BearishIf everything remains constant then we can expect around 600pts fall in nifty so buy when nifty takes support and play with quality stocks, accumulate or vise versa.
We can't deny an important fact that big sharks has already pulled there money from market as per this logic of u r thinking that market will crash then detox ur mind nd play. It's the beginning of another bull market
🥂🥂Cheers🥂🥂
Stockmarkets
BankNifty Spot Weekly Outlook For Expiry Week Feb21- Feb25Falcon Analytics Outlook for BankNifty for Expiry the week (Feb 21 – Feb25)
Technically on the daily charts we see minor support on the downside for BankNifty index lies at 36878 levels,
whereas minor resistance on the upside is capped around 38261 levels.
If BankNifty 50 index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 36451//35760 and and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 38688/39380 .
Currently BankNifty 50 index is trading above 200 days exponential suggests long term trend is Bullish .
Falcon Analytics predicts range for the week is seen from 35760 on downside and 39380 on upside.
( All Spot Levels)
RESISTANCE 3: 39380
RESISTANCE 2: 38688
RESISTANCE 1: 38261
WEEKLY PIVOT LEVELS: 35750
SUPPORT 1: 36878
SUPPORT 2: 36451
SUPPORT 3: 35760
All above views for education purpose only.
Regards,
MD
Divis Lab - Fundamental + Technical Positive (Multiple Triggers)Divis Labs corrected corrected fairly after almost a continuous rally of about 40% in say 6 months. After making a peak at 5389, it corrected nearly 30%. Now, it seems to have consolidated well and is in good shape to resume its bull run going further.
Points working in favor:
1. Fundamentals are improving pretty good
2. Double Bottom with positive RSI Divergence
3. Price action is strong on weekly chart as well
Key Resistance points/Target points:
1. 4689
2. 4769
3. 4890
4. 5016 (Fresh strong rally possible after this stage on closing basis)
Key Support level/stop loss: 4300
TMRVL : TARGET 105% IN 1 to 2 monthsHello guys!
Stock is sustaining above the 50 ma net. So it's in uptrend. Therefore its a high probability trade. As you can see in the chart. I assume it'll break the upper trendline soon. Entry can be taken @cmp or one can wait for breakout with SL of the below support.
I assume it can easily be 2x in 1 to 2 months.
All is clear in the chart.
Disclaimer : This analysis is only for educational purpose & not for trading recommendation.
Nifty LongI hope you can now see how Nifty represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Amar Raja Batteries : Positional CallAmar raja Batteries : Positional Call
Keeping EV segment in mind, Right time to enter the stock after double bottom, stock will slowly start moving towards its recent highs.
Keep watching
DLF at perfect Demand zoneWith Budget just around the Corner and India being the Developing Country focus will be on Infra & Realty Sector. Lots of Scope for Development still there especially after 3 waves of Covid.
DLF Looks at Good support or Demand Zone, Any positives for realty sector this stock can Rocket
Keep Watching
28% Target in JASH | Swing TradeWonderful price consolidation inside the channel Flag Pole Pattern
Reasons to trade -
1. Prior Price Consolidation
2. Breakout of the trendline
3. Supply Demand Conversion
4. Breakout with volume
5. 50 EMA breakout and support
6. Good Volume
7. RSI above the MA
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The Rich Trader
Rohit Sharma
MTech IIT Guwahati
22% in Aster DM | Swing Trade22% potential target in Aster DM on the verge of breakout
Aggressive trader can enter right after first 15min, to play safe wait for the candle to close and enter only at the closing at around 3:25PM.
Reasons to trade -
1. Beautiful price consolidation inside the channel
2. On the verge of breaking the trendline
3. 50 EMA support
4. Good Volume
5. Has taken a retracement from the Horizontal Demand Area
6. RSI above the MA
Please hit the like button this really motivates me to make more such analysis.
Hit Follow to get regular notifications of my analysis.
The Rich Trader
Rohit Sharma
MTech IIT Guwahati
Swing Trading Opportunities for the week beginning 10-01-22SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 10-01-22
INTENT
I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade plan.
Some readers feel that I am simply listing down several scrips so that if they go up I can claim so. This is not the case - I am not here to score any points. I am sharing my weekly analysis and if you like it, read it and if you do not agree, I am fine with that.
ON MY WATCHLIST FOR THE COMING WEEK
Important - the indices have made good progress in the first week of 2022 even as the situation in terms of Covid cases is deteriorating by the day. Purely looking at the data, it is not looking bad at all, but the Covid related uncertainties is a big factor and that is why I have been cautious and will remain so for now. I prefer to remain with spare funds than letting them swing wildly once in the market.
I have filtered the sectors based on Monthly candles. Here are the likely candidates for the week -
SECTORS LOOKING GOOD FOR LONG POSITIONS-
Considering the Monthly Charts, the following sectors look good: NIFTY SPOT at 17812
At this time, I have also chosen sectors with an additional filter of Fibonacci Retracement using the Covid swing low as the base.
Auto
Bank Nifty
CPSE
FMCG
PSE
There are many sectors that are already strongly bullish and these have not been listed above. So if you find a sector bullish on the weekly charts, please check out the monthly as well to confirm its bullishness.
Considering the Weekly Charts, the following sectors look good:
Nifty
Auto
Nifty Bank
Commodities
Consumption
CPSE
Energy
Financial Services
Infra
Media
MNC
PSE
PSU Bank
WEEKLY TIME FRAME- FOR LONG POSITIONS - Nifty Spot at 17354
Bajaj Finance
Bajaj Finserv
SBI Life
Dmart
EI Hotels
Fino Bank
HPL
Inox Leisure
IRCTC
Nucleus
Trent
TWL
It is interesting to note that there are many sectors where there are opportunities available for investing/trading, however, there are not many opportunities on a scrip to scrip basis as far as Nifty 50 and Bank Nifty scrips are concerned. This is on account of the fact that during the week, the market has made a significant move on the way up so many of the scrips are giving less than ideal entry points.
Also, I have not yet expanded my watchlist in view of the cautionary lines mentioned by me in the earlier part of the post. You may, however, deep dive into the scrips that you may have on the radar and follow the process covered in this post to filter the candidates for investing/trading.
I may / may not take these trades as not every opportunity should / can be traded.
Here is the Video Link:
youtu.be
Thank you for your time and Happy Learning,
Umesh
8-1-22
Not SEBI Regd.
The post is purely for educational & informational purposes only.
Vikas breakoutVikas property
Morning star on weekly time frame
Go long for huge target
Sl- closed below 1.50rs