Shortsetup
Coal IndiaCoal India is in a longterm bearish trend.
Trading near-daily resistance i.e. around 150
Positional traders can short with a stop-loss of 2-3 points and target of 20-25 points.
Intraday players can look for various shorting opportunities as long as coal India is below 150
BPCL: Chart view & strategyBPCL
CMP 350.5
- the stock has taken resistance exactly at 76.4% retracement at 355 odd levels
- given the set up one may consider to 370 Call option currently at 12
Lot size 1800
Max profit potential Rs 21600/- per lot (yield potential of 8% til 25 June)
In built loss protection for a rise up to 382 in spot price
Take care & safe trading.
Lupin short @925LUPIN
Lupin following a channel and heading towards the resistance area. Expecting a bounce back from the resistance.
CMP : 910.15
Entry Price : 925
Stop-loss : 930
first Target : 890
second target : 894
Good Candidate to ShortPrice falling right from 50% retracement, doji on daily. Can be sold between 130-131 with s/l 134 and target 118. R:R is more than 3:1
21014-73 key level to watch20590-30 another level to watch
expecting downside
week rally to up can be used to short the index
yesterdays fall was with good momentum
week rally seen with compression to upside
INFRATEL - SHORT below 220 INFRATEL is currently at strong resistance level.
Incase if breaks 220 levels, we can see furtehr downside.
Below 220 - > targets of 217/212/209/206
Add to watch list & trade as per trend.
Amaraja Battery, Short Sell CandidateAs shown in charts
1) Currently trading Near Monthly Resistance
2) Inside Candle Formed
3) Negative Divergence Spotted
If breaks 609, One can wait for target of 580 or more
Setup for Balkrishna IndustriesAfter a huge rally, retracement is expected, and this is a retracement trade
Overall, Balkrishna Industries is in an uptrend, so be careful
Information is given on the chart
This is an educational post
Grateful!🙏
SHORT BANKNIFTYI hope you can now see how the BANKNIFTY 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 favour.
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 CHART 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.
ShortGood area to go short + volume + no good support till target + target is around 50% retracement.
AUDNZD FORMING ASCENDING CHANNEL PATTERNWe can see an Ascending Channel Pattern being formed on AUDNZD Chart, Seems to be a possible breakout , Only trade after a Breakout of support and take profits of around 500 pips easily
AUDJPY WITH RISING WEDGE PATTERNWe can see a clear rising wedge formation on AUDJPY and there is a very high possibility of breakout of support, if it does then there is a chance of going on SHORT on this trade and get a minimum of 500pips in your pocket
NIFTY WITH HEAD & SHOULDERS FORMATIONWe can spot a clear Head & Shoulders Pattern Formation in NIFTY D1 Chart, I have used Heikin Ashi For clarity , u can even use it as your exit point as soon as it forms a bullish candle (red color)
Kotak Bank Short Trade SetupSell June Future Positional ~ 1178, 1185,
Stop ~ 1210, Target ~ 1050, Lot Size ~ 400
BAJF: Shorting Opportunity Around the Axis LineBajf had a strong sell of which drove it back below the axis line. There could be a possible short setup which i ll present on the lower time frame. For more information on the Axisline topic read my previous post.
Regards
Quick Shorting opportunity on 4 Hr Crude Oil with Risk of 2:1Beautiful shorting setup built on Crude oil 4 hour chart with risk of 2:1. There is a strong supply zone from $ 29.16 to $ 30.04 on 4 hour chart and oil is heading towards the supply zone. This supply zone has been tested only once till now and there is a strong possibility to reverse the trend on this price level one more time.
Short @ $ 29.10
Stop Loss @ $30.10
Profit Target @ $27.20
