TIPS
ITC WAIT AND WATCHLast week market was overall bullish and sellers had a full control over market. It is still seeming weak and will be in same condition in upcoming weak as per my analysis but as we know that market can change its direction any-time so we can not relay only on analysis.
So in ITC chances are too high that market will open in downward side but there is a also small chances to open market in upside so wait until 9:45 and after that enter into market accordingly.
PUT Stop Loss and Take Profit targets according to your own Risk Appetite.
Happy Trading. :-)
Note :
Trading foreign exchange and stocks on margin carry a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange or stocks you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss in excess of your initial investment. You should be aware of all risks associated with stock and foreign exchange trading and seek advice from an independent financial divisor if you have any doubts. I am not a licensed financial advisor and this content is not financial advice.
Bank Nifty Intraday Trade Setup | 11th Feb 2021As we analyzed yesterday, BankNifty gave a sell trade today and took a bounce nearby our support level 35600. BankNifty is still in 1000 points range and we may get a big move (1000 points or above) once the range would break. Until now, we can play within that range and tomorrow is the weekly expiry so I am expecting the side ways market until 1:30pm.
In today's session, our sell trade initiated and we booked 300 points today.
Resistance: 36500
Support: 35400
Intraday levels for tomorrow:
Buy Above 36060 for the targets of 36180, 36290, and 36400. SL for the Buy Trade would be 35950.
Sell Below 35700 for the targets of 35600, 35500, and 35400. SL for the Sell Trade would be 35810.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Nifty Intraday Trade Setup | 10th Feb 2021As we analyzed sellers are getting active near 36500 levels and we again saw the rejection today. BankNifty is trading in a range and forming an indecision candle for the last 2-3 sessions, we may see a good one side move in this week.
In today's session, our sell trade initiated and we booked 150 points today.
Resistance: 36500
Support: 35600
Intraday levels for tomorrow:
Buy Above 36150 for the targets of 36250, 36350, and 36450. SL for the Buy Trade would be 36040.
Sell Below 35900 for the targets of 35800, 35700, and 35600. SL for the Sell Trade would be 36010.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Nifty Intraday Trade Setup | Feb 4th 2021As we analyzed yesterday, BankNifty opened with a minor Gap up, felt, and took support near our level of 34000. Immediately it bounced to 34400 levels and after some time our buy trade initiated and all 3 targets met. For tomorrow, I think we BankNifty would open flat.
Resistance - 35050
Support - 34400
Intraday levels for tomorrow:
Buy Above 34800 for the targets of 34900, 35000, and 35100. SL for the Buy Trade would be 34690.
Sell Below 34600 for the targets of 34500, 34400, and 34300. SL for the Sell Trade would be 34710.
Note - No trading zone is marked with yellow color.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Reliance LongI hope you can now see how Reliance 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 .
Thank You
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 products 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.
Sbin Short I hope you can now see how Sbin 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 .
Thank You
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 products 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.