LICHSGFIN | Trendline + 200 EMA breakout - Potential for 15-30%LICHSGFIN | Trendline + 200 EMA breakout - Potential for 15-30%
CMP : 398
SL : 370
Target : 460, 530
1:2 risk reward setup for first target
Search in ideas for "EMA"
BTC facing 20days EMA as resistanceBitcoin is facing resistance from 20days ema, tried several times but failed . First around last of Nov 21 ,then 25-26 dec ,mid jan 22 ,and now start of feb
200 EMA support in Prince Pipes We can see 200 EMA and trendline support in Prince Pipes. A morning star pattern is also observed which means that the Price is taking support and it closed above the opening of the red candle which shows great buying in the stock.
ADANI PORT SPECIAL is on 200 EMA support.Adani port form symmetrical triangle chart pattern. & also on 200 EMA support. Also support on trendline also.
Nifty and 13-26-39 EMAs on 15 min chart.Nifty need to cross 39 EMA on 15 minute chart, on at least one or two 15 min candles closing basis.
The downward momentum is too strong and markets are highly oversold, approx. 6% correction in a week with no significant pull back.
Nifty near 50 day EMA and 38.2% retracement Nifty
Nifty is trading below 20 day EMA.
Nifty is near 2 important levels i.e 38.3% retracement level & 50 day EMA around 17609-17623 odd levels
Plan your trade accordingly
Take care & safe trading....!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Exit is more important than entry! NIFTY at 17750.It is a properly trending market and interesting as an option seller like me has to put so much work into it, not to make money but to protect the capital. That is what option sellers do. Looking at the chart, the Nifty now at a discounted price exactly took support at 17650. It is a major level because 50 EMA is there and a fib line. Let's see how it is going to react to nifty inflation worries and global clue.
Coming to my option, I was kind of proud of that position, till Nifty Broke 17770 (1 PM) . One it being taken out, just wash out my green P & L. 17750 premium spike a lot. In the meantime, I booked my call position and exited with a near 1% loss. You know, like I protect my capital well. On the call side, 18150, 18100, 18050, 17900, one point I sold, 17850, and ended up with a lot of positions this week only because of 17750PE.We have one more expiry for the month. This month was not that great for me. I hope everyone had a great month. Let's get to the last day of the month to end this month with just 1%.
Consolidation around Fib + 200 EMA Route Mobile looking to form a base around levels of its 200 days EMA and Fibonacci 38.2% Retracement level.
Disclaimer: View for Education purpose only not a trading recommendation.
CROMPTON GREAVES - RETEST 1. Price formed rounding bottom pattern and brokeout.
2. Retested the breakout during the market correction period.
3. Took the support at EMA 50.
Entry : 440
Target : 500
SL : 408 (Weekly closing basis)
Nifty: Conquering 20 Day EMA ?Nifty
Given the set up Nifty could be moving towards testing 50 day EMA & further towards 17460 odd levels
17155 / 17070 are important support levels
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
BankNifty might reach 20 EMA by increasing the priceAccording to a famous theory, the price usually comes to the 20 EMA, or the Moving Average comes to the price.
For this week in BankNifty, it looks like it is reacting from a Daily Demand Zone to reach a 75 Minutes Supply Zone, where effectively lies the 20 EMA. So, the price might move up to 35800, but it is not that strong a conviction since the Demand Zone is tested once, and so, I am putting this idea for Neutral.
If you are wondering why there are no gaps on my chart, they are due to a script I recently published. Check it out!
Have a nice day!!!
IOLCP | 200 EMA + Fib Support + Demand zone - Investment PickIOLCP | 200 EMA + Fib Support + Demand zone - Investment Pick
CMP : 444 (Dip : 400)
SL : 375
Target : Open or minimum 1:3
THIRUMALAI CHEMICALS - Retest1. Price formed Big Round Bottom pattern from Jan 2018 to Sep 2021
2. Stock rallied 40% after breakout from big round bottom pattern.
3. Price retraced to breakout zone and trading at support.
4. Also, price took support at EMA 20.
Good Opportunity for Swing trade with long setup - good R:R 2.7
Entry: 246-250
Target: 335
SL: 213 (Weekly Closing Basis)
Bank Nifty- 20EMA, 50EMA and 100EMA- all 3 EMAs breached todayBank Nifty breached 20EMA , 50EMA and 100EMA all three EMAs by a single red candle today.
PCR is down at 0.63 -option writers are wary of fall in bank nifty, so they are betting on the call side.
FIIs sold heavily while DIIs tried to buy to halt the fall unsuccessfully. If this pattern continues this week, we could see continuation of the fall. The levels are marked on the chart on the downside and upside as well.
converging round pattern - near 200 ema supportbuy stock near 200 ema
to gain accuracy with trade as stop loss hunting is minor
NAUKRI Long opportunityNSE:NAUKRI
Hi all!
InfoEdge (Naukri) has been following a channel since March 2020(Covid crash). It's now at the lower channel trendline and this I believe generates a good opportunity to go long!
There are multiple indications that strengthen my conviction:
-> Presence of 200 daily EMA
-> Strong support zone
-> Stock is between 50 -61.8% fib level (golden zone)
Risk-averse traders can enter after the stock breaks trendline 1. Aggressive traders can enter as soon as it touches the 200EMA because the stop loss will be really small.
*NOT A CALL*
HAPPY TRADING!!
HDFCBANK | Reversal from Trendline + 200 EMA support - 15% plusHDFCBANK | Reversal from Trendline + 200 EMA support - Looks potential for 15% plus
CMP : 1525 (Dip : 1480)
SL : 1390
Target : 1730
Almost 1:3 risk reward setup
The advantage with TCS, HDFCBANK, RELIANCE kind of stocks is they move genuinely
Some bad trades are allowed, we won't go broke by holding
Can allocate little above our usual allocation.
These comforts are applicable only for cash market not for F&O 😃
DMART rejecting 50 EMA with hammer candleDMART rejecting 50 EMA with hammer candle. Good for BUY at current levels and hold till it reaches 1:2 profit. Support from trendline
Asian Paint took support at 200 EMA & taken revers frm pull backAsian Paint has taken good support at 200 EMA and reverse back. Also, now it has broken the trend line with good volume.
Great pull back and reverse from the trendline.
Long term
BHEL | One more swing opportunity supported by 200 EMA - 30%BHEL | One more swing opportunity supported by 200 EMA + Trendline Support - Potential for 30%
CMP : 59
SL : 54
Target : 78
1:4+ risk reward setup
We traded this stock few times, it is favorite stock for some of our friends :)
Banknifty at 200 EMABanknifty just touched 200 EMA and bounced back.......................................................................................................
Wipro Short Till 200 Ema
"NSE:WIPRO"]NSE:WIPRO
A bounce till 650 is expected after that Short till 200 Ema of Daily Time Frame
TCS | Trendline + 200 EMA support + Gap filling opportunity -15%TCS | Trendline + 200 EMA support + Gap filling opportunity - Potential for 15%
CMP : 3445
SL : 3280
Target : 3970
1:3 risk reward setup
