Support and Resistance
chart analysis of Indusind bank for trading on 20.8.2020here we have done the chart analysis of indusind bank
trade with strict stop loss
buy above 520
target 530,540
stoploss 508
NIFTY 50 STOCK YOU CAN SEE HERENSE:NIFTY
NSE:ADANIPORTS
NSE:AXISBANK
NSE:CIPLA
NSE:TATAMOTORS
NSE:TATASTEEL
NSE:TCS
NSE:HDFCBANK
NSE:HDFC
NSE:ASIANPAINT
NSE:BAJAJFINSV
NSE:BAJFINANCE
NSE:BRITANNIA
NSE:BHARTIARTL
BSE:COALINDIA
GAIL
NSE:INDUSINDBK
NSE:ICICIBANK
NSE:IOC
NSE:ITC
NSE:WIPRO
NSE:JSWSTEEL
NSE:DRREDDY
NSE:HCLTECH
NSE:INFRATEL
NSE:INFY
NSE:RELIANCE
NSE:KOTAKBANK
NSE:LT
NSE:TECHM
NSE:M_M
NSE:NTPC
NSE:ONGC
NSE:ULTRACEMCO
NSE:VEDL
NSE:ZEEL
MAXIMUM STOCK HERE ARE AT SUPPORT TILL 2 O CLOCK
EDUCATIONAL VIEW ONLY
Reliance Industries - Wave Talks- Careful at 1600 HighsDisclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Safe Traders
Sell below 1390 for 870
Risky Traders
Sell Close to 1600 for 870
-------------------- Do not hold any positions if moves above 1600 ------------------------------------
Thanks for watching this video & your precious time.
SP500 Index- Nifty / Stock-ITC/Hindalco/Auropharma- Weekly CheckDisclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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SP500 Index - A possible top close to 3200 levels - Reasons for Top or Halting close to 3200
Wave Y = 61.8% of Wave -W
Middle Line of Parallel Channel is close to 3200 levels
Support / Hero turning their roles into Resistance / Villain - Polarity Reversal Concept close to 3200 levels
Index- Nifty
Nifty May Halt with Double Top at 10175 / Below 10175 for 10050 / Below 10050 for 9950 / More below 9950
Stock -ITC
Sell Below below 200 (strictly) for 195-196 / Below 195 for 190 / Below 190 for 185-186
Stock - Hindalco
Selling below 150-151 (Strict Stops above 151) Target -148 / 145.50 / 143 / 138 / 130-132
Stock - Auropharma
Selling next below 721 for Target 700 & Below 700 for 650-660 zone
Nifty - H&S Pattern or Hide & Seek Sell Below 9450/9375Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Hide & Seek = In Hindi called "Luka Chipi" - This Video Starts with a lovely musical piece from Bollywood Movie - "Do Anjane" - "Luk Chip Jao Na" lead role played by Senior Bachchan- Bollywood Super Hero.
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Trading Strategy
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Plan A
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Sell Strictly below 9450 for 9375 / Continue Sell later only below 9375 for
Target 1 - 9175-9161
Target 2 - Below 9175 for 8980-9000
Target 3 - Below 8950 for 8800 & 8700
Plan B
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Selling The Alternate Bat Pattern in the zone 9650-9700 ( If Stops) with strict Stops above 9735 for
Target - 9450 / Below 9450 for 9375 / Below 9375 for 9175-9161
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Previous Ideas can be checked from TradingView Profile Page
in.tradingview.com
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Thanks for watching this video & Thanks for your precious time. Have a wonderful week ahead.
Intraday SetUp For Dabur 3rd Jan 2020Buy(H4 Breakout)
If in Dabur, the 1st Candle which touches the H4 ie around 462.4 and its next candle is also Bullish and closed above H4 then enter on BUY side around 462.4 with Target around H5 (464.3) and Stop Loss around H3 (461.25).
Buy (L3 reversal)
If Price action is around L3 levels are not able to go below then look for Trend reversal candles. See the 1st Candle which touches the L3 levels Confirmation Candles close should CLOSE Higher than Previous Candle and its low should also be higher than L3 levels then enter BUY side around 458.95 with Target around H3 (461.25) and Stop Loss around L4 (457.8).
Sell (H3 Reversal)
If the Price action around H3 levels are not able to Go above then look for reversal candles, Confirmation candle HIGH should be less than H3 levels and its CLOSE should be less than Previous Candle CLOSE. Sell around H3 ie 461.25 with Target at L3 (458.95) and SL at H4 (462.4).
Sell (L4 Brealout)
If the prices fall below L4 level ie CLOSE is below 457.8 enter SELL position with Target around L5 (455.9) and SL (458.95)
Technical Analysis of Litecoin: 25th February 2018Litecoin has entered into the corrective phase of the Elliot Wave Pattern.
Wave A began yesterday with the bears taking control of the market and the market suffered a major drawdown.
The downtrend is going to continue all the way down until it finds support around the 50-day moving average at a price of about 37.29. This can be a good entry point for going long.
The wave B upwards will be a small wave and it will test the 200-day moving average resistance at about 44.90. Exit the market at this point.
Then the wave C will begin which will took the market downwards. This wave is going to be as long as wave A and is going to find support on the 200-day moving average at a price of about 33.89. This is a good re-entry point. The market is going to go long from this point.
If wave C couldn't find support at the 200-day moving average then the market is going to go down further to test the previous low at around 22.52 which was formed on the second week of December 2018.