POSITIONAL CALL IN LUPIN(OPTION TRADE ONLY)
IS IT A RANGE BREAK-OUT TRULY OR NOT DEPENDS
UPON A CLOSE ABOVE 930
IF THAT HAPPENS BEFORE 3:30 TODAY
WE ARE SEEING A TARGET OF 1100 ON A LONG-TERM
CHARTS AND WE ARE NOT LOOKING FOR THAT
WE ARE LOOKING FOR 1050
SO WE ARE BUYING OPTIONS WE WILL BE PROTECTED WITH
REVERSAL WITH AN INBUILT -STOPLOSS
BUY 1000 CALL...
ICICI MAY HIT 400 BY OCTOBER
OCTOBER FUTURES TRADE
STOCK HAS FORMED A DOUBLE BOTTOM
ONLY THING LEFT IS TO CHECK WHETHER CLOSES ABOVE 360 ON WEEKLY BASIS
ON DAILY CHART HAS CLOSED ABOVE 360
SO FOR SHORT-TERM
BUY@344
STOP@338
TARGET@354
LOT:2750
QTY:2
OCTOBER FUTRES TRADE
BUY@344
STOP@328 WILL BE ADJUSTED ACC.TO VOLATILITY
TARGET@390
LOT:2750
QTY:5
NOTE IF PATTERN...
Paper sector is booming due to adversarial move in crude price and long term negative impact of plastic on environment. this was the economical and sentimental change in though of investors, which has caused the price to move in tandem and stronger than nifty. However tenkan kijun and cloud B have become flat and price could be attracted towards it.
Also two...
As can be seen due to favorable exchange rate for exporters this issue has risen significantly and is trading above all indicators except tenkan, which means the stock is taking a breather also, the cloud B line is flat which is concerning and can attract towards it. look for dips and reversal candle formation on weekly basis for buy in the scrip.
As can be seen the price has recently price has moved above the cloud and has become stronger than nifty. The flat kijun is a concern. Nonetheless the issue can be added on dips.
As can be seen the stock is going strongly moving upwards and is going fast. Advisable to buy on dips. Look for consolidation moves sideways for a couple of weeks to add a bigger position.
As can be seen the price is trading above the cloud after the recent up move, and is stronger than the index. However being in ASM can be a drag. It is suggested to be added on dips.
As can be seen trading above the cloud and being more strong that the relative market of Nifty. The stock can be added on dips. at the Tenkan and Moving averages.
s can be seen the price is trading above the Cloud decisively and is in line with the broader markets movement of Nifty. The issue can be added near kijun level. One concern is the flat Cloud B line which means stock is flat movement. therefore advisable to add small portions on dips and once conclusively trading above 260 with upward move of Cloud A and B line,...
Verdict:
Stock might be getting ready to move out of
corrective phase & continue its uptrend
Based on DEMAND & SUPPLY ANALYSIS,
125 & below = strong sellers area, & stock has breached this level.
And trend reversal will get confirmed when it will breach 138 lvl.
It is generally observed that if stock crosses 76.8% retracement lvl,
then 90% of the times, it...
BANKNIFTY seems to have completed its pullback, buy with a tight stop-loss of 27540 and a Target of 27940.
Please take positions after consulting your financial advisors. We are not SEBI Registered.
