Shortsetup
Sell call at 4000, naukri - infoedgeinfoedge or naukri can be sold by selling call (CE) at 4000.
Rationale: Weak tech and weak nasdaq, unjustified recent rally in Infoedge. Current P/E ratio is 60, ideal P/E for naukri is 30.
Target for infoedge / naukri (immediate): 3000
None of my previous targets on tradingview have missed, including report on Adani.
Purely fundamental analysis. Price action makes no sense in such scrips.
GRASIM SHORTENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Bajaj Auto Formed Shooting starBearishness appears overpowering the stock fueled by weak sales data for entire Q4, when compared to YTD.
6th April's candle indicating bears in power with long wick, which is also coinciding with Harmonic Potential Reversal Zone with some buffer points.
With Above the High of 6th April as SL, downside moves may be witnessed on chart in coming sessions.
Let's see.
Range Breakout Failure on the Daily! EURUSD Short.Hello Traders!
1. We see a range made by the EURUSD market on the daily timeframe.
2. There was a clear breakout with the closing of the breakout bar way above the range.
3. A bearish inside bar was formed right after it.
4. Market has also tested 88.6 per cent fib.
5. Once the low of the mother bar (breakout bar) is broken, we can see movement downwards till the market orange zone.
6. Remember, this is on the daily timeframe, so delivering the target may take some time.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
FTM Short right now.
FTM giving a sell signal now declining right above the downtrend line.
For now making the wick inside the downtrend line. You can still enter at market price.
The risk reward sounds too good to be true. I'm in, if it breaks upwards, I'll come out quickly.
In my reading it is 60%-40% in favor of the bears.
Trade with your face on the screen, at 2 hours you can still wait for the candle to close to confirm, of course.
Not a financial advice.
DYDX Short but not right now...
2 fractional sells near the main downtrend line of this symmetrical triangle, in yellow.
The safest order is the stop limit where the trigger price on the white line opens the trigger for sales on the red lines.
The exit at the bottom of the symmetrical triangle, bullish trend line, is also in yellow.
You can have a 1 exit in 1 to 1 or in the volume areas where my suggestions for exits are and then place the operation at breakeven.
Not a financial advice.
COAL INDIAHi guys, In this chart i Drew My Best Levels in COAL INDIA for short position using 15M Time frames....I am in a downtrend right now so shorting is better, I found a good level here. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Nasdaq 100- Double TOP!Attached: Nasdaq 100 Daily Live Price Chart as of 28th March 2023
Pretty Straightforward Chart:
- Price rejects for the 2nd time at 0.382 Fib, this is a Double TOP Sell Signal
- Elliot Wave Count shows Corrective Bounce complete in form of WXYXZ with C wave of Z being an Ending Expanding Diagonal
- Price puts in a Higher High but RSI puts in a Lower High, aka Divergence
Holding below the round figure level of 13000,
the Nasdaq (NDQ) is a SHORT
for a Downside Target= 11700 & below...
Live Nifty Trading :-Maximizing Your Profits If you're looking for a potential short trade setup in Nifty, using price action analysis could be a useful approach. By analyzing the price movement on the charts, you can identify key levels and patterns that may indicate a potential trend reversal or pullback.
One possible short trade setup could be to wait for a bearish candlestick pattern to form at a key resistance level. This could be a shooting star, a bearish engulfing pattern, or any other bearish candlestick pattern that you are familiar with.
Once you have identified a potential setup, you can use appropriate risk management techniques, such as placing a stop loss above the resistance level, to limit your potential losses if the trade goes against you.
Remember, trading always involves risk, and there is never a guarantee that a setup will work out as expected. It is important to always practice proper risk management and to only risk what you can afford to lose.