US DOLLAR INDEX - TRADE IDEA ON SHORT SIDESymbol - DXY
DXY is currently trading at 105.57
My reversal setup has formed in DXY & I'm seeing a trading opportunity on sell side.
Shorting DXY at CMP 105.57
I will add more position if 106.00 comes & will hold with SL 106.30
Targets I'm expecting are 104.75 - 104.30 - 103.73 & below.
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!
Shorttradesetup
DXY - TRADE OPPORTUNITY ON SHORT SIDESymbol - DXY
DXY is currently trading at 104.72
My reversal setup has formed in DXY & I'm seeing a trading opportunity on sell side.
Shorting DXY at CMP 104.72
I will add more position if 104.45 comes & will hold with SL 104.75
Targets I'm expecting are 103.25 - 102.75 - 102.15
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!
HEAD & SHOULDERS PATTERN IN NIFTY. TIME TO SELL AGAIN ?Symbol - NIFTY50
CMP 24800
Nifty50 has turned its trend from bullish to bearish & sideways making lows - lows on daily time frame. We can see a Head & Shoulders pattern getting formed on daily TF in Nifty. Such patterns on larger time frame don't usually fail. Nifty is currently trading near neckline of this pattern. Breakdown & sustaining below this neckline zone 24730 - 24690 will get this pattern activated & we can see big target towards downside.
Target on downside can be 23370
P.S. : My short position is already active from 25000
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!
MCX COPPER - TRADE ON SHORT SIDESymbol - COPPER1!
COPPER1! is currently trading at 854
I'm seeing a trading opportunity on sell side.
Shorting COPPER1! Futures at CMP 854
I will add more quantity at 860, If comes. Holding with SL 868
Targets I'm expecting are 837 & 817
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!
USDCAD - SWING TRADE IDEA ON SHORT SIDESymbol - USDCAD
USDCAD is currently trading at 1.3847
I'm seeing a trading opportunity on sell side.
Shorting USDCAD pair at CMP 1.3847
I will add more quantity at 1.3880, If comes. Holding with SL 1.3910
Targets I'm expecting are 1.3765 - 1.3715 & 1.3662
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!
POSITIONAL SHORT TRADE IDEA IN DOW JONES - US30Symbol - DJI
DJI is currently trading at 43245
I'm seeing a trading opportunity on sell side.
Shorting DJI Futures at CMP 43245
I will add more position if 43500 comes & will hold with SL 43750
Targets I'm expecting are 42370 - 42000 - 41500 - 40640 & 40350
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!
SHORT TRADE IDEA IN GOLD - XAUUSDSymbol - XAUUSD
XAUUSD is currently trading at 2733
I'm seeing a trading opportunity on sell side.
Shorting XAUUSD at CMP 2733
I will add more quantity at 2747, If comes. Holding with SL 2760
Targets I'm expecting are 2704 - 2687 & 2674
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!
SWING TRADE IN BITCOIN - TRADE ON SHORT SIDE FOR HUGE PROFITSymbol - BTCUSDT
BTCUSDT is currently trading at 68200
My reversal setup has formed in BTCUSDT & I'm seeing a trading opportunity on sell side.
Shorting BTCUSDT Futures at CMP 68200
I will add more position if 69000 comes & will hold with SL 70300
Targets I'm expecting are 65920 - 63300 - 60875
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!
GOLD - BEAR ATTACK SOON ?GOLD is growing unpredictably towards ATH. The market did not react in any way to last week's US fundamental data and now the price is not reacting to strong levels and liquidity zones. Ahead of ATH after 3 weeks of forming.
Investors remain cautious as the US Fed is expected to follow a path of moderate interest rate cuts (skipping a cut in November, or a 0.25% cut).
The gold price is actively supported by the tense situation in the Chinese markets and lower US Treasury yields, which helps the gold price to take another leap towards the ATH.
Now all eyes will be on Thursday when China holds a press conference and the US retail sales report is released.
Resistance Zone : 2680 - 2688
Support Levels : 2664,2658,2645
Technically, I don't think that the market will let the resistance breakout happen the first time. The pullback from 2685, formed 3 weeks ago, was made on the back of strong economic data, so the huge pool of liquidity above 2685 can be defended quite aggressively by the bears.
Technically, there are no signs for the continuation of growth. They may appear after the retest, but it will become clear after the fact.
P.S. : My short position is open at CMP 2680 with SL 2702.
AUDMXN - SHORT TRADE FOR HUGE PROFITSymbol - AUDMXN
AUDMXN is currently trading at 13.32
I'm seeing a trading opportunity on sell side.
Shorting AUDMXN pair at CMP 13.32
I will add more quantity at 13.50, if comes & Holding with SL 13.65
Targets I'm expecting are 12.91 - 12.40 & 12.00
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!
BAJAJ FINANCE - SWING TRADE ON SHORT SIDESymbol - BAJFINANCE
BAJFINANCE is currently trading at 7800
I'm seeing a trading opportunity on sell side.
Shorting BAJFINANCE Futures at CMP 7800
I will be adding more position if 8000 comes & will hold with SL 8220
Targets I'm expecting are 7450 - 7225 & 7050
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!
