Shortsetup
ICICI Bank Correction expected now.NSE:ICICIBANK
ICICI Bank has touched the upper line of the channel and forming (in process) bearish candles. This may lead stock correction towards 453-457 level.
May create Short around 487 level with SLTP around 500.
COCHINSHIPYARD IS IT TIME TO BOOK OUT COMPLETELYCOCHINSHIPYARD LTD.
CMP : 407
BOOK OUT PROFITS AT 440-455 RANGE.
WAIT FOR FRESH BUYING. START BUYING IF AND ONLY IF PRICE SEEN ABOVE 480.
FOLLOW ON TWITTER @DTCLST
VOLTAS : SHORT IF SUSTAINS UNDER 690. NSE:VOLTAS
Can look for shorting opportunities if it sustains under 690. Upside resistance is 700-705.
If it fills the gap made on 27-oct-19 opening, then chances are it can go up, otherwise will look for downside under 690.
Bearish divergence in last two weeks.
Says we can see downfall in next 4-5 sessions.
1st profit booking under 690 is 675. For upside sky is the limit as it is playing near all time highs.
Results are almost neutral. However they are not negative also, so we will be cautious by that point of view.
On option chain too, people are looking bearish 640 being a big support & 700-720 being major resistances.
On intraday basis, short term moving averages 13+21 are touching price indication the weakeaning of trend.
However long term moving averages are below price being a stability for it as of now.
ADX is declining indicating trend turning weaker.
DMI+ & DMI- converging, coming closer. Once DMI- crosses above DMI+ & ADX crosses above 25, short signal will be confirmed and generated.
MACD also crossed below 0 and sell signal already generated at 695-698 levels.
Best is to wait for either 690 to be crossed & sustained or 700-720.
CENTURYPLY LTD 4 HOUR WOLFE WAVE CHART CENTURYPLY LTD 4 HOUR WOLFE WAVE CHART
STRONG SELL SETUP IN CENTURYPLY LTD BELLOW 178
SELL AT 172-174 TIGHT STOPLOSS 178 TAKE PROFIT 162 & 152
All information is for educational and informational use only
CDSL WAIT FOR 250 FOR FRESH ENTRY.CDSL - CENTRAL DEPOSITORY SERVICES LTD.
CMP : 234.
BUY ONLY IF SUSTAINS ABOVE 250.
CAN TAKE SHORT POSITION WITH 250 SL INTRADAY BASIS.
CDSL COULD DRIFT LOWER TO 160-180 OR MUCH LOWER, IF 250 NOT TAKEN OUT IN COMING SESSIONS.
TRADE CAUTIOUSLY.
BETTER BOOK SOME PROFIT AND WAIT FOR 250 TO CROSS FOR FRESH POSITIONS.
RSI Divergence & Bearish ButterflyRSI Divergence is clear on the weekly charts and is supported by bearish butterfly formation. A good short opportunity
Manappuram short nov2019Ok so this rectangle size box is only hope for this stock to continue this upside momentum, I will look to short below this box and this looks good for 8-10% downside move. Actually I was long in this and just got a good exit today now suddenly it is looking good for downside too and I thought why not. Let’s see..
And guys please do your own study before any trade, I do this to record my trades only..
Biocon Repost !!!6th hourly candle near resistance zone ,Patten is completed, chances are high we are reaching first target
Icici bank ShortFor intraday long position
Price is heading toward resistance zone
Short it at completion of bat pattern .
Entry mention on the chart .
Axis bank sellBlack box is possible prz
In cup consolidation I don't trade for bearish bat pattern
If you want to play your chances , then here it is your set up
Biocon sell it !!Key resistance zone
Bat pattern completion on higher time frame
Would see some major pullback soon
Stop loss should not obvious
Follow if analysis is working or comment If not
Suggestions are welcome !!!
Just here spread good message among trading community
