PIDILITINDBuy PIDILITIND above 1520 for the Targets of 1670, 1800 and 2000....
.......
Stoploss 1300....
.........
Technical
INDUSINDBK SHORT ?Risky Sell Pattern not sustain above, may complete the pattern direct sell below 425 no need to sustain target 418/409/405 sl 440
**Educational Purpose only
BOSCH LONGBuy above 10030 if sustained then target 10330/10590/10629
with trail sl sl 9409
**Educational purpose only
Nifty Short (Horizontal Channel)Shorted @ 9500 w/ SL @9600 (if it closes above this level then I'll square off)
Targets are 9332, 9176, 8990 in order.
Shorted June Futures & hedged w/ June 9200 Calls!
GLHF!
RELIANCE - BEARISH HARAMIBuy if sustained above 1481 may lead the price to reach the target of 1496/1520/1554 with trail sl 1445
Sell if sustained below 1445 for the target of 1416/1395/1381 with trail sl sl 1481
**Educational purpose only
MINDTREE 1 hr analysis. Possible downtrendHello Trader, Here is the full analysis of mindtree:
1) On 1hr chart we can see it as formed gartley pattern and possible reversal expected.
2) Price is moving toward strong resistance zone and can test this zone for up move and if it fails then on basis of gartley and strong resistance one can look for short.
How can you support me:
1) Like my idea.
2) Follow me for more analysis
3) I will Opening Telegram and instagram channels soon.
Feedback:
Please share your feedback in comments and this will help me to improve my drawing and analysis
Hello Trader, Here is the full analysis of MINDTREE:
1) On 1hr chart we can see it as formed gartley pattern and possible reversal expected.
2) Price is moving toward strong resistance zone and can test this zone for up move and if it fails then on basis of gartley one can look for short.
How can you support me:
1) Like my idea.
2) Follow me for more analysis
3) I will Opening Telegram and instagram channels soon.
Feedback:
Please share your feedback in comments and this will help me to improve my drawing and analysis
BERGEPAINT Bearish HaramiSustained above 466 will lead the price to reach the target of 473/479/483/ trail sl sl 442
Sell below 433 if sustained then 412 is the target with trail sl of 442
**Educational purpose only
COAL INDIA LONGSustained above 132 target 135/139 SL 126
Expected Return - 2.3%,5.3%
Risk - 4.4%
**Educational Purpose only
BHARTIARTL - TREND ANALYSISIf Price above 577 sustained momentum will lead the price to reach the target of 582/591 with sl of 556
If Price sustained below 553 will lead to attain the target of 549/535 with sl of 577
**Educational purpose only
PETRONET Bearish Harami Sustained above 237 will lead the price to reach the target of 241/245/249/ trail sl sl 229.3
Sell below 219 if sustained then 214/212/206 is the target with trail sl of 229.3
**Educational purpose only
HDFC- Double BottomHDFC double bottom formation on hourly chart
Can go long if sustains above 1639
View negated if closes below 1622
Disclaimer: This is my view, please do your own analysis before trading
SRTRANSFIN LONG - Lower High and Lower LowBuy above 560 if sustain then target 570/573/613 with trail sl sl 526
**Educational purpose only
MGL short term viewsustain above 922 momentum will lead the price to reach 936-938 with sl of sustained candle low
sustain below 883 lead the price to reach 872/858 with sl of sustained candle high
**Educational purpose only
Nifty Analysis for 20 MayNifty Analysis for 20 may
resistance 1- 8924
support 1 - 8831
1.Market showing weakness,if rumors about corona vaccine get wrong nifty will show large bearish move.
2. Market is in range bound ,hold the temporary resistance of 9033.
3.Nothing showing positiveness other than vaccine rumors.
Nifty Analysis for 19 May : Short CoveringNifty Analysis for 19 May
short covering can be seen up to level 8924
reason-
1.ltp is at crucial support of 8831
2. rsi showing divergence indicating short covering
3. massive sell off on 18 may.Sellers will be little exhausted now.
TCS - Make or BreakTCS is in a upward channel
Aggressive Traders can go long for target of 1935/1970/2024
Can look for short positions if it closes below 1855
Risk Averse traders can wait to see if there is break of trend line support or not to go long
There is support of monthly pivot at 1892
PS: These are my views, still in learning phase.
Trade Setup for HDFCLIFE-Go long on HDFC once there is a Trend line Breakout.
-it will break the trend line within few sessions
-The Stock Looks Strong.
Nifty AB=CD Nifty arrived near destination.... There is gap in previous chart (yelllow box)..
if nifty want to go more up then previous swing high (10161) it should break first and fall down to 9400.. then it can go..
else it should come down from here.. as per harmonic pattern AB= CD.
