Adaniports - 50 EMA Breakout and Parallel ChannelsAdaniports gave closing below 50 EMA and is taking support on the parallel channel. Short Positions can be initiated once the support is broken and a target of 200 EMA can be achieved and the key to it would be sustaining below the level of 748.
Please let me know your suggestions as well
Thanks & Regards
Hritik Kaushik
Search in ideas for "EMA"
EKC near EMA supportEKC has corrected a lot from its high of 162.30. The stock is now at 20 Weekly EMA support. It has rallied 3 times from 20 Weekly EMA support. So anyone looking to add this is a reasonably good entry
Note: This is not a buy / sell recommendation but posted for educational purpose
Nifty retesting 50 day EMANifty
- As suggested in previous Nifty analysis, Nifty needs to sustain above 50 day EMA. Currently Nifty is trading at 50 day EMA
- Given the set up, One may consider selling Nifty 25 March expiry 14400 Put option currently around 65
- The risk at current levels is very less
- The strategy provides risk cover for a fall up to 14335, giving ample time and scope to adjust and exit in case if Nifty breaks below 50 day EMA on a closing basis
Do your own risk analysis before you trade...
Take care & safe trading...!!!
NIFTY OUTLOOK "PRICE ACTION"
-FRIDAY WAS A VERY GOOD DAY FOR TRADE
-MARKET DID BREAK SUPPORT AND TEST LEVELS EXPECTED
-BUT THE BOUNCE WAS SHARP FROM THE LOW
-AS WE DISCUSSED EARLIER IN MY ARITCLE A CLOSE BELOW 14450 IS IMPORTANT FOR SUSTAINED DOWNSIDE
-BUT SINCE FTSE REBALANCING WAS EXPECTED MARKET SAW MORE THAN EXPECTED
-NOW IT REMAINS TO BE SEEN WHETHER WE SEE A CLOSE BELOW 14450
-ON THE UPSIDE AGAIN LET SEE IF 14930-14970 IS CAPTURED ON CLOSING BASIS
-I CAPTURED A 490 POINTS MOVE ON THE DOWNSIDE SIMPLY ON THE BASIS OF DEMAND AND SUPPLY
-BOND YIELDS ARE GOING TO BE MENACE FOR THE MARKET
-WHIPSAW CAN BE EXPECTED SO THREAD CAREFULLY
-DOUBLE TOP CHART PATTERN IS IN PLAY
"TRADE VIEW"
-WAIT FOR MARKET TO SUSTAINS ABOVE 14950-14975 TO BUT
-REASON BEING THERE ARE SHORTS IN THE SYSTEM THAT WILL TRIGGER SHORT COVERING
-IF THE MARKET REMAINS SELL ON RALLY THEN MARKET SHOULD NOT SUSTAIN ABOVE 14920-14950
-IT CAN RETEST ITS 20-EMA AND START A FRESH LEG OF SELLING
-REMEMBER I AM A OPTIMISTIC TRADER BUT GREAT MONEY IS MADE WHEN YOU ARE SUPPLYING (SHORT) FEAR TO THE MARKET
"FRIDAY LOW IS CRUICAL FOR ME"
"IF THE LOW IS TAKEN OUT THEN I EXPECT A WATERFALL"
"THEN EXPECTED LEVELS ARE AROUND 13900/13750/13500"
Bharti Airtel - 9 day EMA about to cross the 20 EMAThe 9 day EMA in Bharti Airtel is about to cross the 20 day EMA. If it does tomorrow it would be a good short term call. There could be a hurdle at 459-465 which once it crosses it should give us at least 485.
This is not my recommendation and just an analysis from me. Please consult your advisor before you make any investment.
Prestige Estates - Bullish Engulfing at 21 EMANote: This is for educational purpose only.
There seems to be a bullish engulfing pattern at 21 EMA. 21 EMA above 55 EMA and both sloping upwards signifies uptrend. Bullish engulfing is supported by good rising volume. RSI above 60 indicates bullish momentum too.
Reliance Industries - Bounce on 21 EMANote: This is for educational purpose only. Do not trade in F&O based on this analysis.
