#bajajfinserv trade idea this is a good trade don't miss this opportunity
kindly follow the levels given on the chart
this is only for educational purpose
Shortopportunity
NIFTY50 in perfect descending triangleIn my previous analysis, I spoke about NIFTY being stuck in 2 channels at a DAILY time frame. Here again, I bring to you another channel but in a smaller time frame of 15 MIN. Looks like it's in a perfect descending channel ready to break. If there's a gap down it will enter the bearish territory. FIIs are putting a huge selling pressure so my bet is that it may break to the downside and give interesting intraday shorting opportunity at a low risk-reward ratio. I will post my trades for tomorrow in the update later.
BAJAJFINANCE sell optionhuge reversal in the graph can be seen from this very important resistance line...
TWTR Short ideaWeekly chart showing that we are now competing another pullback
Tunnel identified. Just wait for breakout confirmation and enjoy the ride down
AAPL Short Opportunity Next weekH&S formed on the Hourly chart at the support level of the tunnel.
There's two scenarios here:
1- H&S breakout confirmed and this will also confirm the tunnel breakout. Becoming into a strong selling position
2- H&S fails and price comes up to test previous resistance level completing the wave (5) followed by a big pullback correction
MACD and RSI should some divergencies
GOLD Double Top Oportunity
Weekly chart - Strong buying pressure
Daily chart - Potential double short
Hourly chart - pushing back to tesst top resistance once more
If it rejects this top level again we are in a good way for Double top setup
We will have to wait and see how price reacts to the 143 price level, If you want you can play agressive with a shot pending order on the 143 level and a ver short stop loss right above this resistance. Price might bounce back really fast and you will miss this opportunity
