bitcoin major support , major resistanceremember last time price went to $19600 now it roaming at the price of $28k
we passed this signal to hold long from $20k now, again the situation is becoming tricky , you know what to do in these conditions
hold firmly for the support zone once the week candle ends
follow for more
here to help you not to disappoint.
!thanks
Short-trading
Nifty: Bounce back... what next?Nifty,
If you have been following me, I was shouting from the top of my voice to sell when Nifty was above 18000.
Yesterday I had mentioned 2 things
- to watch out for weekly closing - Above 17430-17450 zone, next resistance is around 17604-17620 odd levels
- focus on Risk Management. We were close to lower end of the Red channel
That's what we are seeing right now, Nifty opened at 17451 and made a low of 17427.70 respecting the said zone to perfection and thereafter the Index has rallied non stop to make a high of 17597.8 so far... 150 points roughly straight away from 17450 odd levels...
Right now we are close to the mid range of the channel and also the Black Line of resistance around 17620 odd levels.
Risk::Reward ratio looks manageable from current levels to short.
Given the setup, my trading strategy
Sell 17800 Call option 29 March 2023 expiry in 2 tranches.
Currently around 128 and rest on Monday.
I would exit if Nifty closing is above the Green trendline (around 17680)
Take care & safe trading..!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Divis Lab possibility of going bearish for short term.As you can see Divis Lab is on the way to downside, in minor Wave E forming a Triangle pattern.
As per EWT minutte wave (c) can travel till fibo ratio 1 or 1.2 which are also my target.
But a trader must be cautious if it breaks the invalid level of 3710, if this level breaks above all study/ Analysis will be invalid.
Short Opportunity on EUR/CHFOANDA:EURCHF
We can see a good bearish trend on this pair and I have personally been shorting this pair whenever the price comes to a supply zone. We could get another opportunity to short if the price moves to the green zone as shown above.
A good 1:2.5 RR can be expected if the entry criterias match up!
DLF HEAD & SHOULDER 30MDLF is showing a head & shoulder pattern in 30min timeframe. It could be a good intraday trade in it breaks the neckline of the pattern. You can place your SL above the nearest swing high. Always keep your risk managed. Cut your losses quickly and ride your profits. Happy Trading!
MyAlgo: xRWave-Blaster: Intraday call: 22Jun- BAJAJ_AUTO- ShortBased on my "xRWave-Blaster" predictive trading methodologies, its going to be a RED candle on 22-Jun-2018 for BAJAJ_AUTO
Sell Below(5Min candle close): 2822.9 for targets -
T1: 2801.7
T2: 2789
T3: 2775.8
SL: 2845.5
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. :-)
MyAlgo: xKSF-Diffuser: Intraday call:18Jun-ASIANPAINT-ShortBased on my "xKSF-Diffuser" predictive trading methodologies, its going to be a RED candle on 18-Jun-2018 for ASIANPAINT
Sell Below(5Min candle close): 1279 for targets -
T1: 1269.4
T2: 1263.7
T3: 1257.6
SL: 1289.2
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. :-)
MyAlgo: xRWave-Blaster: Intraday call:15Jun-INFY-ShortBased on my "xRWave-Blaster" predictive trading methodologies, its going to be a RED candle on 15-Jun-2018 for INFY
Sell Below(5Min candle close): 1236.6 for targets -
T1: 1227.3
T2: 1221.8
T3: 1215.9
SL: 1246.5
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. :-)
MyAlgo: xRWave-Blaster: Intraday call:15Jun-TECHM-ShortBased on my "xRWave-Blaster" predictive trading methodologies, its going to be a RED candle on 15-Jun-2018 for TECHM
Sell Below(5Min candle close): 697.1 for targets -
T1: 691.9
T2: 688.7
T3: 685.5
SL: 702.7
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. :-)
My PredictiveAlgorithms Intraday call(12-Jun-18)-IOC-ShortBased on my "xRSI-FKS Explosion's" predictive trading methodologies, its going to be a RED candle on 12-Jun-2018 for IOC
Sell Below: 172.7 for targets -
T1: 171.4
T2: 170.6
T3: 169.8
SL: 174.1
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. :-)
My PredictiveAlgorithms Intraday call(12-Jun-18)-COALINDIA-ShortBased on my "xRSI-FKS Explosion's" predictive trading methodologies, its going to be a RED candle on 12-Jun-2018 for COALINDIA
Sell Below: 287.2 for targets -
T1: 285
T2: 283.8
T3: 282.4
SL: 289.5
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. :-)
My PredictiveEngine's Intraday call(06-Jun-18)-AXISBANK-ShortBased on my PredictiveSystem's signals, its going to be a RED candle on 06-Jun-2018 for AXISBANK
Sell Below: 529.6 for targets -
T1: 525.6
T2: 523.2
T3: 520.8
SL: 533.8
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. :-)
My PredictiveEngine's Intraday call(01-Jun-18)-BERGERPAINT-ShortBased on my PredictiveSystem's signals, its going to be a RED candle on 01-Jun-2018 for BERGERPAINT
Sell Below: 297.5 for targets -
T1: 295.3
T2: 293.9
T3: 292.5
SL: 299.9
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. :-)
My PredictiveEngine's Intraday call(24-May-18)-ASIANPAINT-ShortBased on my PredictiveSystem's signals, its going to be a RED candle on 24-May-2018 for ASIANPAINT
Sell Below: 1274.8 for targets -
T1: 1265.2
T2: 1259.5
T3: 1253.5
SL: 1285
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. :-)