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Shortselling

A SHORT TRADE SETUP - NIFTY50NSE:NIFTY ❇️ Good trade setup in Nifty50. ❇️In daily time frame there is continuous buying. From straight 14 days. Not a single candle closed in red. ❇️ Now as per the pmi data of us. (Ecomomy) Above estimate which is not good for the us markets. Thats why dow jones crash more then 700 points. And nasdaq slip over 600 points. ❇️ Nifty forming symmetrical triangle pattern in 15 mint chart. As per the gift nifty shows 120 points down we can expect a down fall from this pattern. Wait for 5 mint candle closing near entry point. ❇️ Stopploss should be slightly above previous closing. ❇️ Achievable targets are. 25155-25125-25025. ❇️use your trailing stopploss after seeing profits. 👉🏻 @thetradeforecast 🇮🇳
NSE:NIFTYShort
by thetradeforecast
1
GOLD 27/6!! The bulls are still trying to hold the price around Gold price struggles to make any significant progress on Tuesday and trades within a narrow range, just above the $1,920 level during the Asian session. The XAU/USD pair remains close to a three-month low reached last Friday and could potentially drop below the 100-day Simple Moving Average (SMA). The upside for Gold price is limited by the hawkish stance of major central banks. The initial market reaction to the failed mutiny in Russia over the weekend was short-lived due to the strong stance taken by these central banks. It is important to note that the Reserve Bank of Australia (RBA) and the Bank of Canada (BoC) surprised the market by raising interest rates by 25 basis points earlier this month. Additionally, the European Central Bank (ECB) raised rates to the highest level in 22 years last week. Furthermore, the Bank of England (BoE), the Swiss National Bank (SNB), and Norges Bank increased their benchmark interest rates last Thursday. Gold price prediction today is still sideways around $1910 - $1950, the downtrend still prevails SELL GOLD zone at: $1940 - $1943 SL $1953 Based on technical analysis indicators EMA 34, EMA 89 with strong resistance zone $1940 - $1943
OANDA:XAUUSDShort
by DNA_TradingFX
14
BIKAJI FOODS INTERNATIONAL : SHORTUnited States Based FMCG Company , listed in Nov 2022 is Still waiting for price correction. The subscription stock value which was Rs. 285 jumped to 450 within 3 days and since then there is continuous fight for Price correction. We can see the triangle pattern on the chart where the price was getting continuous rejection from resistance level @ 448.20 , However , the buyers were aggressively not letting the the price below pervious swing. However it seems that the stock has just broken the trend line and price correction may occur any time with break down@ 373.35. Good stock for Intraday Selling Trade in Bearish Market. The indicators are as under CMP : 373.35 MA50 : 392.44 MA200 : 355.02 RSI (14): 39.606 ADX(14) : 53.77 ( High Directional Strength ) ATR (14) :10.58 ( Less Volatile ) MACD ( 12,26) : -5.99 Although , we can not ignore the case of Break Out from this range, but I would prefer to with Shorting as the Stock is over priced and need their first price correction. Hence the probability of Break down is much higher than that of break out. Do Not forget to Boost if you like this post.
NSE:BIKAJIShort
by chakraveer1104
RAMCO CEMENT RAMCO CEMENT - Script has been trading in the range of 200 points for the last 6 months 1- every time it is coming and bouning from the same levels 2- Now it is making a perfect inverted cup & handle pattern which itself is a bearish pattern 3- Any trade whenever we take we do confirmation of the price action, however as of now it is not showing any clear breakdown signs 4- High probability that it will touch the same base which marked in blue color line @ all above are my personal thoughts and finding, and i am sharing y studies for the understanding purpose only, No buy and sell recommendations I shall do more and more for you all in the coming days Do subscribe and comment on the study if you like it, let me know your opinion as well
NSE:RAMCOCEMShort
by helloindia123
2
Trader's Roadmap Jan, 2022 - What I expect on Indian Market?Few market moves will destroy 99% of the Traders who are involved in them that why I arranged to give you a whole week or month of NSE's Perspective. The spot nifty hourly chart:"at an exciting juncture". it is difficult to say at this juncture for other analyst whether this upturn can be sustained. But, I'm going to share few important levels where you can take position or create a trade-setup. First observation should, the trend is down. By the looking at chart from left to right hand-side, the price is defining lower low(W,Y and Z) and low high (1X and X2). So I picked, Oct. 18605 high and Dec. 16410 low and found "Bullish Triple Zigzag corrective pattern". If you expect the trend is continue lower or downward, equality ratio can give you a important Resistance levels. After the ending of point of Z wave, ((w))=((y)) at 17574. The 17600 is equal of wave a and c but 17503 is first upcoming resistance a=c 0.789 ratio. Trend reversal key level wherein we need to reconsider our wave count : 17640 lower high. So, currently the is expected downward because the price is under 17640. If any of above resistances registered, the next first targets 17077 and ... Let's little attention toward the DJIA. Can we see new high on DJIA?
NSE:NIFTYShort
by Trade-Technique
18