Shifting of trend , exhaust may give pullback upto resistance 1
Buy for a Tgt Of 2840 SL 2605 on close.
NSE:AXISBANK Axis bank 1 hour chart is forming higher highs and higher low but now after formation of 2 highs at a same level at 990 the price has tried to break the level 3rd time and it has formed a lower high so now one condition is fulfilled and we need a 2nd condition which is form a lower low and that will be created after the price breaks below 953...
Shift in Darvas Box and then an ascending triangle formation. Bullish
Shift in the movement with increase in the volume by 3 times and double in the delivery % from the last 2 days. Above resistance could be a good buy for quick 10-20%. Buy Above 181 SL 171 Target 199, 219
Shift in OI data as well demand for put contracts. The up move made in the first half of the day needs to be averaged and toned down now. Though we are still in a slight uptrend so don't hold for long. Keep small targets and book profit quickly.
EXODUS... Watch the thin red line... JUST a view seek professional advice..
Shift to Reliance Long
shift in trend line, target 80 long term target open above 150
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c....
NIFTY Projection Case Study: Probability #2 Target Levels & Tentative Timings are marked in chart In order to navigate the current market uncertainties effectively, it is crucial to grasp the specific stage of the market melt-up. Recognizing whether the market is in the early uptrend, an acceleration phase, or exhibiting signs of overbought conditions...
NIFTY Projection Case Study: Probability #1 Target Levels & Tentative Timings are marked in chart In order to navigate the current market uncertainties effectively, it is crucial to grasp the specific stage of the market melt-up. Recognizing whether the market is in the early uptrend, an acceleration phase, or exhibiting signs of overbought conditions...
#TANLA Observing a Trend Shift: TANLA is currently undergoing a notable trend shift. The highest trading volumes, observed on December 13th, indicate a significant market interest. Within the base, multiple signs of accumulation are visible. Buy-and-Hold Strategy: I plan to adopt a buy-and-hold setup once triggered, unless it violates any predefined selling...
NIFTY Intraday Trade Setup For 17 Feb 2022 Buy-Above 17500 Sl-17450 T-17585 17650 Sell-Below 17250 Sl-17300 T-17150 17100 As we discussed yesterday that Index may trade sideways. This was expected after a big move. However today's trading range will be very helpful for tomorrow's expiry. Index has made a range of 230 points. Trade setup is very simple , the...
In the volatile world of commodity trading, gold stands out as a prized asset with its unique dynamics and responsiveness to market shifts. Trading gold reversals requires a keen eye for patterns and a strategic approach. This article explores a potent strategy: identifying breakdowns of previous lower lows and leveraging substantial volume to initiate trades on...
In the dynamic world of trading, the Bank Nifty (BN) showcased an intriguing scenario today, leaving traders on the edge of their seats. After a sharp initial fall, the index staged an impressive recovery, ultimately reaching new heights by the day's end. Let's delve into the details of this captivating journey and explore the potential trading opportunities it...
The chart is self explanatory...I have used log chart and the currency is changed to USD that's why the chart of NIFTY 50 is looking way different than the usual ARITHMETIC chart that we see in RUPEE index...There are various reasons why I have changed these 2 parametres which i will be covering in my next post... Charts are not the only reason why I am bullish...
My fav fintech company fresh buy above 820 however holding from much lower levels In FY27, #PolicyBazar aims to achieve an impressive milestone of INR 10 billion or more in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excluding ESOP (Employee Stock Ownership Plan) expenses. 📊 This ambitious goal is expected to be driven by a core...