CHFMXN - SHORT TRADE FOR HUGE PROFITSymbol - CHFMXN
CHFMXN is currently trading at 23.37
I'm seeing a trading opportunity on sell side.
Shorting CHFMXN pair at CMP 23.37
Holding with SL 23.70
Targets I'm expecting are 22.70 - 22.20 & 21.75
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Positionaltrade
AUDNZD - SHORT TRADESymbol - AUDNZD
AUDNZD is currently trading at 1.10970
I'm seeing a trading opportunity on sell side.
Shorting AUDNZD pair at CMP 1.10970
I will be adding more if 1.11200 comes & will hold with SL of 1.11700
Targets I'm expecting are 1.09500 - 1.08890
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
GBPNZD - SHORT TRADE FOR HUGE PROFITSymbol - GBPNZD
GBPNZD is currently trading at 2.12280
I'm seeing a trading opportunity on sell side.
Shorting GBPNZD pair at CMP 2.12280
I will be adding more if 2.12600 comes & will hold with SL of 2.13000
Targets I'm expecting are 2.09200 - 2.08500
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
HDFC LIFE - APPROACHING DEMAND ZONESymbol - HDFCLIFE
HDFC Life Insurance Company is engaged in carrying on the business of life insurance. The Company offers a range of individual and group insurance solutions. The portfolio comprises of various insurance and investment products such as Protection, Pension, Savings.
HDFC Life is approaching demand zones on charts. 500 - 540 is a major support zone for HDFC Life. Stock is currently trading at a good valuation.
I'm seeing a positional trade opportunity on buy side. I usually trade in futures but this time I'm taking this trade in cash as general elections are due in June which is a major event for market makers.
I'm investing 50% allocation today at CMP 540. I'll invest 50% more at 510 level & will hold this position with 495 as SL. Targets I'm expecting on long side will be 580 - 615 - 640 - 675. I'm ready to hold this trade for 3 - 6 months.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
PFC - POSITIONAL SHORT OPPORTUNITYSYMBOL - PFC
CMP - 510
PFC saw huge sell off on 4th June & now It is recovering & price is testing the liquidity area which is now a resistance.
I'm seeing a trading opportunity on sell side in PFC.
Shorting PFC Futures at CMP 510
I will be adding more if 535 - 540 comes & will hold with SL of 562
Targets I'm expecting are 418 - 402 & 388
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Bull Run Over? Will Nifty Return to 19K? | Nifty50 Wave AnalysisWave has already shared the Nifty wave counting (2020-24) earlier. Please refer to the following links:
Nifty Elliott Wave Analysis 2020-24 With Subordinates Counting
Strong Wave 5th is Happening: Nifty Wave Analysis in DTF
The big wave 5th of the impulse, which started from the 2020 COVID bottom, has hit 261.8%, and we have to go for a degree correction.
Three possibilities:
1. Rally Continues : Wave 5th can go in extension further if Nifty can sustain weekly candles above 24,127. It can hit 26,000, but the possibilities are very low due to many factors like divergences, Ichimoku gaps, Yearly CPR etc.
2. Time-wise Correction: Nifty can stay in a big range (4,000-5,000 points) for one or two years.
Who can benefit from this? Option sellers, for sure.
3. Price-wise Correction: Nifty can see a sharp fall to the demand zones we mentioned.
Who can benefit from this? Option buyers, directional options and future sellers.
Note: Edge is compulsory for any trades to avoid unexpected events since it's going to be a positional trade.
Entry Points:
Current Market Price is 24,302, and a 1-hour candle close below 24,170 is our short entry.
Stop Loss:
The safest SL is 24,610, but if this SL is too big for swing/intraday traders, they can keep the stop loss above 24,450.
Targets:
We have mentioned three demand zones in the chart based on Fibonacci retracement:
First Demand Zone: 22,000-22,500
Second Demand Zone: 20,030-20,960
Third Demand Zone: 18,000-18,500
OSIAHYPER, Multibagger Stock ?CMP-26.45
All Time High - 78.15
All Time Low - 19.90
Support Zone - 19.90 to 23.35
A hammer has been formed on the support zone.
Osia Hyper Retail Ltd. engages in the operation and management of a supermarket chain with a focus on value-retailing.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
SHREECEM, Weekly Chart Technical OutlookA strong bearish piercing candle formed in the compression zone.
The candle gives a strong breakdown of the bands.
Trend is negative with medium strength.
The probability of down move of 7% is more than 60%
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Monthly Chart Breakout - Positional Trade - VEDL📊 Script: VEDL
📊 Sector: Mining & Mineral products
📊 Industry: Mining / Minerals / Metals
Key highlights: 💡⚡
📈 Script is giving Breakout of double bottom neckline on Monthly chart, we may see some good rally.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 414
🟢 Target 🎯🏆 - 504
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
ASIAN PAINTS - DOUBLE BOTTOM LONG ENTRY - POSITIONAL TRADESymbol - ASIANPAINT
Asian Paints is currently trading at 2822
2780 - 2830 is a good support area for Asian Paints.
