As per my thinking bandhan bank is nearing resistance and a strong uptrend shows the buyers are exhausted and now might begin to sell we may see the reversal lets see this is my view and hope for the best!
Nifty structuring a Bearish harmonic pattern Price Reversal Zone-11419-11452 Target 1-11371 Target 2-11354 Stop Loss- 11460 We have a sell zone and harmonic reversal, which a double confirmation for sell side.. Wait for the reversal formation near our levels..
NIFTY TRADE SET UP everyone is bearish on nifty but as we have seen market has been eating all the movement by giving gap up or gap down opening. i will have a slightly different approach in the market. 1. if the market opens gap down I will sell the put option around 11260-11236 sl 11180 .and sell call option on reversal around 11305 - 11330.sl 11370. 2. if...
A shooting star is formed with heavy volume. This could be a good shorting opportunity below 418.
As we have seen some pressure in both the major indices we noiced that Cadila was earlier facing resistance and now again after testing its resistance zone yesterday it reversed from its selling zones. so we can see some more selling pressure in this scrip..
Bank nifty will hit a target.
Sell Nifty on 30min candle close below 11482 Target - 11413, Sl - 11553 (no trade if Nifty trades above 11537.85 before candle close below 11482)
Head & Shoulders pattern in HCL Technologies Sell HCL Technologies @ 710.15 T1: 691.3, T2: 672.45, SL: 729 (Risk Reward of 1:2)
H&S Pattern - Sell @ 1983.70 with risk reward ratio of 1:2 T1: 1950.55, T2: 1917.40, SL: 2016.85
Hidden Bearish Divergence in HUL Sell HUL @ 2200 - 2205 Target: 2165, 2145, SL: 2234
Please short at the levels mentioned 3711 - 3715
Positional Sell on break below 3350 levels with strong candle Target: 3150, SL : 3465 Forming Lower Highs & Lower Lows on charts
In Bank Nifty 22400-22500 acting as a strong resistance zone. And RSi is dimnishing.. Failed to break these level Bank Nifty might test 21300 - 21400 again.
EUR/AUD has made multiple tops and once again the volumes is decreasing, can be a good short sell opportunity near 1.65100 once a lower low and lower high is made. with SL above the multiple resistance zone. Views negative if hourly close is above 1.65550 before doing the breakdown.
Sell - Asian Paints below 1887.2 Target - 1860 (Bollinger band center line ) Risky trade based on Bollinger Bands retracement strategy
RSI DIVERGENCE WITH BEARISH ENGULFING PATTERN CONFIRMING A TOP SIGNALING BEARS MAY TAKE CONTROL FROM HERE AND WE MAY SAY A GOOD DOWNWARD RALLY. APPOLO HOSPITAL SELL AT 1735 STOP-LOSS AT 1810 TARGET 1580
Clear divergence on the daily EURUSD Chart.