RBL: Chart set up does not look good 😥RBL
- the stock took support at 155 last time in Aug 2021 from where the stock went up
- on 27 Dec 2021 the stock broke that level decisively with a big gap down and negative closing thereafter
- going forward the stock may find it difficult to go past beyond 155-160 odd levels
- on the downside the stock may come down to 112 levels and may even go sub 100 levels before we see risk takers taking genuine interest
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
Short
HIND PETRO upward channel pattern BreakDown - BEARISH NOWNSE:HINDPETRO Looking bearish below 300 now. It has given a breakdown from upward channel pattern and continuing downward trend by giving a breakdown from this channel pattern. Short below 300 after passing a retest from channel's trendline resistance. Hind Petro has a strong support zone near 375 following a long term trendline. it may reverse from it and can give a reversal after touching 372-375.
Godrej Consumer Analysislogo ko chaiye hota h Ki Stock Breakout de or sustain krre then apke liye laya hu me godrej consumer
Stock ne do teen din pehle downtrend se uptrend me convert liya he or upar ki trf consolidate kr rha he..
15-20 din ka acha trade ban skta he..
1st target 3.5%
2nd target 8%
3rd target 12%
or stop Loss 2.5%
NSE:GODREJCP
DABUR SHORTDabur shows head and shoulders pattern as marked on the chart above
It recently gave a breakdown from the pattern and retraced a bit till the neckline
One can look for shorting opportunities in DABUR with first target being 540 and second target being 525. SL @580
FOLLOW FOR MORE IDEAS.
LIKE AND COMMENT WHAT YOU THINK ABOUT THIS ANALYSIS.
ADANIENT - TRIANGLEWhy this Trade..??
1. Broadening Triangle
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Short Signal for NiftyAs we can see, 8 EMA is below 20 EMA, and the price has taken repeated resistance from the 20 EMA. So, a lot of chances are there that Nifty might go down if tomorrow's market closes below today's open.
If you are wondering why there are no gaps on my chart, they are due to a script I recently published. Check it out!
You may take the entry if the market closes below today's open tomorrow, stop-loss to be anywhere near the high of today's candle and target to be above the Weekly Demand Zone, Marked on the char
Have a nice day!!!
CANARA BANK A shooting star Formation Can be seen on Daily Chart on Canara Bank. An early trend Downward can be seen till 194.10 and further if it touches the Blue Trend Line, we can expect a greater fall. Stoploss can be at 210.65.
Canara Bank can be in for a downward trend.
Will wait and watch before making an investment. If at all anyone want to enter at present it should be on Short Side.
Assessment is for Educational purposes and the author is not responsible for any Financial Loss you incur.
SRTRANSFIN Intraday - 29th DECSrtransfin looks good as per price action for shorting on 29th Dec below 1204. On daily chart there is a breakdown --> consolidation --> retest and now ready for another momentum downwards. Avoid in case of big gaps.
AXIS BANKShort Axis Bank between 812-815 with SL 821
Target 795-791
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Adanient ShortSHORT POSITIONAL ADANIENT WITH Sl 1735
Target 1630 & 1590
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
RBL: Target Rs 90Any reason why the drop should only be 20%. I feel absolutely not. It has hallmark of a very badly run bank. Greed is the word I guess. Moneycontrol should be taken to court for spreading lies last night about RJ/RKD stake in the bank. These morons just go scot free everytime becuase SEBI is staffed with nincompoops.
Let it go Yes Bank way and pay the fat bankers Private secttor salraies at Public sector Srrvice.
GO SHORT IF DAY'S LOW BREACHEDWe can short in future and can sell atm call option or buy puts if a candle gives a closing below the 34000 in 15 minits time frame.
First target:- ~33646
Second target:- ~32300
If market opens with huge gap down or up then have to wait for price action based good entry other wise don't trade because market can take reversal at any time.
DISCLAIMER:-
** This analysis is completely for education purpose. **
** Beginners don't relay on it. **
** I will not be responsible for any kind of loss. **
Short CottonShorting Cotton due to breakdown of trendline support area in short term.
RSI also looks negative and going down.