Itc Giving opportunity which comes one in many years, how?... let's do analysis _
1. EMA 20/50 crossover on monthly, simple but very effective way to enter in any stock for long term basis, last time it gave crossover when itc was at 15 rs(2003) , n gave exit (reverse crossover ) at 255rs(2020), now again on monthly it gave crossover, a perfect point to enter for...
Nifty 50 Index is all set to give big Breakdown tomorrow and complete the Big impulse. Support Zone of Put writers on strike price 16200 and 16100 was broken convincingly today. There is visibility of Put writers running for shelter seen at end of trading Day and OI shading of Put writers clearly visible. Call Writers have shifted their base from 16300 strike to...
NIFTY Intraday Trade Setup For 25 May 2022
Buy-Above 16265
Sl-16210
T-16350 16400
Sell-Below 16100
Sl-16160
T-15970 15850
NIFTY has closed 0.5% down today. Last day we planned to sell below 16200. It gave a move till our 1st target 16100-20. After that index was sideways with dirty swings to manage premiums both in Options and in Futures. This is likely to...
I have bullish view on Nifty this week.
Nifty failed to close above on daily basis.16300 in last few weeks.
I think Nifty range is shifting above and there will be short covering move upside and Nifty may expire above 16300.
Support is on 16000.
BANKNIFTY Intraday Trade Setup For 13 May 2022
Sell_1- From 34000
Sl-34100
T-33800 33500
Sell-Below 33290
Sl- 33400
T- 33000 32700
BANKNIFTY has closed with more than 1100 points cut. It opened opened with a very big gap down. PDL was broken in the 1st 5 Min. 10 o'clock range shifted below 33800 and gave a massive downside move till 33300. No reversal was...
With the new expansion inaugurated today worth 350cr this company could see new tailwinds. They are in a green industry too.
The stock has bounced from the golden fibo ratio and could start a new move upwards.
I will be allocating 50% above 696 and then again above 720. After first entry SL will be below 660. Post 2nd entry SL can be shifted to 690.
BANKNIFTY Intraday Trade Setup For 6 May 2022
Buy-None
Sell-Below 35100
Sl-35250
T- 35000 34800 34600
BANKNIFTY has made an inside candle in daily TF. We planned to sell from 35750 on last day. It gave very good quick profit of 200 points. Then 10 o'clock range shifted above 35770 and gave another 150 points move in upside. Two consecutive shooting star formed...
A stock which could be looking at some secular trend changes where OIl marketing companies could use its product along with metal gas cylinders..Esp with the escalated prices of metals.
The stock had broken out and now has completed its retest..look for a rebound on Monday to take a long position in the same.
Long above 99 with a SL below 94.50.
Plan B could...
BANKNIFTY Intraday Trade Setup For 20 Apr 2022
Buy- None
Sell-Below 35920
Sl-36020
T-36600 36500
BANKNIFTY has closed below 50 EMA in daily TF. After the range shifted below 37250.Index has been crashing like anything. Yesterday we planned to buy above 36970 on a 15 Min candle close. It gave more than 100 points gain. Then in the 2nd half our sell level got...
#BTC broken the consolidating range to the downside and again made a down impulsive move lower after the retest. Price is about to reach the major support level around $42,000 and also we're mentioning from previous post that price is breaish unless it shifts the momentum from any major support level.
BANKNIFTY Intraday Trade Setup For 11 Apr 2022
Buy-Above 38000
Sl-37850
T-38200 38300 38600
Sell-Below 37340
Sl-37450
T-37150 37000 36800
BANKNIFTY has closed 0.5% up on Friday. Its been 3 days and BANKNIFTY continues to trade between the range of 38000 and 37300. Last week was a profit booking week with a consolidation.
The weekly candle is a trend pause cum...
World markets- DJIA, NASDAQ and the three major European indices closed in green on Friday despite Russia Ukraine war going on which does indicate some positivity for world markets.
FIIs have shifted gears and are buying and then by default DII need to sell, so Friday's Cash figures were- FIIs net BOUGHT= Rs.1910 Crs and DII net SOLD=184 Crs. In futures, FIIs sold...
Read the chart from left to right for a clear understanding.
Stock: Allcargo
Trade type – Swing
Buy level: 348.10 (above breakout candle)
SL: 318.75 (below the breakout candle)
Target: 398
Risk/Reward ratio: 1.7
The setup uses price action and two indicators – RSI & MACD for confirmation of the signal.
Chart formed a Gap on 02nd November. Gaps are formed due to...
NIFTY Intraday Trade Setup For 29 Mar 2022
Buy-Above 17240
Sl-17200
T-17300 17400
Sell-Below 17130
Sl-17170
T-17065 17000
NIFTY is still in the range of 17450 and 17000. Range has not been shifted either side. We planned to sell below 17070. Our 1st target was 17000 , range low. It was a good trade. Then a double bottom was formed at 17000 and above the...
Short term correction can be expected up till 42.5K but the medium term trend seems to be shifting to the upside, 45K being the major area of resistance.
A break of 45k can push the price to the early 50k region. BINANCE:BTCUSDT
CHART Dark cloud cover; gap up opening with bearish move and closing in RED; 61.8% retracement strong in both indices
OC. 1700-17800; 36000-37000; huge unwinding in 17000 and shifting if base to 16800
PCR. bearish
FII. 481
DII. -294
FnO Data short build up
RSI. 55; 51
ADX. 20; 20
Conviction neutral; expect range bound action
Bias. ...
CHART Huge green candle in both indice; nifty finding resistance at 61.8% retracement; banknifty having huge long wick
OC. 1700-17800; 35500-37000; massive OI addition at 17000 put
PCR. bullish
FII. 384
DII. -602
FnO Data long build up
RSI. 57; 52
ADX. 21; 21
Conviction bullish
Bias. bullish
Int. Markets green
TRADE Sell 17000 PE and 36000...
jubilant FoodWorks corrected much after CEO resignation take your position cautiously
in chart sellers are in more dabangg action than a buyer will stay 2500 level 1-2 day but need good news to fire all cylinders. so half-half buying formula is better for future safer return
