Resistance breakout btst Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Search in ideas for "SUPPORTANDRESISTANCE"
Nifty analysis - Be cautious on upper sideNifty has touched the resistance in the weekly timeframe. There may be two possibilities can happen
1. Consolidate some time in the current range and get breakout
2. Reverse back to support and come again to resistance and breakout may happen
I am guessing option 2 may happen. Why because, There was a non stop rally of nifty from the last 2 and half months.
So be cautious on long side trading.
Disclaimer: Sharing only for educational purpose
Resistance breakout btstPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers
Mighty Nifty - June 8Buy above 18720 with the stop loss of 18680 for the targets 18760, 18800 and 18840. Sell below 18640 with the stop loss of 18680 for the targets 18600, 18560 and 18520. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. Expected expiry day range is 18560 to 18840.
Rainbow: Showing good setup for upward movementRainbow: Showing good setup for upward movement
Strong Horizontal resistance breakout
Perfect Retracement and Reversal
Enter above 901, T1 = 925 & T2 = 945
SL 877
Time Frame 2-3 wks
Note: Im not SEBI Registered. Contact you financial advisor before taking any trades.
Ideas shared here are for educational purpose.
Cyient Ltd: Rounding bottom. Cyient Ltd: Rounding bottom.
Good for short term.
Buy Above 1319.5
Targets 1350/75/1400/1425
SL: 1250
Can give 500-600 points in years time. Depending on Market can trail SL and gain max
Note : Im not SEBI registered. Do contact your financial advisor before taking trades.
Mighty Nifty - May 31We had a narrow range movement today. Buy above 18660 with the stop loss of 18620 for the targets 18700 and 18740. Sell below 18580 with the stop loss of 18620 for the targets 18550 and18520. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Bank Nifty - May 29We had a nice rally on friday. Buy above 44080 with the stop loss of 44000 for the targets 44140, 44220, 44360 and 44480. Sell below 43860 with the stop loss of 43940 for the targets 43780, 43700 and 43620. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.