Good Morning ! There are 3 possible scenario's in Nifty, but if we have to go by logic retest of 9580's sounds valid but we are unsure whether Nifty will give us what's expected. The potential chance of Double Bottom around 9480's will be spoiler if market opens gap down & breaks the level, then based on aggressive entry's aim for 9400's-9380's zone as targets....
TATAPOWER -1.51% has been trending in a nice channel. 82 seems to be a good level to go short for a target of 80. This is also the expiry week so the next four days present a lot of opportunities. This definitely seems a good one for a leveraged trade. Also, the general sentiment is turning negative or at least neutral for highly positive. That adds to the...
Short DHFL for short term with strict stop loss. Hedge with ITM call of July
Nifty is in a symmetric channel where there are 3 possibilites... 1. Chances are it may give breakout and follow uptrend channel which was happening from past days after little correction... 2. It May continue sideway move and give upside/downside move after few days 3. Breakdown, through which we may conclude that the nifty is ready for bigger...
On the daily charts of Piramal Enterprise, Negative RSI Divergance has been formed... Looking towards price, it is standing on important support... RSI Negative Divergance is indicating that it may break that support, If it breaks that support we may see more down side.. Targets will be 2760/2700/2650/2600 SL will be 2800 If it dosent break that then...
Triangle breakout - downside : so obviously short positions in Infy. There is a wick pierce our of triangle , I feel that's just market makers who took stops of retail traders while going bearish but we can't say for sure also. Anyway look for further downmoves unless it(IT) is debugged !
Gravita India has made a triangle breakdown we may see weakness in next coming days... target are 75/72/68 SL : 78 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
SL and targets are mentiond on the charts... Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
Vedanta is following an ascending triangle pattern... Short VEDL for the targets of 230 with the stoploss of 238.5 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
Nifty has made today a Bearish Engulfing Candlestick pattern... Hope we may see downside... It may fall upto 9530 regions... And if it brake those levels we may consider it as a channel breakdown.. Targets are 9630/9575/9535 SL : 9705 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
I was about to post this by Monday itself, but went on with other stocks, anyway now you have it in TechM. May be if you are conservative enter on Pullback & Enjoy the game !
waiting for breakout please like and comment if you agree or disagree .. let us have a fun social atmosphere
Trendline support may take ONGC high. But one can book half profit @177-178 , as it may not breakout of downward channel. Long can still be taken at current price 169 .
Fine, though its just basically by trendline break in LT, we should look for risk-reward. Bcos, a decent risk-reward is must even for mediocre tradeplan. Trendline break & entry of shorts in LT can sound mediocre, but the decent risk-reward is icing on cake. Check with your trade plan & enter only if it suits you !
Everything on chart. Wait for confirmation on 31-may-17. Please leave your opinions.
Looking towards current scenario Federal Bank may breakdown targets are 110/107.5/104 SL 114.2
Gail moving fast, so here is the post out...
Hindalco is just getting rejcted from the above trend line again and again, and getting support on below trend line.... Looking at current scenario it is clearly directing that price may go down till 185-190 regions ... Tgts are : 196/192/188 SL 201 Hopefully, we may see price reversal at 185 , if that not happen we may see further more down side... ...