IDBI resumed Fresh shorts today on NSE. Indicating stock is unable to cross its recent high of 63. Sell IDBI at 61.40 with SL of 63 and Target of 58.70
Nifty cmp 10871 Initiating intraday shorts in nifty with stoploss above 10896
targets 10845 and lower
ESSENTIALLY A COUNTER TREND TRADE WITH HIGH RISK
keeping trade size small due to the complex corrective
trade conditions are not ideal---thus smalll traders should avoid trading
unless u can monitor in real time DONOT take this trade
DERIVATIVE TRADING IS A ...
BALRAMCHI is unable to take out its previous highs which suggests its a Shorting Opportunity.
Sell BALRAMCHI at 73.25 with Stop-loss of 76 and Target of 62
BANKNIFTY is unable to take out its previous high, with huge selling pressure above 26600. making it a SHORT SELL Candidate, SELL BANKNIFTY around 26450 with Stop-loss of 26305 and Target 1 at 26305 and Target 2 at 26080.
These calls are purely based on Technical analysis. Investing in these calls requires self decision or advise from a financial analyst. I am not ...
NIFTY CMP 10780 SPOT, INITIATING SHORTS IN NIFTY WITH STOPLOSS 10857
PLEASE READ
1 counter trend trade =very high risk
2 positional trade
3 All prices spot
4 Small traders should NOT take such trades
5 It may not be possible to post Updates in real time
BPCL cmp 409.8 initiating positional short trade in bpcl with target of 395 and lower,stoploss 318
all prices spot
Please do careful risk calculation before taking trade
All positional trade carry huge overnight risks due to news flow.
Not for small traders
Derivative trading is a high risk activity ,there is no guarantee of trade being profitable
M&M has been in uptrend due to good results for few days
Whenever it makes tweezer top near trendline, tends to come down looking at history
Candlestick - Tweezer Top
MA- Price may take next support on 10 DMA
Volume - Good selling volume last day
RSI - Negative divergence from oversold
Reliance cmp 916 Initiating positional shorts in reliance with stoploss above 934
Trgt 880 approx
all prices spot
trade instrument june futures
trade quantity will be less than usual because of lack of direction in index
positional trade carries huge overnight risk -
NOT for small traders with capital 1-2 lakhs .
Might not update trade in real time so ...
Initiating nifty shorts at 10680 ,looking for target of 10650 and lower
stoploss will depend on developing 30 min charts
intraday trade all prices spot
please note
due to time constraints i may not post the trade results(exit) in real time
plz monitor trade in real time
DO NOT trade if you are not able to monitor in real time
Strict stop loss should be ...
KSCL Has broken down today on NSE with more than 4 times its average volume just below ichimoku cloud. which signals a sell.
Since markets are volatile, it would be good to enter sell position on KSCL around 480 with SL of 495 and Target of 455.
Profit booking may start now since stock has been in uptrend for some time.
RSI : Overbought
Candle - Bearish Harami
MA - Stock may retrace upto 10 DMA (1940 - 1960)
Retracing from recent high
RSI - Negative Divergence
Candle stick - Negative after bearsih engulf yest
MA- Will possible take support on 10 DMA after some retrace for 1/2 days
Entry - Below 151
Targets - 147 / 145
NIFTY cmp 10695 -initiating shorts in nifty
Targets ----10625 and lower
Stoploss -depending on developing price action
1 a high risk countertrend trade-----NOT for small traders
2 No stoploss given it will be decided by developing price action -----thus risk increases considerably
3 this trade might involve adding positions at various levels so actual cost ...
