Shortsetup
India Bulls Housing FIn. Trend Analysis & Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 4-6 times.
TATA MOTORS ready for a crash. Sell on rise.it has given a breakdown with confirmation. at 3 month low.
Retest of 120 levels possible.
200 DMA will act as a strong resitance (163 is a good stop to hold)
Everything about from 2000 to 2020.Two days ago I told you clear and clear that there is "No help for nifty" . Last today I am updating for nifty "Don't take long position in nifty because there is still no any sign for positive"
I think that we will see here a false breakdown, therefore be careful about long side till.
You need patience for the downfall.
This the close updated NIFTY:
Below link has complete story of NIFTY from 2000 to 2020 in divided in 4 charts.
Nifty Close Below 200 EMANifty Levels
Buy Nifty Around ~ 11625 With Stop ~ 11580, Target ~ 11670
Sell Nifty Below ~ 11580 With Stop ~ 11620, Target ~ 11530
Sell Nifty If Gap Up Open Around ~ 11680 With Stop ~ 11720, Target ~ 11630
Short Jindalstel for a target of 164The stock is in bearish mode and expected to continue the same for coming days
Hdfcbank , looks weak , may touch 1160/70 in coming up days, Hdfc Bank - looks weak currently may touch 1160-70 in coming session , need to be cautious.
Short WIPROWipro has made a symmetrical pattern and it broke down but tested back again
STOPLOSS - top of triangle
Short ACC Below 1442 with a stop loss of 1450 Target 1415ACC was trading in downward direction for the last three session and now it has given closing below the support area of 1442. It's a perfect short for 17.02.2020 if its trade below 1442.
Short Reliance Short Reliance. Support line at 1500 was broken on 24th jan, retested yesterday and selling seen. We could see a range trading few days at this level. But should short anywhere at 1520-1530, with SL of 1564.
High Probability trade!
SHORT @ICICIBANKGood test of the resistance level.
ICICIBANK likely to go down from here.
STOPLOSS - Little above the resistance are
TARGET - If the move is slow, wait to run for some sessions but if the move is very quick, beware of sharp reversals
Cadila Healthcare (4 hrly chart)1. Taking Resistance at trendline.
2. Bearish engulfing Chart pattern.
3. Negative divergence on MACD
DLF ShortDLF Short 4 hourly Chart
1. Double Top pattern
2. Dark Cloud Cover Pattern
3. Negative MACD Divergence
4. Very Short Stoploss.
Nifty Intraday ZonesIf the breakout is successful, one can buy in lower time frame; if it fails then short the breakout failure
Bank Nifty Head and ShouldersBank Nifty can form Head and Shoulders pattern.
Be cautious if you are going Long.
Put stop loss Below Neckline or wait to short below neckline.
Nifty (The Trendline Resistance)The chart speaks for itself.
CMP - 12250.
Reversal around - 12400/12350.
Target - Minimum 1000 points (Not immediately but definitely)
Reasons:
- Nothing good fundamentally
- Global slowdown
- Too many overvalued companies
This is just my point of view. Please do your own research before initiating any trades.
2020-01-21: BIOCON: SELL ONLY AT 299Please consult your financial advisor before taking a position in this.
SELL BIOCON at 299 with Stop-loss of 305 and Target of 286
