Namaste!
I have been tracking ITC for quite some time. Now, I see an upcoming bearish momentum in the coming weeks.
Q: Why am I saying this?
A: Well, all time high of ITC was Rs 367.70. It broke it's multiyear lows (of Rs 178.65) on 09 March 2020. So, it can be a long term pattern of "lower lows and lower highs". This price can be the next lower highs. Profit...
Namaste!
Waiting for a retracement is always a best thing that provide very good investing/trading opportunities.
It significantly affect ROI (Return on Investment) percentage. Please read following points, to get idea what I am talking about.
1. If you can see in the previous weekly candles and overall chart, the market moved higher (since Nov 2020) but with...
Due To Weak Quaterly Results It Was Underperforming And Trading Low On The Curve From 750 To 350 Since Last 9 Months. But Dec 2022 Results Were Superb Compatative To All Previous Quarters Of Last Year Hence It Rallied Almost 75% In A Week.
As Showed In The Chart There Was A Bearish Gap Level Oh 13th August 2023 At 621 - 638 Price, Where We Can Assusme That There...
NSE:CNXAUTO
I am expecting a small correction in the Auto sector. It is because the price is facing resistance on the upper trendline. The MACD indicator is showing a small divergence as the MACD Line didn't went up when the price went up and giving random crossovers. It is moving in a range but the prices went up in past one month.
The same is with the RSI,...
NDTV is approching its * All Time High*
All Time High act as a resistance, so those who are in this trade time to book your gains ( It may start lower circuit, exiting will impossible)
...
With the index having run up almost 1550 points from June lows, it is reasonable to expect some profit booking. Given that monthly expiry is in two days we can continue to see profit booking which can drag the index to lower levels. The upside seem to be capped at this stage near 16700. On the downside we could see the index moving to 16500-16380 zones which can...
Levels are explained in charts with Entry, Target & Stop Loss.
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Levels are explained in charts with Entry, Target & Stop Loss.
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Sell > 247 to 251
easy tg - 235
Highly overbought, no more upper circuits.
Likely to consolidate from here.
One can sell call spread,
sell 250 CE cmp 6.6 and buy 260 CE cmp 3.8
You can eat premium of 3.8.
Now delta corp ltd enters profit booking zone for 273 to 302 with climax volume.coming weeks consolidating and profit booking comes.best price to enter pullback zone 265 to 248.fresh buy above 300 with strong volume close with pullback entry.so time to keep watch smaller timeframe 30min reversal candle.now in 30 min timeframe triple top pattern occur.below 275...
HEY TRADERS,
THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD...
HOPE YOU ALL FIND SOME VALUE Here...SO, DON'T FORGET TO LIKE AND SHARE THIS POST. DON'T FORGET TO SUBSCRIBE.
COMMENTS WRITE DOWN BELOW OF THIS Chart...
...
As you could see Green area in chart we had a bad crush in 2008-2009. After the fall Technically we saw a bull rally of 1.6 times of the fall and market made high of 9180 before having corrective move till previous high of 6200 which is also 38.2% of the bull rally which is drawn as white dotted line in Green area.
Similarly, This time also as we can see the...
***Disclaimer-- please trade at your own risk** for educational purpose only***
1. Looking weak on daily
2. narrow range expiry on 11th Feb 36000 - 35580, volatile! expected profit booking but support was strong 35550 zone
3. Expecting have some profit booking 34850 range, bnf breakdown 35600 and hold for 10-15 mins it should be a good shorting opportunity
4....
1. if Nifty opens flat to negative, good for short in the range of flag
2. 15175 shorting position, 15000 -15060 could be the target range
3. RSI 15mins, 30mins, and 1hr @60 taking resistance, daily @70 - a combination that could repeat one in a while I believe
4. BNF looking week that could possibly help the shorting easy.
5. price structure in F/Flag pattern a...
