BANKNIFTY Intraday Trade Setup For 17 Dec 2021 Buy-Above 37200 Sl-37000 T-37400 37600 Sell-Below 36380 Sl-36480 T-36200 36060 As discussed yesterday that the best trade would be to short below yesterday's low. We also discussed that the range shift will give 350 points move either side. And it has given almost 350 points after the range broke downside. Coming...
BANKNIFTY Intraday Trade Setup For 16 Dec 2021 Buy-Above 37100 Sl-37000 T-37270 37400 37600 Sell-Below 36700 Sl-36800 T-36500 36240 36060 BANKNIFTY has once again traded in a complete range. BANKNIFTY tried twice to break 37000 but could not sustain. Tomorrow this range will be used to setup our trade for the expiry day. This range shift will give us 300...
BANKNIFTY Intraday Trade Setup For 14 Dec 2021 Buy-None Sell-Below 36800 Sl-36900 T-36570 36345 36060 BANKNIFTY has given dot reversal from our PRZ area. We discussed that index will face stiff resistance near 37600 levels as per our hourly XABCD pattern. Index has given a sharp fall from 37581 level. BANKNIFTY has once again is back to the previous range....
On verge of Bullish flag and pole formation after sideways movement from 2 months, MACD also signaling a shift in momentum.
Key Highlights: 1. Bull flag formation 2. Rebounded from 200 EMA. 3. Good volume expansion. 4. Shift in market structure on HTF. 5. Look for pullbacks on lower time frames and enter accordingly. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat...
Key Highlights: 1. Bounced off from the flip level. 2. Rebounded from 200 MA. 3. Some increase in volume. 4. Shift in market structure on LTF . 5. Look for pullbacks on lower time frames and enter accordingly. 6. Good movement expected on closing above 3400. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your...
Key Highlights: 1. Rebounded from the flip level + 200 MA. 2. Shift in market structure on LTF. 3. Some increase in volume 4. RSI curving back from the oversold region. 5. Look for pullbacks on lower time frames and enter accordingly. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own...
NIFTY Intraday Trade Setup For 08 Dec 2021 Buy-Above 17255 Sl-17220 T-17350 17450 Sell-Below 17140 Sl-17170 T-17100 17040 NIFTY has reclaimed 17000 today. index has small room in intraday tomorrow. Today's high is important , if broken again then we have room for 100 points in upside. No Aggressive short above 17000. We will plan to short aggressively below...
NIFTY Intraday Trade Setup For 06 Dec 2021 Buy-Above 17250 Sl-17200 T-17350 Sell-Below 17180 Sl-17210 T-17130 17050 NIFTY has taken from the psychological level near 17500. This leg can continue till 17050 if we break Friday's low. But if low is not breached and if closes above 17250 then will long for the target of 17300 and 17350. Selling would be much fast...
ANALYSIS OF NIFTY & BANK NIFTY FOR THE WEEK ENDING 18-11-21 From this week, I am starting a new weekly post series where I will briefly capture the key highlights of the 2 leading indices. This post will be supported by a video that will talk more about the key stocks that form the indices. One of the reasons for starting this series is that there are many...
Darvas box breakout on daily and weekly chart. Volume is also supporting. buy above 212 SL 164 target 1:2 after 1:1.5 shift the Sl to the buying priceand then to the the bottom of next box and ride the trend.
IRCTC 'THE HOTTEST STOCK' Now its time for TIME WISE OR PRICE WISE CORRECTION if there is PRICE WISE CORRECTION NOT DOWN THE LEVELS 1) 4131 or 826 2) 3878 or 775 3) 3367 or 673 4) 2512 or 502 yes looks like a trap explanation or thinking ab tk ye stocks market me bhot km tha max. govt. and istitutions ke pass hi tha to jab ipo se hi retailars me iske liye...
On the monthly timeframe price has accumulated on a demand area,the market has moved into a higher timeframe oderblock(which is a strong demand zone) Prior to that price has shown a significant shift in market on lower time frames meaning the market will seek to take out liquidity to the upside
Crude prices has been continuously rising, and the immediate benefactor is the natural gas. With tremendous pressure on energy global supply chains gas companies are struggling to fulfil the outgoing demand. ONGC, which has also seen a hike in gas prices have reported record profits for this quarter. I have been bullish on ONGC since 110/- levels. And the reasons...
All Levels Mentioned On Chart How to trade the setup? When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict T1 : is Target 1 T2 : is Target 2 When you achieve your first target, book profits of 50% and shift the stops to the cost The term Catastrophe Stop, is a maximum movement of price that can happen in...
Prices are on recovery retracement mode for a retest of 1450 level All Levels Mentioned On Chart How to trade the setup? When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict T1 : is Target 1 T2 : is Target 2 When you achieve your first target, book profits of 50% and shift the stops to the cost The term...
As I said yesterday, Nifty is weaker below its 20-SMA (on the daily chart). Nifty failed to breach the 20-SMA line on the daily chart and settled below it. The further uptrend is not confirmed until the Nifty closes above 20-SMA. (on the daily chart). It came all the way down to 17980 level from the day top of 18113. Yesterday, I did mention unless Nifty stays...
Channel Breakout Long All Levels Mentioned On Chart How to trade the setup? When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict T1 : is Target 1 T2 : is Target 2 When you achieve your first target, book profits of 50% and shift the stops to the cost The term Catastrophe Stop, is a maximum movement of...