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Shortsetup

BANK NIFTY - TIME TO SELL & RUN AWAY ?Symbol - BANKNIFTY CMP - 51720 BANKNIFTY is following a rising channel & headed towards its higher end. Currently It is trading 51600 - 51750 & trying to break it on upside. According to my analysis, BANKNIFTY will face strong resistance around round level 51500 - 52000 which is also upper end of the rising channel. In case it breaks it on upside, A breakout fail scenario is highly likely. I'm expecting Nifty Bank to show a reversal from these levels & It may witness a strong profit booking. Hence I am creating huge short positions in Bank Nifty July Futures at CMP 51720 I will add more position at 52000, if comes & will hold with SL of 52200 Targets I'm looking for on downside will be 49260 - 48000 & In case If it breaks this rising channel on downside, We may see huge fall till 45500 - 45600 which is the ultimate target if any major correction happens. RR is very favorable here. That's why taking more position than usual. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:BANKNIFTYShort
by akshit_official
Great Shorting opportunity in ABBABB is around the Long Term Resistance ABB is up almost 1200% in last 4 years ! Which is very extraordinary. If we analyse Monthly timeframe analysis then we can clearly see Stock is around the long term channel Resistance. Resistance is coming around 9200-9300 Also to confirm the same resistance, on a Daily timeframe we can see Rising channel which is seems working and stock is around the resistance. Right now stock is around 9200-9100 and if stock falls from the highs then we can expect stock to come around 7200-7300 Thank you !! Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
NSE:ABBShort
by FiveCircles
VOLTAS LTD[cup&handle] VOLTAS LTD (NSE), we see a clearer depiction of a potential "Cup and Handle" pattern, which is a bullish continuation pattern. Here’s a detailed analysis of the chart Cup and Handle Pattern - The chart shows a cup-shaped curve followed by a slight downward handle, indicating a bullish continuation pattern. - The breakout from the handle signifies a potential upward move. Target Levels - **1st Target (1st TRG)**: The first target is around 1800 INR. This is a near-term resistance level where traders might consider taking partial profits. - **2nd Target (2st TRG)**: The second target is around 2400 INR, which aligns with the measured move from the depth of the cup. . Volume - The volume shows an increase during the breakout, which supports the validity of the breakout and the continuation pattern. Buy or Sell Considerations Buy Consideration: If you are looking to buy, entering around the current price (1534.25 INR) or on a slight pullback to the breakout level would be ideal. Sell Consideration: - Partial sell or profit-taking around the 1st target (1800 INR). - Full or additional sell around the 2nd target (2400 INR) if the stock shows signs of slowing down or reversing. The Cup and Handle pattern indicates a bullish outlook with a strong potential for upward movement. - Consider buying around the current level or on a pullback. Always ensure to monitor the volume and market conditions, and use stop-loss orders to manage risk effectively. for MORE check in my TradingView ID "https://in.tradingview.com/u/asAMOLSUTAR/" If You LIKE MY Idea ......Boost. 🔥🔥🔥..its. "Disclosure: I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏🙏
NSE:VOLTASLong
by asAMOLSUTAR
AUBANK TRIPLE BOTTOM SUPPORTAUBANK CMP 669 Formed a TRIPLE BOTTOM support at 635 and bounced strongly But, Now small resistance is 690--700 If sustained above it can pump upto 720 / 740 / 760 / 780 WITHIN SHORT TERM ---------------------------------------------------------------------------------------------------------- But recently there was a huge gap up in this stock around 23rd april.... This gap filling is pending.......... So below 630 this GAP can be FILLED.... AND 575 WILL SUPPORT AUBANK TO BOUNCE ---------------------------------------------------------------------------------------------------------- Regards... Keshav.. 05/11/2023
NSE:AUBANK
by Harmonics4Life
medium term shorting opportunity in InfosysHi, NSE:INFY has given a bearish flag breakout on weekly charts with very good volume. MACD is also on the bearish side on Weekly and Monthly time frames. RSI is also on the bearish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the current momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Election outcome this week, so position yourself accordingly. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:INFYShort
by raigvivek
2
LT - Positional Short SetupCMP 3658 on 29.04.24 The chart explains the support and resistance areas in recent sessions. According to the scenario, if the stock does not sustain above 3730, may go weak in the next few sessions. One should sell between 3650-3700. Targets are mentioned on the charts. This setup fails if the price sustains above 3730-50. One has to plan the position size and the exit plan wisely. This is only for learning and sharing purposes, not trading advice in any form. All the best.
NSE:LTShort
by anandlive