Simple Trade Setup | AARTIIND | 06-09-2021NSE:AARTIIND
Observations:
1) On 1 hr Time frame, if you can see that it has been taking support from 900-901 level and making lower highs. And it is forming descending triangle pattern.
Please refer below chart : 1 hr time frame.
2)On Daily Time frame you can see that 900 level range was earlier working as resistance and now it has been working as support. Any violation or breakdown below 900 level will make this stock bearish again.
Please refer below chart : Daily time frame.
-------------------------------------
For POSITIONAL long trade one can take safe long position from CMP as far as it is trading above 900 level. SL will be 880/875 and target will be 980/990.
-------------------------------------
Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Tomorrowstocks
Simple Trade Setup | MCX | 06-09-2021NSE:MCX
Observations:
1) On daily Time frame, it has given breakout of rounding bottom pattern. Breakout level range is 1585-1586. Nearest resistance level is 1600 level.
Please refer below chart : Daily time frame.
2)On Daily Time frame we can see that it has broken 100DMA and 200DMA with bullish candle.
Please refer below chart : Daily time frame.
-------------------------------------
Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | BERGEPAINT | 06-09-2021NSE:BERGEPAINT
Observations:
1)On 1hr Time frame It gave breakout of rounding bottom pattern. Critical support level is 825. For the good upmove it has to give breakout of 840 level.
Please refer below chart : 1 hr time frame.
-------------------------------------
For POSITIONAL long trade one can take long position from CMP as far as it is trading above 820 level. SL will be 811 and target will be 880/890.
-------------------------------------
Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
-----------
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | COLPAL | 06-09-2021NSE:COLPAL
Observations:
1)On Daily Time frame In past days it has already broken 21DMA and 50DMA and trading above it. Recently it is now in the critical zone of 1720-1730 level range.
In order to be it more bullish it has to surpass the immediate resistance of 1740 level with strong bullish candle.
Please refer below chart : Daily time frame.
-------------------------------------
Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | PETRONET LNG | 06-09-2021NSE:PETRONET
Observations:
1) On Daily Time frame, if you can see that level 230 is working as critical level since long time. It was working as both support and resistance since long long time.
Please refer below chart : Daily time frame.
2)Also, on Daily Time frame you can see that it has closed above 100DMA but still below 200DMA. One good thing is that it has broken and taken good support from 21DMA.
Please refer below chart : Daily time frame.
3) Further on Daily time frame it is forming rounding bottom pattern. And neckline/breakout level for the same is 230 level.
Please refer below chart : Daily time frame.
4) On 15min Time frame we can see that since 17 Aug it is getting good support from the accending parallel channel.
Please refer below chart : 15 min time frame.
-------------------------------------
For POSITIONAL trade one can take safe long position only on sustainable breakout of 230 level. SL will be 218 and Target will be 250/260/270 in short/mid term.
-------------------------------------
Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | HCLTECH | 03-09-2021NSE:HCLTECH
Trade Setup for Date 03-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup| IBULHSGFIN | 03-09-2021NSE:IBULHSGFIN
Observations:
1) On Daily Time frame you can see that it is forming rounding bottom and it is near it's major resistance of 234 level range.
On breakout of 234-235 level it will give good upmove.
On other side breakdown of 230 level will give down move.
Please refer below chart : Daily time frame.
-------------------------------------
Trade Setup for Date 03-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup| RBLBANK | 02-09-2021 [POSITIONAL & INTRADAY]NSE:RBLBANK
Observations:
1) On 1 HOUR time frame it has breakout 164 level and then it has tested if for support and it got support from 164 and gave good upmove.
Please refer below chart : 1 hr time frame.
2) On Daily Time frame you can see that it has now reverse from the critical support range and made bullish candle today by taking support from 164 level.
And it closed just below 21DMA.
Please refer below chart : Daily time frame.
-------------------------------------
For POSITIONAL trade one can take long position from CMP or above 171.40 and Aim for target of 207/215 with Stop loss of 155. I am expecting this target will be achieved in this month only.
Please refer below chart : Daily time frame.
-------------------------------------
Trade Setup for Date 02-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
My personal view is bullish on RBLBANK.
Simple Trade Setup | IRCTC | 02-09-2021NSE:IRCTC
Observations:
1) On 1 HOUR time frame it has made a rounding bottom pattern and closed just below the critical breakout level of 2750.
Please refer below chart : 1 hr time frame.
-------------------------------------
Trade Setup for Date 02-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup| UBL | 31-08-2021NSE:UBL
Observations:
1) On Daily time frame it took good support and reversal from 21DMA. And now it is in the critical range and it is to break it or leave it.
Once it starts to stay and trade above 1475 level then it will be good for positional trade with 5% target.
Please refer below chart : Daily time frame.
2) On 15 min time frame we can see that it has been trading in parallel channel/
Please refer below chart: 15 time frame.
-------------------------------------
Trade Setup for Date 31-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | BHARATFORGE | 31-08-2021NSE:BHARATFORG
Observations:
1) On Daily time frame it took resistance from 21DMA which is placed near 775 level.
Please refer below chart : Daily time frame.
2) On 1 hour time frame we can see that major resistance is at 780 and major support is at 719. Any dip above 719 will be buying opportunity for positional trade.
Please refer below chart: 1hour time frame.
