CESC CMP 1046 The stock will see demerger of shares and will be divided into 4 verticals in October viz:- - power genreation - power distribution - retail - others Now coming back to charts On weekly charts the stock has given a nice breakout and the stock may be heading towards 1160-1200 zone Immediate Support at 1023-1030 Stronger support at 996-1003...
After a Sharp Weekly drop last week nifty might consolidate with 50% upmove and if the upmove is a corrective wave pattern then a potential down move would take Nifty to test the previous breakout levels around 9100 levels in the coming weeks. The current down move can also turn out to be a side ways movement for several weeks which would mean new highs would come...
At 9980 we anticipated a reversal and advised to be cautious on basis of broader markets action (look at nifty ADL divergence idea), we shorted bank of india and profited more than expected with the market fall. Now where is the market headed? This idea would talk about very short term and analysis is done on nifty spot daily chart. The index is at a crucial...
along with nifty there will be fall in bank nifty also. news come and influence the markets after conformations of technical indicate. geoplitical tension is just for saying, chart has indicated it earlier. BUT HOLD ON 21500 TO 22000 CAN BE THE RIGHT OPPORTUNITY TO BUY IN BANKS FOR 26500. this is so simple hope it comes out true.
crossing of nifty bellow monthly average, overbought conditions, ending of long rally in up word direction without significant correction all these factors will make nifty to correct sharply till 9000 to 9100 till Oct or November is my vision.
Everything mentioned on chart... Note : Do your own analysis before making any position....
It is in symmetric triangle but price action and indicators have a negative bias. Could go short on break of yesterday's low. Everything else in chart.
Everything explained on chart... Note: Do your own analysis before making any position...
Rcom CMP 24.65 The stock is at 50 day EMA One may consider selling RCom July contract Option Type: Call Option Lot size: 14000 Strike Price: 25 Price: 1 Margin requirement Rs 80000/- approximately Max profit potential of Rs 14000/- per lot or max 17.5% yield potential on margin requirement In built loss protection for rise in stock up to 26 level...
hi, WOCKPHARMA, We got crossover confirmation in buying zone, even though a beautiful triangle and looks soon to be breakout with heavy volume, once it break and sustain and close above or near to 622-625 range, we can buy for short term or long term period for target 650 - 655 range & 700 range.
Simple consolidation breakout, the breakout is on right now, once its confirmed , Check with your plan & take trade positions in DHFL Note : If you have doubts on, if we reverse our trade on false breakout, why we need to take that unnecessary loss on one side ? Well, we have tried here in tradingview itself manytimes, that reversing on false break covers the...
Bajaj Auto - The stock as broken out of major support zone as well as broken a long term ternd-line. There is a window (gap) created wich indicated high selling pressure and the window will act as a resistance as well. Keeping our stop above the window and target in the next support zone, the risk to reward comes to be 2.5. NSE:BAJAJ_AUTO
Short TataSteel positional for the targets of 540 and 525. Maintain SL of 555
Everything is on chart... Note: Do your own study before making any position...
Everything is mentioned on chart.... Do your own study before making any positions.... :D
RCom CMP 21.40 - Trading in a sideways channel - 22.45 is an important resistance level for RCom... - Bullishness only if closing above that level... - Otherwise the stock could be heading back to 18 levels Take care and safe trading...!!!
Nifty CMP 9606 Sell on rise will hold true if Nifty stays below 9648 levels on closing basis... NIfty is at 61.8% Fibonacci retracement level of the fall from 9710 levels to 9448. & 9648 represents 76.4% retracement level We look to sell Nifty if it is to get resistance in this zone of 9610-9648 Take care and safe trading...!!!