after a long down trend jindal stainless is attempting to reverse the trend , on its previous two attempts in the near term it has failed but this time it has shown a strong bullish sign with a hammer candle following with the confirmation gap up bullish long candle , time to go for LONG in this stock
it also tries to form a head and shoulder pattern with the...
AS PER THE PREVIOUS TRADE CALL ON YESBANK HAS BROKEN
OUT OF THE DOUBLE BOTTOM FORMATION
AND HAS MANAGED TO GIVE A PERFECT PULLBACK
SIGNS ARE GOOD TO GO LONG SO WE ARE ENTERING INTO
A POSITIONAL TRADE FOR THE COMING TW0 WEEKS
SMART INVESTORS WILL ACCUMULATE
AT THESE LEVELS STOCK HAS RETRACED
MORE THAN 61.8% AS A TRADER TRADE FOR
SHORT COVERING AS A POSITIONAL TRADE ACCUMULATE AT THIS LEVELS
BUY@107(WAIT FOR IT
STOCK HAS FORMED A STRONG...
Voltas cmp 522.75 spot initiating positional shorts in voltas with stoploss above 527
targeting 512 spot
positional trade carries huge overnight risks
2 trade setup assumes that nifty index will remain weak --any strength in market can lead to buying in stock
3 trade instrument july future
4 Trend trade --anyone can take this trade provided you can monitor...
Reliance cmp 998.50 spot
initiating positional shorts in reliance with stoploss above 1015
targets will depend on developing price action a likely target is 974
please read carefully
The stock has been in a uptrend -this means we are taking a countertrend trade -risk is highthan acceptable
2 positional trades carry huge overnight risks that can go beyond the...
BPCL cmp 409.8 initiating positional short trade in bpcl with target of 395 and lower,stoploss 318
all prices spot
Please do careful risk calculation before taking trade
All positional trade carry huge overnight risks due to news flow.
Not for small traders
Derivative trading is a high risk activity ,there is no guarantee of trade being profitable
If Nifty will respect the trendline, then it can be shorted in the PRZ Zone of 10820-880 with SL above previous swing high. The Crab Pattern Target is 9350 which would take lot of time to reach. Near term target is 10060 for Short side. However if price closes above the trendline, then it can further go up as per ABCD pattern for short term target of 11400....
Tatachemical cmp aaprox 723, short @723 with stoploss above 731 spot.
Trade trgt will depend on market conditions price movement going forward
Plz do proper risk assessment before initiating trade
Do Not overtrade
Positional trades carry huge overnight risks
All prices are spot
Initiating long in gold cmp is approx 1326.4 ---the targets will be above 10334 and higher , plz read the prev post/idea on xau/usd and the points mentioned below
the trade setup is based on higher ti,eframe charts and thus is positional trade
it carries substantial risk
in this trade we are entering early based on certain triggers
The earlier mentioned...