Resistanceturnedsupportbreakout
HCLTECH Analysis!NSE:HCLTECH Analysis on a Daily Timeframe!
Entry = Above 1775.35
Stop Loss = Below 1144.10
Target = 1203.45
Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4)Don't trade with full capital
Regression channel breakout Nifty is heading towards the next resistance 18100-18200 range. It has given regression channel breakout with strong relative strength to the weekly time frame and it came with a strong gap-up opening.
Now the price is likely to settle at over 17600.
For the next 1 or 2 days small daily candles may get a form if there is any uncertainty related to price sustenance.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON TATACONSUM.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
TORRENTPOWER (idea update part 2)This is an extension to the analysis posted before.
The stock has already given a 1:3 RR.
The power sector is seeing huge inflows and that is expected to continue.
Torrent power saw extra-ordinary buying volumes with low volume pullbacks.
Time horizon : short term-medium term.
INTELLECT DESIGN A - Potential good long 🔰 MY thought process :
⭐At a very strong support
⭐A parallel channel support
⭐A trendline long term support ( potential stock reversal point )
⭐Low-risk high reward setup
🔰Am I taking this trade now:
Already in it :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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BTST TRADE IN EQUITAS !!(DEC FUT)!!BTST TRADE IN EQUITAS
TRADE VIEW:-
DEC FUT
BUY@111.5
STOP@107
TARGET @115-117
LOT:4000
QTY:2
NIFTY TRADE ACTIVE IN F&0NIFTY LONG TRADE BUILT-UP
SINCE WE HAD DISCUSSED IN THE LAST CHART IDEA
WE ARE BUILDING NIFTY LONG TRADES IN F&O
NIFTY TRADE IN FUTURES
PLEASE NOTE RATES ARE ACCORDING TO SPOT
PLEASE ADJUST FOR FUTURES AS PREMIUM ARE HIGH
BUY@11730-40
STOP@11660
TARGET 1@11845
TARGET 2@11948
ALL TARGETS ARE EXPECTED TO REACH IN THIS WEEK
NIFTY TRADE IN OPTIONS
CONTRACT:-11900 CALL OPTION 28TH NOV
BUY@165
STOP@125
TARGET@225
LOT:75
QTY:10
!!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!!
!!PLEASE DON'T OVER TRADE!!
!!LIVE TO FIGHT ANOTHER DAY!!
!!HAPPY TRADING!!