Bank nifty 1hr candle, 17th June Analysis bank nifty to see resistance form 20500,
RSI divergence spotted
Resistance_level
BalkrisInd , not a !!!!Currently in bullish channel but not a good risk reward ratio to buy ! wait for a dip !
Can follow on twitter for updates !
MFSL , Jackpot !!!!MFSL looks strong for the upmove but before any upmove , may give a dip as on daily charts spinning top spotted. and also on the fibbo its on the golden ratio of 61.8% .
Auropharma - Bearish Alternate Bat - Sell below 775 Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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This is a correction happening in Auropharma. It will be choppy & confusing as suggested earlier once we get the correction - going above 810 -This stock is getting ready for big moves later if holds strictly above 810 & crosses 840 as well.
Trading Strategy
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Sell Strictly Below 775 - with stops above 780
Once it falls below 770 then kindly trail stops to cost price of 775
Downside Target -
750 / Below 750 for 730
HEG ,multibagger opportunity !!!!HEG keep on radar breaking 880 may lead towards 1200 in short time , Do your analysis before investing.
for follow up and past result can follow on twitter
PVR Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
M&M - Shooting Star - Short Setup After Crossing below 430, Shooting Star candle stick pattern will be confirmed as stock is trading near monthly resistance
Sudarshan Chemicals - Short term TradeSudarshan chemicals - A stock is in uptrend for the last 1 year and now made a important Breakout with good volume. If we go through the chart we could see breakouts in ROC which is a good sign for Breakouts. So we could expect the price of 520 in the span of 1 week to 10 weeks which is 10% from current trading levels. A close below 460 shows weakness in the stock. NSE:SUDARSCHEM
NIFTY:- all that glitters is not gold dont fall for the trapa short position can be initiated with a stop of the 9230 for intraday (and 9330 for swing trade).
8900 first target nd will only square the position only if there is a sign of reversal otherwise will wait for 8700.
USDINR SHORTOANDA:USDINR
PLENTY OF CHART PATTERN IN THE WEEKLY CHART OF USDINR USE IT FOR YOUR STUDY OR REFERENCE.
WHAT I AM INTERESTED IN IS BEARISH HARMONIC PATTERN AT GETTING FORMED AT THE RESISTANCE OF THE MAJOR TREND LINE.
LOOKING AT THIS IT COULD BE A MAJOR FALL AND A VERY STEEP ONE
Havells - Respects Price Polarity Havells is in a precarious position. The stock has managed a short-term bounce recently which now faces resistance from erstwhile supports in the range of (620-640). Sharp price volatility which we noticed yesterday can be a sign of shake off which can now lead further weakness. Trigger for this we will get once the stock breaches the low of 615. From a bullish perspective the stock should attempt to move above the 620-640 resistance zone as soon as possible, or else a failure to do so will lead to further price weakness.
UPDATE BRITANNIAPrice went down even after a gap up today. (as opposed to what was expected)
But the price has respected the previous resistance line and the 20 ema.
In addition, lower lows has formed in chart BUT higher lows has formed in macd - signs of a weaking downtrend.
BUY it if you haven't already
HDFCAMC BULLISHHDFCAMC break a resistance . RSI is also greater than 50 . everthing in showing bullish trend .
Nifty 50 , budget week special :)Nifty now immediate resistance 12272 /12290 above 12290 it may show 12350
HH-HL formations .
Consider budget before trading .
Volatility will be good.
keep your charts simple , adding many things don't give results because you will be bounded
Twiiter - @TheSachinJain
telegram - @tradingbud
Do check our previous results . :)
STBT IN KOTAK MAHINDRA BANK !!(DEC FUT)!!STBT IN KOTAK MAHINDRA BANK
VIEW:
-RESISTANCE
-RSI REVERSAL SPIKE
-GOOD RISK TO REWARD RATIO
CHECK PREVIOUS IDEA
TRADE VIEW
SHORT@1648
STOP@1661
TARGET 1@1635
TARGET 2@1620
LOT:400
QTY:2
TITAN Clear Buy SignalTITAN has breached resistance and expected to touch 1159 to 1175 targets. Previous resistance expected to act as support.
RSI is trading above 70 which shows momentum and bias towards buying strength.
View negated below 1125 on hourly closing basis.
Kindly do your own research before taking trading decision.
GBPUSD extremely volatileThe British pound has recovered above the 1.2000 level against the US dollar after bouncing sharply from the 1.1960 support level. United Kingdom politics is generating extreme volatility in the GBPUSD pair, causing price to whipsaw on the latest Brexit headline. Bulls need to keep price above the 1.2020 level to encourage the notion that a medium-term price floor may now be in place.
The GBPUSD pair is heavily bearish while trading below the 1.2020 level, key support is found at the 1.1980 and 1.1960 levels.
If the GBPUSD pair trades above the 1.2020 level, key resistance is found at the 1.2110 and 1.2155 levels.
TATA STEEL SUPPORT AND RESISTANCETata Steel is in a Down Trend, with upcoming support based at 386 and final support based at 371 on the other hand upper resistances for TATA STEEL are 408 and 427. Tata Steel can again test 396 in the upcoming session, Today gave a call of 350 pe on telegram channel BUY at 3.70 with targets of 4.20 and it went to hit the targets. Check the about section to join telegram channel, These supports and Resistance can prove a turning point for Tata Steel.
BPCL IS BULLISHIT FOLLOWS A DESCENDING CHANNEL FOR MANY WAVES.SO ALREADY IT IS NEAR TO R1 POSITION IF IT BREAKS R1 IT MAY GO UPTO RS360WHICH IS AT THE TOP OF THE CHANNEL.
