Nifty is following the sentiment changes where the mood has shifted to profit booking and correction. But I would like to repeat again that over bought markets tend to go higher. Few days back where even a monkey with a demat account was long on the index, today most of them have take SL or shifted to the short side. That gives bulls a chance to initiate a short...
18300 closing is bullish as there is possibility of short covering rally of 200 points
Super simple strategy : 3Nov 17200 pe long at 10 to 12 and short Short 17400 Pe at 20 ...Qty 1 lot
Every day shifting of short pe by booking profit of 10 pts whenever if falls to 10 or 15. after booking again creating short position whenever, there is 20 option strike price....
As per my view we are getting ready for a rally in BTC.
Good News for Bitcoin Bulls
Bitcoin related stocks have been slowly grinding higher over the past few weeks.
This action has shifted the charts of many of these stocks from bearish to bullish.
And, that’s good news for bitcoin bulls. Because, if the stocks do indeed discount the future price of bitcoin,...
5 days of continuous fall, one day rise and today a Doji candle- meaning indecision! So to Nifty we ask- which way bro? Let us find out.
Let us look at FII and DII ( Net buy/sell) figures for past 6 days (+ bought & - sold):
15 March: FIIs: -1101 Crs DIIs: -749 Crs Nifty 14929 (-101)
16 March: FIIs: +1692 Crs DIIs: -1169 Crs Nifty 14910 (-19)
17 March: FIIs:...
More bad news came After market closed on Monday. IIP for September shirnks to 4.3 % ( Read -4.3%), which is lowest in 8 years. Manufacturing, electricity, mining all fell. Manufacturing, which accounts for 78% of index contracted by 3.9% (read -3.9%). SIAM data released showed 0.28% improvement in passenger vehicles sales (due to Diwali discounts offered), slight...
Moving in a nice rising channel. Pullback towards 510-507 should be bought with a SL below 500. Crossing 516-517 with gud volumes and sustaining above that zone should take it towards 530-535 in a week or two. OI (PE) shifting from 490 to 520/530 Puts. On the other hand, OI(CE) shifting from 520 to 550/560.
Whales Moving Ethereum Off The Exchanges: A Bullish Wave On The Horizon?
The top 100 Wallets on exchanges have slumped to a 2018 low value of 8.41 Million ETH while the top 100 non exchange wallets have jumped to record high of 68.39 Million ETH.
Ethereum price made a bounce back after falling below the $3400 level and 50 day EMA.
The broader crypto markets...
Dogeusdt Price Analysis: Descending Channel Pattern Suggests Potential Breakout
Dogeusdt shows signs of trend reversal with a potential 100% rally if resistance is breached
Dogeusdt Price Analysis: Long-Term Consolidation and Bearish Rejection at Resistance Level
Dogeusdt, the popular cryptocurrency, has been consolidating within a relatively tight range...
In my analysis of the Nifty index on the 15-minute time frame, I'm focusing on a potential breakout entry and employing price action to determine optimal exit points, all while incorporating a trailing stop loss. The trade carries significant conviction due to a robust breakout from a strong supply zone, further reinforced by the presence of a parallel...
Sell Opportunity:
Gold (XAU/USD) currently presents a lucrative sell opportunity at $2360.00, with compelling potential for profit targeting.
Targets:
Primary Target: $2347.00
Secondary Target: $2300.00
Breakout Scenario:
Should Gold surpass the $2375.00 threshold, indicating a bullish breakout, the target price is forecasted to reach $2400.00.
Technical...
"📉 #FET/USDT signals bearish divergence, facing rejection at $2.50 resistance. Opportunity knocks as accumulation phase emerges between $2.20 to $2.00. Keep a close eye on potential market shifts. #crypto #trading"
"📉 #LINK/USDT faces rejection at $15.10 horizontal resistance, seeking support in the $13-$12 range. Bulls on alert as Chainlink navigates critical levels. Stay tuned for potential market shifts. #crypto #trading"
Based on the stock description, I recommend a buy order for this stock at or above ₹161. To manage risk, it is advisable to set a stop-loss order below the trendline, specifically at ₹150. This level is considered a strong support, having held for 13 years since 2011. This strategic approach aims to capitalize on potential upward movements while safeguarding...
1. Graceful strenght : Elephants, despite their immense size, can move with surprising agility and grace. This could symbolize ITC's ability to navigate market fluctuations with steady growth and resilience. Even during downward trends, the company might maintain a strong foundation and retain investor confidence.
2. Unpredictable Turns : Just like an...
Introduction:
In the dynamic world of stock trading, opportunities often present themselves in unique and exciting ways. One such prospect currently capturing the attention of investors is Credit Access Gramin, a company that has been riding the waves of strong momentum and is now trading near its all-time high. In today's analysis, we'll explore the factors...
Crude oil inventory data was released on Aug 8th, with expected storage of 0.567M barrels.
Actual storage reported was 5.951M barrels, indicating an oversupply compared to expectations.
The disparity between expected and actual storage suggests potential market shifts.
Supply and Demand Impact:
The surplus in crude oil supply suggests weaker demand or...