I'm seeing a trading opportunity on buy side.
Buying Asian Paints Futures at CMP 2822
I will be adding more if 2785 comes & hold with SL of 2760
Targets I'm expecting are 2915 - 3015 - 3140 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
HUDCO Breakout and Retest Setup 🚀Greetings traders! 👋 Today, I'm sharing my analysis on HUDCO, which is showing a Breakout and Retest setup with volume build up. Here's a breakdown of the setup:
📌 Setup: BREAKOUT and RETEST SETUP
🔍 Analysis: I've conducted a thorough analysis on multiple timeframes, confirming the breakout and retest.
📊 Indicator Support: Momentum indicators are showing support for the bullish momentum.
🔍 Keyword: Multiple timeframe analysis done, momentum indicator support, etc.
#HUDCO #BreakoutSetup #RetestSetup #VolumeAnalysis #TechnicalAnalysis #TradingView #ShareMarket #StockMarket 🚀
Piramal Pharma Limited: Multi-Year Breakout! 🎁#PPLPHARMA
🔍 Setup: Multi-year breakout setup
📊 Analysis: Bullish trade! Significant volumes detected, with a supportive sector. Key levels from Nov 2022 and Jan 2024 have been breached, and the price is sustaining well above them. Trade Active Price: above 154. 📈
Join the discussion and share your thoughts! Like and comment below! 💬 Let's capitalize on this breakout opportunity together! 🌟
GNFC Best Swing Idea! 🔥Greetings traders!📈 Today, I'm thrilled to present an intriguing setup on GNFC, showcasing a positional breakout scenario complemented by volume analysis. Here's a closer look at the setup:
📈 Setup: HORIZONTAL BREAKOUT SETUP
🔍 Analysis: Extensive analysis across various timeframes confirms the breakout potential.
📊 Indicator Support: Momentum indicators are providing robust backing to the bullish momentum.
📈 Keywords: Strong volume participation, comprehensive multi-timeframe analysis, bolstered by momentum indicators.
Stay tuned as GNFC gears up for potential bullish momentum! Remember to conduct your own analysis and deploy effective risk management techniques.
#GNFC #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
Jamna Auto Industries: Breakout of the Year 🚀Greetings traders! 👋
Today, I'm excited to share my analysis on Jamna Auto Industries #JAMNAAUTO has broken its previous high with significant volume, indicating a potential breakout. This breakout with volume setup suggests strong momentum and presents a compelling swing and positional trading opportunity. Our analysis includes thorough volume analysis, multiple timeframe analysis, and momentum indicator support, pointing towards a bullish trend continuation.
Don't miss out on this breakout opportunity in Jamna Auto Industries!
- Remember to conduct your own analysis and implement proper risk management strategies. Thanks!
Market wait to decide trend. Weekly closing around crucial level
The weekly chart of the market has closed around an interesting resistance zone. Even RSI indicator is showing some strength but price action needs to confirm.
Fibonacci Golden Ratio is also in sink with the resistance zone and on the contrary it took support on the weekly charts from the major trend Golden ratio.
There is a confusion as both the indices are showing some gap and they will pull each other.
If nifty keeps it rally and banknifty sustain and starts trading above the resistance zone, banknifty will reached new ATH.
In case banknifty face rejection from these levels and starts trading below the weekly 20 EMA, it will pull bank nifty.
There will be a double bottom probability around the support zone or a M pattern formaiton on the weekly charts.
This week need to close above 47300 levls to prove its bullish, else have to wait for another week on the positional trade.
If the market moves sideways, some good entries and exits can be taken from these zone.
Monthly candle close is still in between. Next week clear monthly view can be seen.
High probability of market deciding the trend is there in this week.
Positional trades from the next month expiry may be triggered this week as per the price action formation.
INDUSTOWER Momentum Setup 💹Greetings traders! 👋 Today, I'm excited to share my analysis on INDUSTOWER, highlighting a promising positional setup with a breakout supported by volume. Here's what you need to know:
📈 Setup: Positional Breakout With Volume
🔍 Analysis: I've conducted comprehensive analysis across multiple timeframes, confirming the breakout setup.
📊 Indicator Support: Momentum indicators are indicating strong support for the bullish momentum.
Stay tuned for potential upside momentum on INDUSTOWER! Remember to conduct your own analysis and implement proper risk management strategies.
#INDUSTOWER #PositionalSetup #BreakoutAnalysis #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
ISEC - Range Breakout Setup: A Promising Swing Trade Opportunity📈 ISEC is exhibiting a range breakout setup, making it an attractive option for swing trading. Don't miss this opportunity for potential gains!
#SwingTrading #StockAnalysis
Ready to Blast Off (Positional Pick)Rattan India has given a fantastic breakout on Weekly Timeframe.
Wait for candle close and then 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