-------------------------------------
Trade Setup for Date 31-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | NATIONALUM | 30-08-2021NSE:NATIONALUM
Observations:
1) On Daily time frame it is already taken good support and reversal from 100DMA and now it is just closed below 21DMA.
Please refer below chart : Daily time frame.
2) On 1hr time frame it is just below next resistance zone. And it formed kind of inverse head and shoulder pattern.
Please refer below chart: 1 hour time frame.
-------------------------------------
Trade Setup for Date 30-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | MCX | 30-08-2021NSE:MCX
Observations:
1) On Daily time frame it is already trading below 200DMA.
Please refer below chart : daily time frame.
2) On Daily time frame it has taken reversal from it's critical support 1455 level range and also closed above 400DMA. It shows the strength will come in stock to get bullish now.
Please refer below chart : daily time frame.
-------------------------------------
Trade Setup for Date 30-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup| PI Industries | 30-08-2021NSE:PIIND
Observations:
1) On Daily time frame it has been taking support from 21DMA and trading above 21DMA and now it is near to it's critical resistance level of 3200. On breaout of it, there will be good up move, but if it faces resistance from it then it will be again down move.
Please refer below chart : daily time frame.
2) On 1 hour time we can see that it has been taking support from the parallel channel. It shows that it will remain in up trend at this moment.
Please refer below chart : 1 hour time frame.
-------------------------------------
Simple Trade Setup for Date 30-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | SBILIFE | 27-08-2021NSE:SBILIFE
Trade Setup for Date 27-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | BHEL | 27-08-2021NSE:BHEL
Trade Setup for Date 27-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | IRCTC | 27-08-2021NSE:IRCTC
It has been trading in parallel channel for long time.
Today it took resistance from middle trendline of parallel channel.
Good positional buy trade will be only on breakout of middle trendline of parallel channel. Target will be 2750 or the upper trendline.
On breakout of upper trendline it will have good up movement.
Trade Setup for Date 27-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tommorrow.
Please refer below chart for levels for intraday trading.
Hope I made it easy to understand it.
Do comment your doubt or suggestion
Simple Trade Setup | ICICIBANK | 24-08-2021NSE:ICICIBANK
Observations:
1) On daily time frame, it is testing highs of Feb-2021. And it is taking support from 674 level range since last 2 days.
2) It is trading below 21DMA but above 50DMA .
Please refer Chart below: daily time frame.
3) On 15min Time frame it is trading in the descending channel pattern.
Please refer chart below: 15min time frame.
-------------------------------------
Trade Setup for Date 24-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart below. I hope it is easy to understand.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | Kabra Extrusion | POSITIONAL/ INTRADAYNSE:KABRAEXTRU
TODAY, it closed just in the range as well as slightly below 21DMA.
If it trades above 215-216 then it will be buy trade for minimum of 5% upmove with stop loss of 210.
You can also refer my previous ideas about Kabra in below link.
Simple Trade Setup | IRCTC | Last Week August 2021 (2)NSE:IRCTC
Observations:
1) On daily time frame still it has been trading in the parallel channel .
2) Today it broke the middle trendline support and closed just above the bottom trendline of parallel channel.
Please refer Chart below: daily time frame.
Trade Setup for Last Week August -2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) Please refer below levels for intraday trade for 24-08-2021.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | IRCTC | Last week August-2021NSE:IRCTC
Observations:
1) On daily time frame it has been trading in the parallel channel.
2) If you see earlier bottom trendline of channel was working as a resistance.
3) Then middle trendline of the channel was working as resistance.
4) Then bottom trendline of channel was working as support and then it gave good breakout of the middle trendline and now middle trendline is working as support and upper trendline is working as resistance.
Please refer Chart below: daily time frame.
-------------------------------------
Trade Setup for Last Week August -2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup| JUST DIAL | Getting ready for big move.NSE:JUSTDIAL
Observations:
1) On daily time frame it has been trading in the range since 26 Jul 2021. Break on either side will give good move.
Higher range for breakout is 982 level and lower range for breakdown is 945.55.
Please refer Chart below: daily time frame.
-------------------------------------
Trade Setup for Date 23-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and target w.r.t price action working near that level tomorrow.
4) If you are experience scalping trader then you can scalp between No Trading zone. Or else better to take safe trade.
5) For buy entry for 962 level breakout RSI needs to be above 50 on 15min time frame.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | RELIANCE | 23-08-2021NSE:RELIANCE
Observations:
1) On 15min Time frame, it is trading in downward channel.
Please refer Chart below: 15 time frame.
2) On 1 Hour Time Frame, it is now back to its neckline after giving breakout of inverse head and shoulder.
As per theory it should now test this neckline and give bullish move upside.
Please refer Chart below: 1hour time frame.
-------------------------------------
Trade Setup for Date 23-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) If it breaks out the parallel channel then it will give up move and if it breaks down the parallel channel then it will give down move.
If you know the scalping and experience trader then you can do in between the parallel channel with the levels and if you are a safe trader then better to wait until it gives the breakout or breakdown from the parallel channel and then take trade from the mentioned levels.
3) Everything is mentioned on the chart. I hope it is easy to understand.
4) All the levels will work as support, resistance, entry and target w.r.t price action working near that level tomorrow.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.