Bank Nifty - Analysis for Dec 6Buy above 43320, stop 43260, targets 43400, 43520 and 43600. Sell below 43200, stop 43260, targets 43140, 43040, 42980, 42900 and 42780.
Search in ideas for "SUPPORTANDRESISTANCE"
Mighty Nifty - Analysis for Dec 6Yesterday price was unable to break the resistance at 18700 - 18720. So this level will be an important zone to decide the trend direction. Buy above 18740 with the stop loss of 18710 for the targets 18770, 18800 and 18840. Trading execution is a skill which can be developed. Sell below 18680 with the stop loss of 18710 for the targets 18650 and 16620.
Equitas getting ready for upmoveEquitas Bank forming higher highs recently.
If the 59 levels are broken, there could be a good further upmove in this script.
Do let me know your thoughts.
Learn and earn
LAURUS LABS : NOSE DIVELAURUS LABS : NOSE DIVE
There is 1.5 YEARS OLD BREAKDOWN with massive volumes
Sell below 405
Targets: 385/365/346
SL: For Intraday Keep trailing SL for max gains. Positional Keep below 435
Disclaimer: Im not SEBI registered, Contact financial advisor before any investment.
IRB: READY TO SHOOTIRB: READY TO SHOOT
There is breakout with volumes
Buy above 282
Targets: 285/293/300
SL: For Intraday Keep trailing SL for max gains. Positional Keep below 270
Disclaimer: Im not SEBI registered, Contact financial advisor before any investment.
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking profit for 1% - 2%
For long-term trades look out for resistance drawn above closing
#GRINDWELLStock has given breakout and retesting at support.. Doji at support.. SL 1900.. CMP 1962.. Target 2100/2300
BAJAJ FINSERV - Trading in RangeBajaj Finserv is trading inside a range for few months
BO on both sides will give good moves
Chart is self explanatory. Please follow proper risk management
Nifty strategy for 18 NovemberFor Education purpose only,
Today the market is most of the time sideways forming a range but has given a breakdown at the last half an hour (due to fall in dow futures). Tomorrow the market can continue this bearish trend because it is in retracement phase in daily TF.
Market Opening near 18300-20 level;
1. If dow futures are negative & fallling AND there is higher call writing in the zones of 18300 & 18250 then the levels of 18269 & 18220 can be tested.
2. If dow futures are positive and rising AND there is higher put writing in the zones of 18350 & 18400 then the levels of 18366 & 18416 can be tested.
Breakdown of 18318 level;
If dow futures are negative & fallling AND there is higher call writing in the zones of 18300 & 18250 then the levels of 18269 & 18220 can be tested.
Breakout of 18416 level;
If dow futures are positive and rising AND there is higher put writing in the zones of 18450 & 18500 then the levels of 18460 & 18512 can be tested.
Nifty strategy for 17 NovemberFor Educational purpose only,
Today the market has made a high of 18436 and a low of 18357. In daily TF, market has formed a spinning top pattern (on top of uptrend) and a M pattern in 15 min TF, this can be a sign of reversal.
Market opening near 18390;
1. If dow futures are -ve & falling and there is higher call writing in the zones of 18400 & 18350 then the levels of 18357 & 18318 can be tested.
2. If dow futures are +ve & rising and there is higher put writng in the zones of 18400 & 18450 then the levels of 18436 & 18476 can be tested.
Breakout of 18436 level;
If dow futures are +ve & rising and there is higher put writng in the zones of 18450 & 18500 then the levels of 18476 & 18516 can be tested.
Breakdown of 18357 level;
If dow futures are -ve & falling and there is higher call writing in the zones of 18350 & 18300 then the levels of 18318 & 18278 can be tested.
Bank Nifty - Analysis for Nov 16Where to buy and what levels we can book profit? These things are discussed in this video. Daily I post analysis for indexes. Price is making all time high, market will be volatile, trade carefully.
Axis bankPrice was in a range and now it is giving break out. Buy above 860 with the stop loss of 855 for the targets 865.870 and 876. Any one who trade with strategy and manage risk can become a profitable trader. As the price action looks choppy, check whether you placed stop order properly.
Bank Nifty - Analysis for Nov 15Bulls are still holding the price above 42000. Buy above 42040 with the stop loss of 41980 for the targets 42120, 42200, 42320, and 42460. Any one who trade with discipline, strategy and manage risk can make money. Sell below 41900 with the stop loss of 41960. Targets are 41820, 41700, 4620 and 41540.
Mighty Nifty - Analysis for Nov 15Price has faced trend line resistance and fall down yesterday. Buy above 18320 with the stop loss of 18280 for the targets 18360, 18400 and 18440. Bulls have strength as long as price sustains 18300 zone. Sell below 18280 with the stop loss of 18320. Targets are 18240, 18200. I post index analysis daily.
NiftyPrevious Resistance zone acting as support around 18100 levels. Continue to Hold your Long Positions with 18100 as Stop Loss.
ZYDUS LIFEBuy Zydus Life around 450 for Short Term Target of 510. SL 430. The stock has crossed its Resistance zone.
Great setup in Aegis LogisticsGreat setup in Aegis Logistics
Buy above 329
Target of 336/340
SL as per risk management
Disclaimer: I m not SEBI Registered. Contact your financial advisor before investment.
Ideas shared here are fro educational purpose.
Great Setup in Alarko carrierGreat Setup in Alarko carrier.
Buy above 557, immediate target of 567.
Day closing above 567 will make it rocket for short term.
It may show some retracement but fall below 550 should be SL.
Keep SL as per your risk management
Disclaimer: Im not Sebi Registered. Trades shared here are for educationla purpose. Contact your financial advisor before taking any trade.
Ideas shared here are for educational purpose.
[POSITIONAL] PEL LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
