Short!!!!
DIVISLAB making head and shoulderDIVIS LAB is making a very good head and shoulder pattern which is right at the support. The resistance was broken earlier now turned into support.
So some bullishness will result in a good trade. So watch out for this one.
COMMENT down below your views on the analysis.
Nifty Level For Tomorrow ( Price Action Analysis)If Tomorrow Market Open Above 15900 and Taking Support at 15880 Then GO Long AFTER 15 Min Candle High Breaks.
iF market open below 15840 then Go short for 50-80 Point Down and If given support breaks then second support is 15700
Or
If Market Open Flat Then Avoid trade if the given level breaks then take trade with Proper Risk Management
All Advice is given for Educational Purpose
Do Concern your Financial Advisor before taking any decision
Major Resistance:- 15990
Minor Resistance:- 15900
Major Support :- 15600
Minor Support :- 15690
Have A Wealth Tading
Asian Paints: Shorting for target of 2798. Take entry at 2940Hello Traders,
One can short Asian paints when a 75 minute/60 minute candle closes below 2945. The target of 2798 should look achievable if there is no reversal from weekly resistance (blue line).
Entry price: Short at 2940-2945
Target: 2798
SL: 2994/3031 Depending on risk appetite. I would go for SL of 3031 to avoid being taken out by any Wicks.
Disclaimer: I have already attempted the trade on Friday and shorted the current month Future Contract at 3976 (Around 3963 in cash segment). Although I entered it at high risk but it looks very much strong from chart.
Happy Trading.
Nifty Level For Tomorrow ( Price Action Analysis),IF MARKET OPEN 15690 AND TAKING SUPPORT THEN GO LONG UPTO 1574.
IF MARKET BREAK THIS LEVEL THATS IS 15690 THEN GO SHORT For 50-80 Point Down
Or
IF Market Open on 15748 then Go Short For 100 Point Down If LEVEL BREAKS THEN CONTINUE
IF mARKET GO SIDE WAYS THEN DONT TRADE IF LEVEL BREAKS THEN TAKE TRADE
MAJOR RESISTANCE:- 15750, 15900
MAJOR SUPPORT :- 15680 ,15600 ,15531
ALL Advice is given for Educational Purpose
Analysis Based on Purely Price Action.........
MARUTI - Breaking DownIf you ask me, it looks bearish as it broke resistance and failed retest, then retested new resistance and now validated it and remains below 7330.
Earnings are also in and the emotion is bearish.
All levels in the chart.
High OI at 7000. Once that is broken, we could see price drop fast.
MFI pointing down.
I would target 6850, and trail below.
Would definitely stop above 7335
Lets see.
IBULHSGFIN Short Term ViewIndia Bulls Housing Finance looks good to me.
However, need to wait for the price to correct a bit and let touch the trendline and support zone.
If it holds and shows and reversal candlestick pattern, I will take long position in IBULHSGFIN with a Stop Loss at 120.
Happy Trading!
Akme Analytics
Short Fortis HealthFortis Health
NSE:FORTIS
Cmp - 242
Stop - 285 on DCB
Expectation -
T1 - 200
T2 - Wait, Review at 200
Expected Holding Period - 100 trading days or earlier for T1
View:- Positional Exit
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Short Garware Hi-Tech FilmsGarware Hi-Tech Films
BSE:GRWRHITECH
Cmp - 923
Stop - 985 on DCB
Expectation -
T1 - 750
T2 - Wait, Review at 750
Expected Holding Period - 100 trading days or earlier for T1
View:- Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing