to our chart pattern.
Important levels for Nifty:-
Strong Resistance Zone 19800-19850
Strong Support Zone 19500-19550
Buy above 19725, if levels sustains at least for 15 Mints.
Targets we can see in upside 19784/19844
Keep stop loss at 19629
Sale below 19629, if levels sustains at least for 15 mints.
Targets we can see in downside 19566/19502
Keep stop loss at 19725
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
Bandhan Bank - Low risk SetupThe chart shows that the stock has bounced back from 210, a support level for the last few months. Also, a retest area for the previous breakout makes it more significant ( if sustains above 210 ).
If sustains above 205-210, may go to 235/252/267 in a short time period. If sustains below 205, will weaken the strength.
Only for learning and sharing purposes, not a bit of trading advice in any form.
Do not gamble in any trade. Try to refine your trading setup in a way so that it should appear like a business.
All the best.