#Banknifty Trade Setup For Monday (22nd March)Banknifty is in the retracement zone.
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Two conditions is possible in this situation.
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First it can retracement till .5 level then it will reverse.
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Second Banknifty Can give the Gapup Opening on Monday and then it will goes on dip.
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We buy on dip CE After 34420 at Safe side, 34410 is a support level
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You can give your suggestions in comment box
Retracement
#Nifty Trade Setup for Wednesday (09th March)Nifty can give gapup opening on tomorrow.
Or Nifty can retrace inthe the morning.
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If the Nifty retrace in the we will buy CE on dip.
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If the Nifty give us Gapup opening then we buy PE .
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Note: But be cautious for tomorrow, tomorrow is weekly expiry.
Bcs on the event of Mahashivratri Thursday Market will be close.
Retracement probability on MOTHER SUMI..In past 6 working days MOTHERSUMI almost gained 30%. Now expect a good retracement.
If MOTHERSUMI giving a gap up opening tomorrow, can expect a high volume of profit booking and obviously scalpers will also comes to market for shorting. That's why am expecting a high retracement !!!!
Marico | Resistance Breakout & Retest The same level 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕
--Buy above =402.10 or CMP
--Target = 499.30
--Stop-loss = 379
--Lot Size = 2000
--R:R = 4.3
--Expected Profit = 1,94,000₹ per lot (24 % )
--Expected Holding = 2-3 months only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Stock broke the strong resistance
2) retracement is also done
3) Target is based on fib. trend
4) volume is also more than enough in breakout
5) No chance of fake Breakout .as it a weekly chart
6) rejection at support level i.e high wicks ..bullish candlestick pattern after retracement
Guys check out the related ideas as well, it will work really well GUARANTEED !
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KOTAKBANK | Trendline breakdown 🎯⭕ Trading opportunity ! Chart Alert !!! ⭕
--Sell Below =1928 or CMP
--Target = 1808 | 1726
--Stop-loss = 1975
--Lot Size = 400
--R:R = 4.34
--Expected Profit = 80 k + ₹ per lot (10.49 % )
--Expected Holding = 1 months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Trendline breakdown with volume
2) 50 ema is also broken
3) reistance breakdown with volume
4) RSI divergence is a another confirmation
Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
Maruti : AnalysisMaruti has been retracing from its harmonic levels of 1.13 if sustained above these levels there might be an up move again.
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The best and safest level to buy is above 8200.00. SL must be below the previous immediate swing that is below 7240.0 levels.
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Calculate your RR ratio and trade.
PS: I am expecting a halt at these levles.
Mindtree AnalysisThe stock is currently at its peak and will start retracing now.
It should retrace till about 1530.
Thus two trades exist.
Short Trade
Sell @ 1660
Target - 1530
SL - 1705
Long Trade (Wait till retracement)
But @ 1530
SL - 1490
Target - 1820
TCS, BUY opportunity @ 2920Reasons to LOOK for Buy:
1) Clearly in an uptrend.
2) In the pullback phase to hit the previous support zone.
3) Support zone contains 50% retracement line.
4) Price may also hit 20MA in the zone (thus considering 20MA as support)
Look for buying opportunity in lower timeframe
SL @2882 as per Risk.
Position sizing as per Risk.
TP @2980
Tata motors | Trend line support | Breakout & Retracement 25%+🎯⭕ Positional Trading opportunity ! Daily Chart Alert !!! ⭕
--Buy above =159.10 or CMP
--Target = 199.55
--Stop-loss = 143.75
--Lot Size =5700
--R:R = 2.64
--Expected Profit = 2,28,000 ₹ per lot (25 % )
--Expected Holding = 2-3 day only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Trendline support
2) Resistance breakout & retracement is done ...perfect time to buy
3) doji formation at support with high volume
4) Target is based on the nearest resistance
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !