PERFECT SELL IN THIS SHARE FOR 2 REASONS.. 1- Take resistance from its resistance level. 2- make DOUBLE TOP PATTERN.
PERSISTENT SYSTEMS has reached the supply zone with no major retracement move and formed an inside candle with the low of the candle being broken today. A strong bearish candle in the making which is indicating confirmation to go short side trade. Short side trade via put option or short future with buying call as hedge makes sense. SL 4964 tgt 4560, 4460
Wait for breakdown. Follow strict risk management because there can be manipulations SL above the zone.
cleared major internal liquidity. Bos in 15 min chart. Heading low!!
Titan has been trading in a range for the past few trading sessions. RSI and MACD are indicating weakness. Keep it simple. Two levels are marked. the trade will be activated once it breaks the nearest 30m candles low marked on the chart. It's always good to wait for confirmation. If it goes as expected and the price breaks the lower line, wait for it to retrace...
4350 if break this level then we will go short in.this trade
Hi Folks ! USDINR is now seen in a crucial level near 76 * It has retraced only 38% from recent dip * Retest done at previous breakdown level which was also a support level earlier * Price also can be seen moving in a downtrend channel and now is at the upper level, having room to move downwards till the lower level * Chart pattern : If we look at this...
Perfect Set up for a short trade Sell Maruti @ CMP 7430 SL 7550 Target 7000
COAL India Stock at a recent high on the weekly chart will correct before further upside moves. So Short Call if 177 level breaks with SL of 182-185 levels Can be look for Intraday with 5min Chart for SL levels ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade
Sell at 37590 with Stop-loss of 37890 and Target of 34340 For educational purposes only.
I believe we are headed towards a big dip as institutional investment is focus on commodities right now. Fundamentally and technically this might indicate a dreadful shortfall. I am open minded about pumps because they can come from anywhere but for that I have drawn the tops of this bear cycle. Please research before you make any decision. Thanks
GBPAUD is currently at a very good supply zone. It should drop to next demand area what do you guys think about this.
EURJPY currently a very good sell zone let's wait & see hoe market react in this analysis .
Bajaj finserv looks fantastic short, this stock is within a range and created a distribution phase and running towards panic phase .we can sell bajaj finserv put options ,or can make spreads .
CHOLAMANDALAM INV SELL / Short below 590 levels for targets of 550 / 520 /500 SL would be 650 on a Daily Closing basis. Note:- In case of Gap Up or Gap Down; avoid above setup. Above levels for education purposes only. Do your own analysis before taking any trade.
NSE:BANKNIFTY accoding fib extention if break 34000 lvel we ll see 33500 to 32900 level in coming week..if we further break 32400 level we ll head towards 30700 which is ultimate stop for march end to mid april . we area now below 200 SMA which negative sign...view is negated above monthly R1 level. its for educational purpose n plse consult your FA.
The last 30 min trading on Nifty50 was incredible, many retail traders went long thinking that bottom is in or price or trend has changed, but this looks like a retest of the ascending wedge pattern on 1H, also the Elliott Wave count shows that the down trend is still pending. During this volatility we can not anticipate what will happen today but following simple...
The weekly candle of Nifty closed below 16300 and appears weak now. Elliot correction waves can take Nifty to 14800. Can go short if Nifty closes below 16200 in the daily chart.