Looking For shorts keep an eye
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
2629-2634: Key zone for intraday/ positional for a day
WAIT for a strong close below these levels to Short
I have not yet entered - I will be entering after confirmation, and it may be immediate, so I may not be able to post on time when I take the trade.
Tgt some 75-80 points and SL: 15 points from CMP
NOTE: This is only my view - not any kind of advice. Use...
172.55-172.7 is a key Level (for today)
Close below or either this will give a good move towards that direction
Tgts will be the S1 or R1 basis shorting or long respectively.
As of now its more of a shorting opportunity - awaitng candle close
Short around: 176.2 (wait for 15 min candle to close completely below 176.25)
SL: 176.65
TGT: 174.3
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
SBIN, near the Support level.
SHORTING opportunity " ONLY " If sustain below the support level, may go down up to 7%.
1hr Chart may form Head & Shoulder pattern. watch out.
Can only short in FUT for positional. watch analysis accordingly on futures chart for positional shorting.
PS: All analysis are for educational purposes only
Analysing the Nifty Chart on 1-Hour Time frame I find that NIFTY has broken an important level @ 14751 with huge volumes today.This level acted as resistance on 21st Jan 21 and 2nd Feb 21.Subsequently it was broken and hence forth acted as support.This could mean that NIFTY may fall to the level of 14214 and subsequently 13590.These are next sup in.tradingview.com...
4H timeframe or day chart,
shorting opportunity is here as i shorted around 221. this chart is creating Highs and Lows, you can see the trendline as well,
as heavy volume is there as well, The price would rise a bit, and then might fall, in upcoming days ITC could fall down to 203 roughly, 7-8%.
Let me know your views on Comments. One can go LONG when it comes...
The stock has been in an obvious bear market for a long time. The strategies to trade the stock would be to sell on rallies.
The parallel channel in purple presents an area of value and is the upper level of the general down trend. Shorting at this level will present the best entry.
SL near previous swing high.
Target @ previous swing low.
Weekly candle Big bearish shooting star
Daily Candle closed below support line
H4 RSI diverge making a lower low breaking support line
H4 MACD Crossover signal to go short
