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
Technical
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.
CADJPYCADJPY LOOKING LIKE STRONG BEARISH BECZ IT BREAKED SUPORT LINE AND ZONE ..
#VSGROUPS #VAMSHICHICHU #CADJPY
TECH M BUY Call Activated IN TECHM Buy Call Activated Good Support and Volume BUY ABOVE 536 For First TGT 536 Second TGT 540 Third TGT 543
INDUSINDBANKITS LOOKING LIKE BULLISH IF ITS BREAK RESISTANCE ZONE ..
ITS MY EXPECTED CHART .. AND LETS CHECK FUNDAMENTAL ANALYSISI TOO.
#INDUSINDBANK #VSGROUPS #VAMSHICHICHU
AXIS BANK Technical AnalysisAxis bank is at a potential breakout area. From here it can end the accumulation phase and can enter an uptrend. Observe the chart carefully.
Again short opportunity in asian paintsAsian paints giving another short opportunity,
CP- 1596
TGT- 1430
SL- 1666
lets see whats happening.
Nifty Possibilities in Upcoming WeekPURELY TECHNICAL
Optimistic View - Nifty retraces to 7500 and rebounds back to current levels to complete a double bottom formation before breaking resistance @ 8900, in which case the target would be 10,000 (Max Call OI). This will become the next crucial resistance level.
Pessimistic View - Nifty retraces to 7500, either stays within 7500-8900 level or breaks lower to 6800 (Long term support level for Nifty - check monthly chart). Note - 8000 to act as short term support (Max Put OI).
Hey you reading this, would love to know what your views are. Do share buddy, thanks!
PS- I also see H&S ;)
VeChain Long Entry (VET)VET Just bounced off a important support zone that played a crucial role in past times.....the price is expected to go up till 80 satoshi
