Infosys SHORTReasons for Short as follows:
1) Classic Head & Shoulder Breakdown Pattern
2) Price trading near 52 Week Low Zone
3) IT Sector is the Weakest and Leading the Bear Market
4) Global Recession means Slowdown in Revenue for these IT Companies
SELL Weakness
Stop Loss above 1420
Targets:
T1= 1320/ 1300
T2= 1250 ish zone
Short
SBI Card SHORT - So Wave E high did not get taken out all this while even though, hence Setup still valid
- A 5 wave Fall (Wave i) on Hourly Charts can be Counted from Wave E high
- A 3 Wave Corrective Rise (Wave ii) in the form of an Expanded Flat retraced 0.618% of the Fall from Wave E high
- Price did Wave i and then ii, and now iii on Downside has Started📉
Wave i= Wave iii equality comes at ~ 845🎯
Trade Plan as follows:
Short at CMP= 915.5
Downside Target Zone= 850 - 840
Stop Loss= above 940
Bajaj Finance SHORT Trade, Head & Shoulders TOP!Attached: Hourly Chart
A Clear Cut Distribution Pattern is visible for Bajaj Finance. This Pattern is called the Head & Shoulders Top Pattern and is a Trend Reversal Pattern.
In this case, there is a BEARISH Implication
One can Short at CMP
Stop Loss above 7380
Downside Target open to 6900- 6800
Stay Safe
And Happy Trading!
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Any kind of support is appreciated :)
IOC Chart set upIOC
- The stock even in a strong market condition is struggling to get past 21 day EMA
- The stock traded in yellow channel for approximately 3 months
- Now trading in the red channel zone
Target for the current set up 64.15 / 61
Be cautious if IOC closes above 68. Pattern gets invalidated if stock goes above 70.30
Take care and safe trading...!!!
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Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- 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
Selling opportunity in NiftyClosing above the red line will be first sign of bullishness
-->IF we get rejection at 0.618 levels in 5 min TF and candle should not close above red line
All levels are mentioned on the chart it self.
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
I will be updating
Shorting opportunity in bank niftyAll levels are mentioned on the chart it self
Safe players can wait for a pull back and enter as per levels
Risky people can enter according to their risk management.
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
GU flipped into bearishGBPUSD had nice bull rally from 1.3565 to 1.14952 with perfectly creating HH and HLs which later flipped into bearish at 1.14952.
It failed to break above HH but later breaks below HL, also it broke below the Rising wedge pattern which is considered as a bearish chart pattern that points to a reversal after a bull trend. Target of Rising wedge pattern are usually at where it started from which is around 0.618 fib level and yet not completed.
It confirmed the flip of trend by making LL and LHs, currently is in downtrend channel.
Entering short when candle confirms the break of ascending trendline would be perfect with SL at above previous LH which is 1.3% only. It would be low risk high reward play.
I'll do 3 TPs i.e. TP1- 0.5 fib, TP2- 0.618 fib and TP3 would be at 1.3565.
US100Price came down with an impulse, started consolidating at our demand level, we anticipate a continuation to the downside after the accumulation
Selling opportunity in NiftyPlanned this trade in 5 min TF.
Can plan this trade with a Small SL
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES.
If you want me to video analysis pls give a boost. If I can get 2000 boosts overall on my profile I will start doing video analysis.
Need motivation very badly
Selling opportunity in Bank NiftyPlanned this trade in 5 min TF.
Can plan this trade with a Small SL
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES.
If you want me to video analysis pls give a boost. If I can get 2000 boosts overall on my profile I will start doing video analysis.
Need motivation very badly
GOLD BREAK OF BULLISH MARKET STRUCTUREXAUUSD just broke bullish market structure. It failed to break Higher high and created a double top which will be confirmed as it breaks below 1705.
Will be entering short as it breaks below 1705 and confirms it on hourly chart TP 1 will be 0.5 Fib which is 1672.05 and TP 2- 1658.42. will go for TP 3 1617 if it breaks below golden pocket of 0.618.
My SL will be 2%
I'll be entering short only if it actually confirms the double top by breaking below 1705. that will confirm market has actually flipped to bearish
Short : Lalpath Lab looking Weak
Good Day
Hello Traders,
Dr LalPath Labs is good candidate for short if it starts trading below 2371 with a minimum traget of 2268 and if further slips then you can
see 2133 - 2050 also coming in the near future.
Trade cautiously with Stop Loss as per your capital and risk appetite.
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
RAMCO KI DIWAR TUTE YA NAI STOCK TO GAYAThis chart is self explainatory nothing much to write just writing for the sake of criteria. but make sure you take it only for educational purpose only.
Bata : Critical Point Can become a good short opportunity
Good Day
Hello Traders,
Bata India its at critical point of it started trading below 1757 then will be a good candidate for short.
You can play for upside with strict stop loss, however majorly the trend is downside
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
#Titan ATH weekly closing, above 2770 kya ye fatega? Titan has given all time high weekly closing supported with good volume activity. Now I want this to cool down a bit and consolidate between 2690-2770 zone before breaking out above 2770. Hope this is not ploy of big operators to trap retailers and we need to keep eye on this counter, earning report is expected on 4th Nov and can be typical "Buy the rumour and sell the news" kind of story. Can Diwali sales help this counter to give good move, we will see
BAJAJ FINSERV - Short Candidate 14SeptHuge volume was witnessed during the day.
I suspect it was a trap by the FII's and the poor retail traders fell for it.
A rising wedge is usually a very good setup for WILD moves, hence I suspect that this support would be broken easily tomorrow (14 Sept 2022) owing to the #BankNifty Weakness.