BANKNIFTY - SHORT TRADE FOR HUGE PROFITSymbol - BANKNIFTY
BANKNIFTY is currently trading at 53920
I'm seeing a trading opportunity on sell side.
Shorting BANKNIFTY Futures at CMP 53920
I will be adding more position if 54400 comes & will hold with SL 54720
Targets I'm expecting are 52800 - 51800 - 51100 & below.
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!
NIFTY50 - TIME FOR A SHORT TRADE?Symbol - NIFTY50
NIFTY50 is currently trading at 25905
I'm seeing a trading opportunity on sell side.
Shorting NIFTY50 Futures at CMP 25905
I will be adding more position if 26100 comes & will hold with SL 26230
Targets I'm expecting are 25370 - 25010 & below.
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!
ASHOK LEYLAND - SHORT TRADE FOR HUGE PROFITSymbol - ASHOKLE
ASHOKLE is currently trading at 260
I'm seeing a trading opportunity on sell side.
Shorting ASHOKLE Futures at CMP 260
I will be adding more position if 270 comes & will hold with SL 273
Targets I'm expecting are 242 - 225
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!
BERGER PAINT - SWING TRADE ON SHORT SIDESymbol - BERGEPAINT
BERGEPAINT is currently trading at 627
I'm seeing a trading opportunity on sell side.
Shorting BERGEPAINT Futures at CMP 627
I will be adding more position if 635 comes & will hold with SL 643
Targets I'm expecting are 602 - 586 & below.
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!
BALRAMPUR CHINI - SWING TRADE ON SHORT SIDESymbol - BALRAMCHIN
BALRAMCHIN is currently trading at 610
I'm seeing a trading opportunity on sell side.
Shorting BALRAMCHIN Futures at CMP 610
I will be adding more position if 630 comes & will hold with SL 640
Targets I'm expecting are 575 - 550 - 530 & below.
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!
CHFMXN - SHORT TRADE FOR HUGE PROFITSymbol - CHFMXN
CHFMXN is currently trading at 23.37
I'm seeing a trading opportunity on sell side.
Shorting CHFMXN pair at CMP 23.37
Holding with SL 23.70
Targets I'm expecting are 22.70 - 22.20 & 21.75
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!
AUDNZD - SHORT TRADESymbol - AUDNZD
AUDNZD is currently trading at 1.10970
I'm seeing a trading opportunity on sell side.
Shorting AUDNZD pair at CMP 1.10970
I will be adding more if 1.11200 comes & will hold with SL of 1.11700
Targets I'm expecting are 1.09500 - 1.08890
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!
CHFMXN - TRADE ON SHORT SIDE FOR HUGE PROFITSymbol - CHFMXN
CHFMXN is currently trading at 22.37
I'm seeing a trading opportunity on sell side.
Shorting CHFMXN pair at CMP 22.37
I will be adding more if 22.48 comes & will hold with SL of 22.71
Targets I'm expecting are 21.30 - 20.90
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!
DECODING NIFTY50's NEXT MOVES - A PROFIT BOOKING COMING SOON ?Nifty50 is continuously hitting fresh record highs at a faster pace tirelessly. There is definitely strong momentum by bulls towards upside but at the same time we can't deny the fact the there's a thing called 'Valuations' which are hinting that markets are modestly overvalued.
The run after breakout of 23500 has been tremendous & we have seen Nifty gained more than 1000 points back to back but as per my experience and my view, A profit booking & retracement is pending the the market.
So, with that view, I am creating short positions in Nifty far month futures (as premiums are much more there) at CMP 24620. I will add more position between 24800 - 24900 & will hold this position with SL above 25K.
I am expecting markets to witness a strong profit booking in coming sessions as markets are extremely overbought already & budget is scheduled in next week. Any negative news in or related to union budget will trigger strong profit booking in market.
I have also mentioned targets for my short position in the chart above & tried to decode Nifty's trend for months to come. Let's see what time will show us.
GBPNZD - SHORT TRADE FOR HUGE PROFITSymbol - GBPNZD
GBPNZD is currently trading at 2.12280
I'm seeing a trading opportunity on sell side.
Shorting GBPNZD pair at CMP 2.12280
I will be adding more if 2.12600 comes & will hold with SL of 2.13000
Targets I'm expecting are 2.09200 - 2.08500
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!
EURCHF - Short Trade IdeaSymbol - EURCHF
EURCHF is currently trading at 0.97300
I'm seeing a trading opportunity on sell side.
Shorting EURCHF pair at CMP 0.97300
I will be adding more if 0.97550 comes & will hold with SL of 0.97800
Targets I'm expecting are 0.96300 - 0.96000
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!
NZDCAD - TIME TO GO SHORT ?Symbol - NZDCAD
NZDCAD is currently trading at 0.84600
I'm seeing a trading opportunity on sell side.
Shorting NZDCAD pair at CMP 0.84600
I will be adding more if 0.85000 comes & will hold with SL of 0.85300
Targets I'm expecting are 0.83500 - 0.82900
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!