Search in ideas for "SUPPORTANDRESISTANCE"
Mighty Nifty - Analysis for Feb 13Buy above 17900 with the stop loss of 17870 for the targets 17930, 17960 and 18000. Sell bellow 17830 with the stop loss of 17860 for the targets 17800, 17760 and 17720. How many trades you take per day? It decides how impulsive you are becoming during market hours.
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 target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
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 target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
LICNSE:LICI
Buy Above 607
Targets 640/660
Stop Loss 588
The Stock has seen a sharp selloffwith the Adani news. The Stock has taken support around its previous swing lows. We may see a bounce back if the Adani news settles..
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Mighty Nifty - Weekly Review Feb 13 - Feb 17Last week we had a choppy move in nifty. Still 17900 remains as resistance. If price holds 17900, we have 18000 as near by resistance. So traders have to trade carefully. Buy above 17960 with the stop loss of 17900 for the targets 18020, 18100, 18180, 18240 and 18300. Sell below 17820 with the stop loss of 17880 for the targets 17760, 17700, 17640 and 17580. Did you over trade last week?
Mighty Nifty - Weekly Review Jan 30 - Feb 3We had seen a very good trending movement last week. Price is taking support at 17500 zone. Buy above 17540 with the stop loss of 17500 for the targets 17590, 17640, 17720, 17800, 17860 and 17980. Sell below 17460 with the stop loss of 17500 for the targets 17420, 17360, 17300, 17240 and 17160. Trade with caution as price will be volatile during budget week.
GOOGL on crucial levelGoogle is trading near crucial support of 85. It is crucial because of the history of the chart. Price bounced and rebounded more than 8 times from the same level on. It is also trading at a lowest price to earning ratio of 17.5 with a net margin of 20%.
In summary, price says fundamentals have more room to correct. Fundamentals say the worst is almost over. So it is a good time to deeply study the company and chart.
All figures are just rough estimates.