Short-term
SHORT Bajaj Finserv (only if system gives a Short signal)Systematic Mechanical Trading Just reacting to the symbols as they come.
The system starts with appearance of blue dots at the bottom of the chart. These blue dots signifies the setup in making. At the same time, it tells you what trade to take if next set of conditions are fulfilled; and at what price. If those next set of conditions are met, it gives you the trade signal in the form of a box, with stop loss mentioned therein.
The system will show an Exit signal if any of the below-mentioned event happens first:
a) If Stop Loss is hit (as per user's acceptance level); or
b) If desired profit level is achieved (again as per user. I prefer 7-10% for Longs and 5% for Shorts for partial exit. Rest, I trail); or
c) If system exit conditions are met.
BUY: Adani Green (only if system gives a BUY signal)Systematic Mechanical Trading Just reacting to the symbols as they come.
The system starts with appearance of blue dots at the bottom of the chart. These blue dots signifies the setup in making. At the same time, it tells you what trade to take and at what price. If the next set of conditions are met, the system gives you trade signal in the form of a box, with stop loss mentioned therein.
The system will show an Exit signal if any of the below-mentioned event happens first:
a) If Stop Loss is hit (as per user's acceptance level); or
b) If desired profit level is achieved (again as per user. I prefer 7-10% for Longs and 5% for Shorts for partial exit. Rest, I trail); or
c) If system exit conditions are met.
BUY: KOTAK (only if system gives a BUY signal)Systematic Trading : Just reacting to the symbols as they come.
The system starts with appearance of blue dots at the bottom of the chart. These blue dots signifies the setup in making. At the same time, it tells you what trade to take and at what price. If the next set of conditions are met, the system gives you trade signal in the form of a box , with stop loss mentioned therein.
The system will show an Exit signal if any of the below-mentioned event happens first:
a) If Stop Loss is hit (as per user's acceptance level); or
b) If desired profit level is achieved (again as per user. I prefer 7-10% for Longs and 5% for Shorts for partial exit. Rest, I trail); or
c) If system exit conditions are met.
BUY: INFO EDGE (only if system gives a BUY signal)Systematic Trading : Just reacting to the symbols as they come.
The system starts with appearance of blue dots at the bottom of the chart. These blue dots signifies the setup in making. At the same time, it tells you what trade to take and at what price. If the next set of conditions are met, the system gives you trade signal in the form of a box, with stop loss mentioned therein.
The system will show an Exit signal if any of the below-mentioned event happens first:
a) If Stop Loss is hit (as per user's acceptance level); or
b) If desired profit level is achieved (again as per user. I prefer 7-10% for Longs and 5% for Shorts for partial exit. Rest, I trail); or
c) If system exit conditions are met.
Bad time for Tata Motor! Go ShortTata motor has broken major support of 152.7 ( 78 % retracement level from previous upward rally) and formed three bearish candle below it which confirms accelerating downward moment, and showing it will test old low of 129.15 and will go below further. This is no more pullback wave as it broke 78% retracement level but its new primary downtrend wave. If you look at indicator MACD: its wide open below zero and quite a room for downward, Volume: good number at breakout near 152.
Trading price: 144.3
Stop Loss: 155
Short term Target: 131
Long term Target: 101
Another Fundamental reason you might be aware of like it’s negative result, overall industry slowdown.
TCS short term Long BiasTCS is taking support at its short term swing high, also the trend is up and the trend line is also acting as a support. But if it breaks 2065, the next supports are 2010 and 1980. Until then its a long for short term. The volumes are also decreasing which indicates that the pullback is not strong. Favourable exit polls also suggest the market will perform better at least till actual results are out. There is a risk reward ratio of 2:1 for this trade. Be cautious as there will be high volatility because of election.
Potential Bearish GartleyA Bearish Gartley Pattern is setting up in NSE:BHARTIARTL . The pattern completes at an important level on the higher time frame. Also, AB=CD pattern completes at that exact point further confirming the patterns reliability. Targets and Stop Loss are mentioned in the charts.
Trade accordingly.
Dpk.Htkar
FACEBOOK - Still in positive trend - short and long term view.Facebook is a stock with strong fundamentals and zero debt. Irrespective of some bad news recently, the stock still rallies in the upward trend.
I have seen the weekly chart which shows since 2013 the stock is on the upward trend and moving above the 100 EMA consistently.
The chart respects the strong support pink line and on july 2017 it broke the green resistance line.
During nov 2016 it retraced to 38.2% and in march 2018 it retraced 50%. In these cases, it respected the strong support line.
1] The retracement may take a support at the green line and bounce back from the 180 level.
2] Incase, it breaks the green line and falls down it could respect the strong support of pink line and then bounce back.
3] IF it breaks the pink line of support then big reversal could take place. Mark 160-155 final stop loss.
MACD is positive above the zero line and bullish crossover is maintained.
The fall can't be predicted. Overall, it's a long trend and with good opportunity to buy shares at a discounted price. Good time to buy when bounces back from green line or pink line.
Keep a watch on this stock.
BAJFINANCE: Buy @ 2295 SL @ 2245 Tgt @ 2395BAJFINANCE is a buy as its near Support zone. Buy BAJFINANCE at 2295 with stop-loss of 2245 and Target of 2395.
Consult your technical/financial advisor before buying the stock. We are NOT SEBI Registered. Any calls taken on technical analysis are subjected to ownership of yourself.
MUTHOOTFIN-bearish -Short term Swing tradingMUTHOOTFIN looks looks weak for short term and struggling for a proper bounceback.
Sell Below: 375 for targets -
T1: 356
T2: 349
T3: 341
SL: 393.8
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Short term Swing trading-MGL-ShortMahanagar Gas Limited (MGL) looks bearish for short term.
Sell Below: 775 for targets -
T1: 736
T2: 721
T3: 705
SL: 813.8
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Short term Swing trading-CEATLTD-SellCEATLTD looks bearish for short term.
Sell Below: 1300 for targets -
T1: 1235
T2: 1209
T3: 1183
SL: 1365
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Short term Swing trading-CASTROLIND-ShortCASTROLIND looks bearish for short term.
Sell Below: 165 for targets -
T1: 157
T2: 153
T3: 150
SL: 173.3
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)