NSE:NIFTY is making overlapping moves. Idea is to stay patient and wait for breakout. From current price action, NIFTY is all set to break out of 9400 tomorrow. I have sold calls, which will be in loss. But considering the market is consolidating, I am willing to take the risk of keeping those calls.
There is a shift in the GANN channel. I think it should move in my marked area (TWO BLACK TRENDLINES) 45* is the best suitable angle for Reliance Industries Gap at Rs 1260 should be filled soon.
NSE:NIFTY opened gap up today. But it could not keep above last high of 9340 for the day. So this is still consolidation range. Till it breaks out this range , it may be safe to hold these positions. Now, because of sold puts, I have high risk of gap down opening. But from price action for last few days, I'm carrying these positions. As discussed in weekly...
short at current levels cmp 90.70. stop loss 92.50 nd target 85 and 82 do LIKE and FOLLOW if u agree with the idea
Banknifty has left the demand zone with a strong bullish candle Target of 19900 Gap up and gap down will change the setup Be careful while taking trades Comment if you have any doubts Grateful🙏
usando #analisitecnica e altri fattori ho individuato un possibile short di questa #pair
Bullish if 7710 with Green Candle & Bearish near to 8175 as it is main resistance over long period . As it educational idea not trading advice. Do your own research and share to.
We are now trading a lower tunnel inside this huge triangle. last week we has ended with the price touching the resistance level . - Hourly chart indicates a potential H&S set up - RSI and MACD showing divergencies Short next to this resistance level aiming to the right shoulder level and see how it reacts. This level is key to show if we are going lower or if...
HCLTECH Showing Comparative Weakness as compared to CNX IT Index. Expecting Breakdown below 400
1. BankNifty forming the Ascending Triangle Pattern. to go LONG BUT 2. Recently, It has form Head and Shoulder Pattern in Triangle Pattern. So, I hope BankNifty will fall to the border of Triangle Pattern. 3. All level indicated by Demand Zone and Supply Zone. 4. Sell Below 19567 Target 19354, 19141 , 18928 Stop Loss: 19643 IF 'YOU LOVE MY STUDY PLEASE...
M&M Will short tomorrow form 331 to 320 at the 15 min time frame.
Ambuja Cement has formed Dark Cloud Cover Pattern and also breakdown of brearish flag. Target 0.382 = 163.40, 0.5=153, 0.618 = 153.05
Weekly chart - Strong buying pressure Daily chart - Potential double short Hourly chart - pushing back to tesst top resistance once more If it rejects this top level again we are in a good way for Double top setup We will have to wait and see how price reacts to the 143 price level, If you want you can play agressive with a shot pending order on the 143 level...
USOIL form double top in 1 hour time frame short when neckline is broken and target and stops are mentioned in the chart.
Swing Trading = Short NSE:HDFCLIFE Monthly Time Frame = Short = Down Trend Price Action Weekly Time Frame = Short = Down Trend Price Action Daily Time Frame = Short = Down Trend Price Action Already shown in the Main Idea 75mins Time Frame = Short = Down Trend Price Action Time Frame Confluence = Down Trend Monthly, Weekly, Daily and 75mins Time...
as rally in NIFTY was dependent on TCS. and looking for the tomorrow's weekly expiry, nifty is looking to for some pull back. as per daily chart TCS may rise upto 1950 or upto 1980 i suggest to go short sell around 1930 to 1940 for targets upto 1830. please let me know if there is divrse opinion on the same.