view continues - for sale sidedaily close @ 200 ema
if no bounce back then
take targets as 508 - 480
tomorrow if candle closes above 200ema
then no short carrying forward
old view below for reference
Rejection
BANDHANBANK respecting 200EMABANDHANBANK is respecting the 200EMA from the last year. It has taken Support multiple times and been resisted as well during the same period. Recently it broke the EMA level, after which it has dive further. It seems it has retested the levels once again, which indicates it may continue to dive further for the next few trading sessions before it can bounce back from the previous swing low.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
Sun TV - LONG - Positional - Aggressive Trade based on SRSun TV is strongly Bullish.
Time Frame 4-6 months and a Risk-Reward Ratio of 1:2.5
We are to enter at 490 levels;
Target is 648
Stop-Loss is 425
METROPOLIS - Swing Trade (BUY Side)NSE:METROPOLIS
Buy at 1855-1875 range for an excellent entry.
SL - Exit if stock close below 1850, since it will definetely test the low's of the rejection candle.
Reason for the trade: Rejection + Failed New Low(Previous day)
Exit when: A daily close below the Rejection Day midpoint breaks the pattern, as this would indicate a retest of the Rejection Day low.
Disclaimer : Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
Strongest stock - DMART (Rejection day)Buy At 2588-2600 range for an excellent entry.
SL - Exit if stock close below 2580, since it will definetely test the low's of the rejection candle.
Reason for the trade: Rejection day
Rejection Days have a range that is significantly larger than the 10-day average and The ideal swing entry is the Rejection Day midpoint,which can be defended for 1-4 days after the rejection.
Exit when : A daily close below the Rejection Day midpoint breaks the pattern, as this would indicate a retest of the Rejection Day low
Disclaimer : Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
Grasim |Head & Shoulder Pattern & 200ema breakdown🎯⭕ Intraday Trading opportunity ! min Chart Alert !!! ⭕
--Sell below = 900.40 or CMP
--Target =875.35 | 835.85
--Stop-loss = 912.30
--Lot Size = 950
--R:R = 3.91
--Expected Profit = 44,000 ₹ per lot ( 5.17 % )
--Expected Holding = 15 day only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Head & Shoulder pattern breakdown
2) 200ema breakdown
3) inverted top setup
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✍COMMENT Below your view !
Swing trade in UTI AMC - Entry around 538 (Rejection day) Buy At 538-545 range for an excellent entry.
SL - Exit if stock close below 538, since it will definetely test the low's of the rejection candle.
Reason for the trade: Rejection day
A Rejection Days have a range that is significantly larger than the 10-day average and The ideal swing entry is the Rejection Day midpoint,which can be defended for 1-4 days after the rejection.
Exit when : A daily close below the Rejection Day midpoint breaks the pattern, as this would indicate a retest of the Rejection Day low
NESCO LongNESCO had a pullback from 600 levels and fell upto 520s which is acting as a strong support line.
A fall below 515 immediately rejected with close above 516 and next candle moved big.
Go Long on CMP.
SL : 515
T1:602
T2: 644
Nifty Bullish Target 11650Long wicks Signs of rejection at lower levels
Looking good
Double bottom breakout might be possible
Buy above 11560 if sustained more than 1hr TF
Target 1 - 11650
Target 2 - 11750
Stop Loss - 11450 on Closing Basis
Auropharma forming a head & shoulders pattern.Since nifty has gained all the momentum for now, Pharma as a whole sector is consolidating. Auropharma has made a Head & Shoulders pattern. If it breaks below 850 with volumes, consider for selling. keep target of 770.
LONGSeems like making a new trend line with rejections.
If it closes above the hurdle, might give a good move with good R:R!
Voltas - Positional TradesVoltas made a bullish run from 100 DEMA to 200 DEMA in a day only to retrace back a little & is now perched beautifully just below the 200 DEMA & 50% FIB retracement level as shown on Chart.
Its a precarious level with both scenarios of break and rejection equally possible.
Volume & Momentum seem to favour a break upwards.
Pay attention to NIFTY trends and Volume before taking trades.
Positional Ideas:
Go Long above 590 for 605,620 with SL at 575
Short it below 565 for 550, 545 with SL at 575
P.S The levels mentioned are long term supports and resistance on monthly charts. I always prefer rounded-off values!
HDFC ShortHdfc short below 1750 sustaining for 1700/1660 SL 1812....risky its paper trade becoz this candle formation found at bottom n gives good momentum also at 1660 levels gap filling is there.....below 1750 can give good momentum i think.....no trades only paper trade
Traingle, BearishResistance at 1735
1) 4H candle rejecting 1735
2) 1D candle rejecting 1735
3) Can move towards 1650 and even 1550 if it breaks the below trend line
Short - Rejections + VolumeChannel exit resulted into rejections with volumes.
Might go back to lower end of channel. Good short position can be created!!
GBPUSDany segment apply this streatgy
1, 50ema cross to 200ema
2, wait 4 50ema resistance
3, red candel 3 1candel red 2candel close below 1st candel low and 3rd candel close below 2nd candel low
4, tarde Sell below 3rd candel low and target 1st candel high and 3rd candel low
5, sl 1st candel high
