BIOCON - SHORT SETUPA shooting star is formed with heavy volume. This could be a good shorting opportunity below 418.
SELL
Cadila HealthCare will see some correctionAs 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..
Conditional Sell - Nifty on 30min candle closing below 11482Sell Nifty on 30min candle close below 11482
Target - 11413, Sl - 11553
(no trade if Nifty trades above 11537.85 before candle close below 11482)
H&S pattern in HCL Technologies - Sell @ 710.15Head & Shoulders pattern in HCL Technologies
Sell HCL Technologies @ 710.15
T1: 691.3, T2: 672.45, SL: 729
(Risk Reward of 1:2)
Asian Paints Ltd - Sell @ 1983.70, T1: 1950.55, T2: 1917.40H&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 Hindustan Unilever - SELLHidden Bearish Divergence in HUL
Sell HUL @ 2200 - 2205
Target: 2165, 2145, SL: 2234
Bajaj Finance - Ready for downward journey !!!Positional Sell on break below 3350 levels with strong candle
Target: 3150, SL : 3465
Forming Lower Highs & Lower Lows on charts
Weakness of uptrend in Bank Nifty...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.
Good Sell in EUR/AUDEUR/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.
Risky trade - Sell Asian Paints below 1887.2Sell - Asian Paints below 1887.2
Target - 1860 (Bollinger band center line )
Risky trade based on Bollinger Bands retracement strategy
APPOLO HOSPITAL SELL AT 1735 STOP-LOSS AT 1810 TARGET 1580RSI 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
SELL LIMIT EURUSD AT 1.1850 STOP LOSS 1.1950 TARGET 1.1650Clear divergence on the daily EURUSD Chart.
Sell BankNifty below 21027BankNifty is moving with a down trend & has taken support at 21030 levels
Sell BankNifty below 21027 for Targets of 20550 & 19850, SL- 21620.
Sell TCS on close below 2240TCS can be sold on closed below 2240 levels. TCS has broken upward trend line and trading below 20SMA in 30 min charts.
It has also formed lower high pattern which indicates continuation of down trend.
Conservative traders can wait for Sell confirmation below 2215 levels
Reliance gap up opening and over bought now time to fall to fillRIL after over bought know time to fall and there is a gap up opening so planning to sell
Banknifty: A Head and shoulder1. Head and shoulder spotted
2. Wait for a breakout- BUY
3. Wait for a rejection - SELL
Learn and trade! Else, it is not worth it!
