- 46200 to 46300 Sellers area pushed down buyers 2 or 3 times
- Support area from 46025 to 45955 also round area more traps can happen
- Looks like Gap Down opening is expected
- also trend line support and forming wedges, A good move expected on below 45980 to 45900.
Note : Above analysis is only for learning purpose. Do your own analysis before making any trade.
Varroc Engineering is focused on designing, manufacturing and supplying exterior lighting systems, plastic and polymer components, and electrical and electronics components
Market Cap : 5000cr Market Cap set your positions accordingly
Sector : Auto Ancillary
VARROC ENGINEERING is in a 4 month trading range, the analysis done above is through Wyckoff method and we...
Price formed a ascending triangle in SGX NIFTY50, if it will break down then we can expect a correction or if price will breakout then it will continue their up move. What do you think? tell me in the comments below.
Fortis healthcare has been reciprocating between a range(around 25% ie. big) since Aug. 2021
I entered two times after the range form 1st-aound 24 feb 2022 (there is huge gap down because it open at bottom support range and pump up so I entered) booked around 25%>>> 2nd recently 14 June ( after entry , huge consolidate near support level but I intact, again 23%...
FRESH BUY CAN BE MADE .
ADD MORE NEAR SUPPORT.
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
BUY+ACCUMULATE
PROMOTER:70%
DII:14.86%(CONSISTENTLY BUYING)
FII:4.70%(FIRST TIME BUYING FROM FII SIDE)
ROCE:37.4%
ROE:27.6%
P/E:17
INDUSTRY P/E:29.4
EPS:43.1
CAGR:22%(10 YEARS)
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Nifty in a parallel channel, lower green trend line can be considered as a demand and upper trend line can be taken as a supply, one can trade accordingly... like buying at demand and selling at supply..
NOTE : STRICTLY TAKE TRADE IF NIFTY CONTINUES TO BE IN CHANNEL, BREAKOUT ON EITHER SIDES WOULD BE A TREND REVERSAL AND TRADE ACCORDINGLY.
Watching the chart we can see that bank nifty was forming higher lows(HL) which indicates an uptrend and equal highs (EH) which indicates rejection...
as Bank nifty have already tested 35700 level 2 times we can expect a break out and a good target would be 36000 as huge amount of call writings are written at 36000 which indicates resistance...
IN SHORT : IF BANK...
In this above analysis, I show both scenarios may be happening in the future. Take a position as your own calculation if anyone happen. Now wait for the good opportunity
HAPPY TRADING
If it breaks upward trendline & makes a DOUBLE BUTTON; be alert that time cause it'll be going MOON
Or if break downward then be READY to SHORT . . . .
I take this short sell trade on SBI now for intraday on Equity, cause it's may take more than 1 day
Risk to reward: 1.5 (Take only 2% of your capital risk)
Time to take a LONG entry on AUDUSD based on below price action:
Confirmation:
------------------
(i) Nice bounce back from multiple support area 0.77000
(ii) Short term downtrend line break
(iii) Market already in a range with multiple respect on the same R/S area
TAKE ONLY 2% RISK OF CAPITAL PER TRADE
AUDUSD possible short sell OPPORTUNITY, if break the next support at 0.76000
Confirmation:
--------------------
(i) Already in a downtrend
(ii) Double/Tripple Top chat pattern formed & fall
(iii) Short term uptrend line break
(iv) symmetrical triangle pattern break
USE ONLY 2% OF CAPITAL PER TRADE
GRAPHITE | Looks good for doubling - 133%
CMP : 476 (Dip till 420)
SL : 380
Target : 1065
Almost 1:10 risk reward setup. Can put 5-6% of the capital and sit tight without disturbing the trade. May take few months to perform
