Manappuram Finance - 18 Points in 12 daysManappuram moves upward with good support.
Currently, we can notice that it is in uptrend from its support level of 175.
The price can move further up to 198 in 12 days time frame and then have a resistance to move further.
Call for buying Manappuram at 180 and sell as soon as it hits 198 ( Max time frame 12 days)
Disclaimer- These are my personal views and not a trading advice. Do your research before trading or investing. I/we are not liable for any loss that may occur. Trading involves high risk and should be done cautiously. (Also, enjoy the process, with every Gain/ (Loss), you get some insights which should be analyzed in detail and taken a note of. Let's grow together as a community and spread knowledge.
Shortsetup
MGL - Uptrend from 995/1000Here, i think that there is a potential upside in MGL (Short position) - 20 Days.
The price currently is Rs .1014 and i expect that by 5th February 2020, the price should touch Rs .1092
The trendline has been strong for MGL .
If you open the daily chart of IGL , you'll notice that there has been a good support to upward movement.
Disclaimer- These are my personal views and not a trading advice. Do your research before trading or investing. I/we are not liable for any loss that may occur. Trading involves high risk and should be done cautiously. (Also, enjoy the process, with every Gain/ (Loss), you get some insights which should be analyzed in detail and taken a note of. Let's grow together as a community and spread knowledge.
Dabur TRade 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 to 8 times.
MOTHERSUN SUMI is creating a head and shoulder pattern, SELL?Please let me know the position so that I can guide you better.
Researched for U-Turn for nifty.Researched for U-Turn for nifty.
Intraday Resistance 12349
2nd channel Resistance 12386
Last and final main channel Resistance 12448
We have plotted GAP, channel layers (0) to (3), Initiated move and responsive move on the spot nifty chart.
As per channel layers, traders can make 3x to 5x money from trade setup by using Option Trade (PUT).
Weekly chart view:
HDFC (Short Opportunity)Stock been rallying since past few days. Time for some profit booking, the trendlines are good area to look for shorts.
Nifty: Chart set up and trading view for NiftyNifty
Closing Price 12073
- this is an hourly chart for Nifty
- Nifty has been trading between red parallel lines for most of the time
- it saw an extension on the lower side around 14th November but managed to stay within the broader green parallel channel
- now it is in the extension zone on the upside
Strategy
Look for selling opportunity if Nifty does not breach 12120 on the upside
Target for the current set up 12009 / 11965 / 11880 /11786
Pattern gets invalidated if Nifty closes above 12120 on hourly chart
Take care & safe trading...!!!