Get started

Search in ideas for "MANA"

BEARISH INVERTED FLAG PATTERN BREAKDOWN IN PVT BANKS SUMMARY:- *major reason why banking sector is looking weak *one of the most reliable pattern has formed in nifty private bank index *the inverted bearish flag pattern and breakdown is visible and confirmed *the pattern suggest another 5000 to 7000 points of downfall is expected *I am not expecting banknifty to fall below 30000-32000 *all things are setting up on the weaker side for financials -rising crude oil and gas prices -rising in inflation and to prevent further rise interest rate measures(raising) -rise in dollar index and usd/inr *this will further impact financials negatively *it may be a good setup for the budget a correction was needed VIEW (INDEX IS NOT TRADED BUT HEAVY WEIGHTAGE IN BANKNIFTY) SHORT@18100-18150 STOP@18550 TARGET@17850-17500-17300 (IT IS NOT A TRADED INDEX THE ABOVE MENTIONED TRADE IS ONLY FOR REF) NOTE *once in profit and first target is achieved *trail your trade to short price so it becomes no profit no loss trade *do not overtrade *for more index and stock updates check the link in the signature box below 👇👇👇👇👇👇👇👇👇
NSE:NIFTYPVTBANKShort
by manavtechresearch
1
NIFTY INDEX UPDATE*heavy selling pressure in nifty near 17350-17360 in futures *market will remain in selling pressure below 17400-17430 (no trade zone) *after usa market accenture result IT SECTOR can provide stability *but i will not be in shock that the initial hour rally will be sold into *rising usd/inr good for IT sector(over valued)/bad for financials *ecb raising interest will have negative impact on markets(financials) *you saw what happened in usa market one day positive rally got sold into *develop markets will attract institutional money in fix interest instruments *Fii selling pressure may continue you may see one odd day of buying but selling will continue *Rising inflation is a worry all over developed nations *Rising covid cases all over the world is good for stock markets OVERALL OBSERVATION *MARKETS CAN TAKE A BREATHER AND SUCH IN THE BAD NEWS *CORRECTION IN INDIAN MARKETS TILL 16000-16300 CANNOT BE RULED OUT *IT TAKES A LOT TO TURN ME INTO A BEARISH TRADER(MY PERSONAL VIEW) *THIS VIEW OF 16000-16300 WILL BE OVER ONLY IF NIFTY CLOSES ABOVE 17630(WEEKLY BASIS) *THIS IS MY PERSONAL VIEW NOT RECOMMENDATION NIFTY TRADE POSITIONAL SHORT@17230(BELOW) STOP@17370 TARGET@17070-16980-16850 *initial view if index breaks below 16850 and closes below it *then target will be raised further down towards 16300-16500 NOTE *once in profit and first target is achieved *trail your trade to short price so it becomes no profit no loss trade *do not overtrade *for more index and stock updates check the link in the signature box below *shorts are active already check out the link 👇👇👇👇👇👇👇👇👇
NSE:NIFTYShort
by manavtechresearch
1
DLF BREAKING DEMAND ZONE AGAIN SUMMARY:- *stock has broken the demand zone of (393-390) *stock is good shorting opportunity *last time when i gave this trade it made a move towards 360 *this time we have a rising trendline which is bullish *so the trade will be till the trendline *a fresh short trade will occur again if trendline is broken DLF FUT SHORT@390 STOP@400 TARGET@382-375-370 (WAIT FOR THE PRICE TO BREAK THE TRENDLINE FOR FRESH SHORT AGAIN) NOTE *once in profit and first target is achieved *trail your trade to short price so it becomes no profit no loss trade *do not overtrade *for more index and stock updates check the link in the signature box below *shorts are active already check out the link 👇👇👇👇👇👇👇👇👇
NSE:DLFShort
by manavtechresearch
SRTRANSFIN BELOW 200-EMA AND SUSTAINING SUMMARY *stock broke below its head and shoulder pattern neckline *below the neckline we had 200-ema *price has started sustaining below 200-ema *financial expected to remain weak SRTRANSFIN SPOT INTRADAY SHORT@1350(BELOW) STOP@1370 TARGET@1320-1300-1280 NOTE* *one can trade in future with adjustments *once in profit and first target is achieved *trail your trade to short price so it becomes no profit no loss trade *do not overtrade *for more index and stock updates check the link in the signature box below 👇👇👇👇👇👇👇👇👇
SShort
by manavtechresearch
CHANNEL BREAK IN BHARTISUMMARY *stock has broken in the channel *initial view is a slide upto 677-673 *trail stop as it slides further *fall to 650-660 cannot be ruled out BHARTI FUT SHORT@690 STOP@705 TARGET@677-665-655 note *trail stop to entry price when first target hits *its volatile and news driven stock *stay alert *trade safe *do not overtrade *for more index and stock updates check the link in the signature box below *already active shorts in bharti 👇👇👇👇👇👇👇👇👇
NSE:BHARTIARTL1!Short
by manavtechresearch
BAJAJFINSV DOUBLE TOP BREAKDOWN POSSILBE SUMMARY* *financials are looking weak *both twins have shown a breakaway gap formation *double top formation or the the "M" formation is clearly visible in a bearish channel *wait for a breach below 16600-590 (spot) demand zone *one can then take action BAJAJFINSV FUT SHORT@16590 STOP@16860 TARGET@16350-16000-16750 note *trail stop to entry price when first target hits *its volatile and news driven stock *stay alert *trade safe *do not overtrade *for more index and stock updates check the link in the signature box below *already active shorts in bajfinsv in channel 👇👇👇👇👇👇👇👇👇
NSE:BAJAJFINSVShort
by manavtechresearch
1
NIFTY CROSSING SUPPLY ZONE NEXT MOVE TOWARDS SUMMARY *index constantly saw rejection in the zone of 17590-17620 in nifty *from there we have seen lows of 17000/16830/16780 on downside *we are re-tracing from there towards the breakdown levels *after weakening supply zones and less expected institutional activity from next week *market will try to take out the supply zone *now we have a falling trendline and head and shoulders neckline (rising) as resistance for upside *since we will take out 20-day moving average and start to trade above it we will see short-covering from call writers NIFTY LEVELS TO WATCH OUT FOR RESISTANCE LEVEL EXPECTED 17750-17830-17902 SUPPORT LEVEL EXPECTED(resistance turned support) 17570-17600-17620 NOTE:- *markets are volatile *trade safe *do not overtrade *for more index and stock updates check the link in the signature box below 👇👇👇👇👇👇👇👇👇
NSE:NIFTYLong
by manavtechresearch
INDUSIND BANK LOOKING FURTHER DOWN SUMMARY:- *stock has broken weekly and daily support *crucial weekly trading zone entered *zone exist from 950-790 *shorting indusind bank with a small stop *good risk reward ratio *you can built-on or add more lots below certain levels *below 880 840-820 levels are expected *close below 820 will all us to test 800-790 INDUSIND BANK FUT TRADE SHORT@893 STOP@913 TARGET@873-853-823 PLEASE NOTE:- *trade according to risk appetite *check the links for further update in the signature box below *happy trading
NSE:INDUSINDBKShort
by manavtechresearch