Bearish Engulfing in NiftyNifty has formed bearish engulfing on daily basis and shooting star in a weekly chart.
Dual bearish candle at downtrend line showing weakness in Nifty.
RSI is in overbought zone and now started moving down from above 80 to 70 level.
Short term trend is still bullish but below 17700 or breaking below regression line, trend will reverse.
Nifty Short below 17700
Stop Loss above 18000
Target 1 - 16800
Target 2 - 15200
Shortsell
Bearish View On BANKNIFTY If BANKNIFTY Breaks Today's Low @34482 Then BANKNIFTY Fall Upto @34360....
Immediate Support At @34475 If It Breaks Then Second Support @34355
In This Volatility Market And Bearish Market You Need To Do Short Sell Only.....!
Disclaimer :-
Please Keep Your Positions Little Because Volatility Is Very High So Please Avoid Trades in This Volatility Market. Hope You Understand My Opinion. This is for educational purpose only. If You Are Taking Any Position Consult Your Financial Advisor. Thank You
Note :- See My Ideas If You Like My Ideas Then Follow Me TQ
Bearish 🐻 View on BANKNIFTY BANKNIFTY is Broken Today's Opening Low So If BANKNIFTY Breaks Yesterday's Closing It Will Fall Upto @34890-34750
So Do Short Sell Only Because Market is Very Bearish
BANKNIFTY First Support @1c920d4c27b348609c09617906b834 Second Support @34640
Disclaimer:-Please Keep Your Positions Little Because Volatility Is Very High So Please Avoid Trades in This Volatility Market. Hope You Understand My Opinion. This is for educational purpose only. If You Are Taking Any Position Consult Your Financial Advisor. Thank You
Bearish View On SGX NIFTY If SGX NIFTY Breaks @16050 It Will Fall Upto @16010-@15967
Do Short Sell Only Because Market is Very Bearish So Don't Do Buy Options Do Sell Options
If You The Options You Will Get Good Profits
First Support @16010 Then Second Support is at @15967 Because In Past Days it is act like a strong Support @15967........!
Disclaimer:-
Please Keep Your Positions Little Because Volatility Is Very High So Please Avoid Trades in This Volatility Market. Hope You Understand My Opinion. This is for educational purpose only. If You Are Taking Any Position Consult Your Financial Advisor. Thank You.
Bearish On SGX NIFTY If SGX NIFTY Breaks 16120 It Will Fall Upto @16010-15970.
First Support @16010 Then Second Support is at @15967 Because In Past Days it is act like a strong Support @15967.
Resistance is at @16240-16300 60Points Zone is more Important Because in Previous Days It act Like A Huge Resistance.....!
Disclaimer:-
Please Keep Your Positions Little Because Volatility Is Very High So Please Avoid Trades in This Volatility Market. Hope You Understand My Opinion. This is for educational purpose only. If You Are Taking Any Position Consult Your Financial Advisor. Thank You
Short Sell SGX Nifty support at 15640-15650 And Resistance Level at 15740-15770.
So Don't Buy Call options sell call options With Proper Stop Loss in this Volatile Market .
Only Do Short Sell Only !
Hope You Understand My Opinion. This is for educational purpose only. If You Are Taking Any Position Consult Your Financial Advisor. Thank You.....!
Shiba Inu good for a short trade - Intradaycryptocurrencies are in the correction phase for the last few trading sessions on a daily timeframe.
Shiba Inu has fallen with good volumes. The volume trend suggests that the selling pressure is high.
The price is trading below 20ema. RSI is weak. MACD on 15min. the timeframe is in negative territory and on 5min. the timeframe has crossed below the Signal line.
SL- Slightly above 20ema
Target, nearest swing low.
Risk reward is attractive at around 3.
ULTRATECH CEMENT - SELL _ TARGET - 7300This is a perfect sell, considering how the overall market is. There is a bearish engulfing candle on the daily chart, signalling bearish reversal. Also a fake breakout and is back in the channel. RSI and MACD is also signalling weakness.
Risk to Reward is also favourable.
Best of luck :)
Motherson sumi for short sellTrade based:
Weekly sideways.
Hr tf if market break the support then we can expect a fall in upcoming days. (either it can retest or not)
HDFC AMC, Short Sell, Target 1 - 2500, Target 2 - 2350It has broken a weekly and a daily support. After the breakdown, support acted as a resistance and now has taken a continuation towards the south. Short build up is also visible. Supported by the selling in the overall market, this could be have a good downside potential.
Best of luck :)
Tech Mahindra, 26 May 2021 - Intraday SetupTech Mahindra can be used for a good short set position depending upon the price action. The closing price today (25 May 2021) was at a very interesting point. At 15 min time frame, it closed below 50 EMA but took support from the trend line. Short intraday position can be taken if a 15 min candle closes below the trendline with a target till 200 EMA and stop loss just above the 50 EMA.
Note: Please do not follow my idea blindly, analyze yourself as well. I just share my idea so that people can build upon the same. The idea I share is open to healthy criticism and feedback :)