MOMENTUM TRADE IN HDFC BANK !!(DEC FUT)!!
VIEW
-HOLDING ONTO ITS RANGE
-21-EMA SUPPORT
-SUPPORT @1250
TRADE VIEW
DEC FUT
BUY@1275
STOP@1265
TARGET 1@1287
TARGET 2@1297
LOT:250
QTY:2
"ESCORTS ON THE WATCH" BULLISH TREND AHEAD
VIEW:-
:-STOCK IS STOCK IN THE RANGE OF 640-676
:-BULLISH SIGNAL IS THE GOLDEN CROSSOVER
:-GOLDEN CROSSOVER HAPPENS WHEN THE 50-DMA CROSSES OVER THE 200-DMA FROM BELOW/OPPOSITE IS CALLED DEATH CROSS
:-POWERFUL SIGNAL
TRADE VIEW
DEC FUT
BUY @650-655
STOP@639
TARGET 1@676
TARGET 2@690-95
QTY:1100
CANARA BANK FINALLY BREAKS INTO OUR DESIRED RANGE WHICH IS VISIBLE IN THE RECTANGLE PATTERN
SINCE THE RANGE MOVEMENT IS BACK IN PLACE AND THE PSU SECTOR IS SHOWING SIGNS OF MOMENTUM
WE ARE BULLISH IN CANARA BANK
BUT WOULD PREFER TO BUY ON DIP TOWARDS 215-213
TRADE VIEW
DEC...
Previously I posted this stock under bear attack....this is continues today also
support around 1812 level and the mac OI at 1900...
if the support broken then it can be free fall
Wipro is trading sideways between 280 and 300 as we could see in chart. Currently the stock is in the lower bottom of the range making it an opportunity from Risk-Reward perspective to go long.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas....
* On the daily chart stock price has decisively broken out from its multiple resistance zone of 822 - 830 levels on closing basis and sustaining above the same.
* This breakout is accompanied with increase in volume which supports bullish sentiments ahead.
* The daily as well as weekly strength indicator RSI and the momentum indicator Stochastic both are in...
* On the daily chart stock price has decisively broken out from its multiple resistance zone and symmetrical triangle on closing basis and sustaining above the same.
* This breakout is accompanied with increase in volume which supports bullish sentiments ahead.
* The daily as well as weekly strength indicator RSI and the momentum indicator Stochastic both are in...
Eventhough @Biocon shows good move, It can be pulldown if it didn't get buyers(demand). I mean there are 80% chances for fail breakout. To confirm it, short if the price closes below red line and if it shows less volume(less interest).
The counter is range bound, 0.71300-0.70669.
After taking resistance at the upper end of the resistance, the counter has crossed the mid level of the range, 0.70981.
Hence, we expect the pair to the lower end of the range, 0.70669.
Breakout happened with high volume, But it keeps on failing for the last 2 days. One can confirm after the next candle. I am shorting this trade after two days.
Detailed suggestions and perspectives are welcome
NZD/CAD is currently in a range bound move.
It has taken resistance at its upper range end is on it way to its to lower range.
Also, it has crossed its critical support at 0.90131, hence we expect the pair to move to its support at 0.89132.
This is weekly chart of PFC on NSE (INDIA) trading at CMP of 93.65. It looks an excellent investment idea based on price behaviour as illustrated below:
1. Price is trading in range (70 - 160) since Feb 2014. Upper and lower range have been drawn on the chart indicating various supports and resistances using arrows.
2. Activity in the scrip can be witnessed...
It has been observed that the price action facing a strong selling pressure at the resistance zone of 730-740 levels, which is indicating further weakness ahead. It has also observed that the price action also forming a range for past few months, which may likely to continue here on.
T1- 700
T2- 680
SL- 750
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