CONCOR Short and Long Idea CONCOR gave support Breakdown and came to retest level
weak If going below 416.50 Level
Good if sustaining above 425.20 Level
Between these Levels is no trading zone.
Shortsetup
negative divergence in nifty50Negative divergence in nifty,
nifty may go sideways for a week
or some downside of 300 point ,
if break today high idea is negate
Short SailI hope you can now see how Sail represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Nifty: Follow up
Nifty
CMP 14605
Yesterday we had suggested a short when Nifty was at 14617 odd levels.
Going forward, Stop loss for the Short trade can be revised from the upper green trend line to 14686
Target 14433
Take care &safe trading...!!!
Stock looks weak below 3580NSE:BRITANNIA
Stock after a small up-move has been consolidating for the last couple of days and has now formed a head and shoulder pattern on an hourly chart and looks like it might head lower from these levels if stock trades below 3580
Below 3580 the stock might slide lower towards 3550/3510 levels SL can be placed above 3620
Ideas shared are for educational purpose only.
Gold price dropI predict the price of gold is destined to drop major levels in the upcoming days/hour.
Stock appears weak and can slide to lower levelsNSE:HINDUNILVR
Stock appears weak it has been making lower highs and has also given away its support around 2360 levels which it was holding for the last few trading days.
Below 2350 the stock can slide down towards 2300/2280/2250 levels as long as it trades below 2390
Ideas shared are for educational purpose only.
M_MFIN short ideaM_MFIN price failed to create new High
Weak below 187.50 Level
This view negates above 191 Level(Then Levels will change)
ADANIPORTS long and short ideaADANIPORTS is in uptrend making HH and HL
Zones has been marked on chart
wait for Pullback in case of taking trade.
Trendline support break on APOLLOTYREThe stock has broken down from a trendline support and looks bearish in the near term. Traders can look to go short on a pullback to
189.85 levels.
All other levels mentioned in the chart.
Always keep a tab on the broader market conditions while trading. DO NOT GO SHORT IN BULLISH MARKETS.
Short HDFC, probable top at 2750HDFC has completed the impulsive move and is likely to top out at 2750.
Only when break the trend line, correction would be confirmed.
LOOKING AT SELLING GBP/USD FROM 1.35675-1.35700Trend BULLISH : we have been in a long term uptrend since the Start of last march we have been making higher Highs on the higher timeframes so we are currently very bullish this is us going against the trend but we can see that we have a gap below that hasn't been filled and also we can see on the lower timeframes that gu has now started its pullback on the higher timeframes like we have been in a strong up trend for some time we are due a pull back
On the lower timeframes we can see a change of trend with ma's crossover also we are being supported by a bearish trend line on 30 minutes chart we can also say we are now starting to make lower lows on the smaller timeframes so we can look for shorts from the best price possible
Looking at selling gu from the area of 1.35700 we have an imbalance in this region this also lines up with the 61% fib which could mean we could see some reaction from this area we have a trend line just above that could act as some resistance
SELL LIMIT 1
ENTRY - 1.35700
STOP LOSS - 1.35850(15 PIPS)
TAKE PROFIT - 1.34500 (120 PIPS)
R:R ; 1:10
REASONS FOR SELLING GU
1. lower/lows (15/30)
2. imbalance at 1.34500
3. descending trend line (bearish) 15/30
4. daily close looking to be bearish (4th day in a row)
5.dxy now looking bullish for the time being
6. p= sells also
IF PRICE BREAKS ABOVE 1.35850 THIS TRADE WILL BE INVALID
We have two targets one of 1.34500 and also 1.33700
BALKRISHNA INDSnext leg of rally can see ZzZoon...1800 level very easy for the stock..expecting it in coming sessions
Watch Descending Triangle & M Pattern Break-Out in "Reliance"Reliance , forms "Descending Triangle Pattern" on Daily time frame as well as Looking for completing "M" Formation too.
Above I gave all the details with Stop & target & this could be a nice opportunity for those who want Bears on their side.
This Trade could take time to complete 1:2 ratio, but Those who looking for 1:1 can get in this month only.
you can also research it and post it in the comment section.
Apollo Hospital Multiple Trades, both Long and ShortPossible Gartley Formation:
1. Risky Traders: Can take Short Position @ CMP(2406) to 2427 and anytime below these levels as well:
A. Target : 2339/2340 (Which is a pivot point as well, further better target)
B. Stop Loss : 2430/2431
2. All Traders: Can Take a long position from 2339/2340:
A. Target 1 : 2383/2384, Target 2: (Will be updated later, once trade is ativated)
B. Stop Loss : 2323/2324
NOTE:
1. Very high reward with very low risk in both the trades.
2. Apollo Hospital follows harmonic patterns most of the time, backtested from previous 2 years data.
3. This Post is for education purposes only.
AXIS BANK WEEKLY ANALYSIS.Axis Bank testing the upper line of the channel. now we are looking for a bearish wave to the lower line again but we need more confirmations... another update soon.
Short Nifty Near CMP AS ON 28/12/2020Short NSE:NIFTY once the 1st fifteen minute candle close other side of Daily Trendline (Blue Line)
SL: 13800 (Above Major Resistance),
Targets: T1:- 13650,
T2:- 13550,
T3:- 13450,
JACKPOT:- 13350, 13250.....
Note:-
1. Please book your Targets near the points not at exact levels.
2. Stop loss should & must be there. Once the price level cross the T1 and sustain, you may trail your SL on entry price to secure your trade.
3. Avoid making Large positions on LEAVERAGES. It is a dual bladed sword; May enhance your profit but can dig you to the great losses too.
Be alert & Happy Trading.
Educational Purpose Only
JINDALSTEL BreakdownJINDALSTEL gave Flag breakdown after getting rejection by fibo level
Looking weak below 257.50 Level , Gap down can escalate selling pressure
View negates above 268 on the basis of candle close