21 EMA has acted as a dynamic support previously. There seems to be a bullish bounce from 21 EMA again. Moreover, there seems to be a bullish trendline breakout in RSI as well. RSI above 60 indicates bullish momentum.
Navneet Education - Facing resistance from 25 weeks EMA- Trend - Downtrend (represented by Red bars above)
- Facing resistance from 25 weeks EMA (or 250 days EMA if seen on daily timeframe chart)
- Promoter buying seen in March 2020 quarter.
- ROCE consistently over 25% in the last 10 years. Current Debt:Equity 0.3x
- Making Ascending Triangle Pattern
- Can the National Education Policy 2020 be a Bull trigger for companies in the education sector?
NBCC approaching 200Days EMACMP-26.05
200Days EMA-28.2
after consolidating for around 2 weeks around 23-24 levels finally, it had shown breakout. volume is also good for last two days, MACD turned bullish on daily chart, RSI level(65.6) is also bullish. on the upside, the first major resistance stands at the level of 28.2 which is its 200days EMA(28.2) and also the Fibonacci level(50% retracement,28.45).
downwards side is still limited at 23-24 levels.
Nifty has 200 EMA resistance.In my Picture EMA 200 is in orange colour and Nifty is bouncing at it showing a weakness to cross on daily chart.
Yesterday BNF has cross the 22500 strong resistance and it was very much expected to reach 23000 after crossing the hurdle.
And today it is trending around their. But 23000 resistance is another strong resistance for BNF and 200 EMA is strong resistance for Nifty.
If the rally has to continue they both have to cross it and continue which will be very hard as of now looking at Data points.
But anything can happen in the market. Continue long positions if Nifty and BNF crosses the resistance or be happy to book the profits. Then wait for confirmation of any trend.
Happy Trading :)
Note: Views are only for educational purposes.
NIFTY TRADE SETUP -SGX NIFTY IS SHOWING A GAP UP OF 45 POINTS
-THIS SHOWS A POSSIBLE OPEN ABOVE YESTERDAY HIGH
-BEST PART IS NIFTY HAS BROKEN ITS 200-EMA ON DAILY CHART AND MANAGED TO CLOSE ABOVE 10550
-AND IF THE MARKET SUSTAINS ABOVE THAT WE CAN SEE BIG MOVES ON NIFTY
-A " BUY ON DIPS" RECOMMENDATION
-CRUCIAL SUPPORT AT NOW AT 10550
-MARKET IS LOOKING TO REASON TO RALY EVERYTIME
-KEY THING TO WATCH OUT IS THE FOMRATION OF A NEW TRENDLINE ON 30-MIN CHART
-PREMIUM WAS IN DISCOUNT THE FUTURE INDEX HAS CAUGHT WITH THE SPOT RATE
-THIS SHOWS THE SHORT COVERING YESTERDAY
-NIFTY NEXT TARGETS 10620-10740
-NIFTY INDEX CAN LOOK TO TEST ITS 200-SMA PLACED AT 10890
"BIG MOVES CAN BE EXPECTED"
"HINT IS IF MARKET OPENS ABOVE 200-EMA PLACED AT 10513"
"SUSTAINS FOR A THE FIRST 30-MINS AND CREATES A NEW MORNING HIGH"
"NIFTY THEN IF MANAGES TO CLOSE ABOVE 10540 THEN WE WILL SEE 10740-10810"
"PLEASE NOTE THE ABOVE READING IS BASED ON PRICE ACTION TO BE EXPECTED"
"PLEASE WAIT FOR CONFIRMATION"
"ALL PROVED TO BE RIGHT YESTERDAY"
NIFTY RESISTANCE FOR THE DAY
10620-10700-10740
NIFTY SUPPORT FOR THE DAY
10550-10520-10480
!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!SUGGEST OPTION TRADES TO NAVIGATE VOLATILITY!!
!!HAPPY TRADING!!
READ OLD POST ON INDEX AND SEE HOW WE ARE POSITIONED IN THE INDEX
YELLOW LEVELS ARE CRUCIAL SUPPORT ZONES
YELLOW LEVELS ARE CRUCIAL SUPPORT ZONES