Trader
BANKNIFTY BULL RUNbanknifty is wokring in a channel which can be spotted in an hourly time frame also bounced from the support as in the chart if trendline is broken as shown in chart we can again see upside levels chances are very high of upside movement and a bull run.
40000 target might be coming in banknifty.
35% Potential Trade in Venkeys | Swing TradeWonderful 35% potential swing trade in Vekeys.
Tactics - Wait for a powerful green candle as a confirmation to enter in daily TF.
Reason to trade -
1. Breakout of 50 EMA with good volume
2. Trendline breakout
3. Breakout of Horizontal Demand Area
4. Has made a breakout and then retest which is a bullish pattern.
5. RSI above MA
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The Rich Trader
Rohit Sharma
23% Target Potential | Vedanta Ltd | Swing Trade Vedanta Ltd, beautiful 23% target potential.
Reasons to Enter -
1. Taking Support at the 50 EMA
2. Trendline Support
3. Trendline Demand Area
4. Horizontal Demand Area
5. Risk Reward ratio = 12
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The Rich Trader
Rohit Sharma
MTech IIT Guwahati
24% Target in CAMS | Swing Trade Wonderful trade in CAMS (Computer Age Management System) with potential target of 24%
Reason to take trade -
1. 200 EMA breakout, this is a very strong bullishness
2. Horizontal Demand area
3. Trendline Breakout
4. RSI above the MA line
This all makes this trade a very good trade right at the confluent area.
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46% Target in Balaji Amines | Swing Trade Potential Swing Trade Opportunity in Balaji Amines
Reasons to Enter -
1. Trendline Support
2. Horizontal Demand Area breakout
3. Breakout of the 50 EMA
4. RSI Bullish Divergence
5. RSI above the MA
6. Breakout with volume
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10% move potential in Trent | Swing Trade Trent has been respecting the bottom trendline. Has made a doubke top but has again respected at the trendline and consolidated for quite some time.
Now the stock is ready for it journey to make the triple top.
Reasons to enter-
1. Trendline Support
2. Price Consolidation near support
3. The price has made a pin bar and has broken the consolidation in 1W TF and is ready to blast.
4. The price has broken the 50 EMA
22% Target in Deepak Nitrite | Swing Trade Beautiful trade in Deepak Nitrite. price currently at a wonder full confluent area.
Reasons to enter -
1. Reverse Head and Shoulder
2. 50 EMA breakout
3. Horizontal demand area breakout
4. No hurdles after 2494
5. RSI above the MA.
6. Fundamentally very strong company.
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my views on sjs the chart looks good today, by the day end if it close above 390 we can take that for btst and with the tgt of 414.90/429/438 these price can be seen in the upcoming sessions for btst we can keep a tgt of 414 and take long position, with the sl of 380 you can adjust according to your risk apatite, cmp is 393 so it sould close above 390 for this amazing more.....
trade with your own risk, there are just my view on this stock and personally i am also holding these stock for long term, my buying price is 352 around.
Trader's Roadmap Jan, 2022 - What I expect on Indian Market?Few market moves will destroy 99% of the Traders who are involved in them that why I arranged to give you a whole week or month of NSE's Perspective.
The spot nifty hourly chart:"at an exciting juncture". it is difficult to say at this juncture for other analyst whether this upturn can be sustained.
But, I'm going to share few important levels where you can take position or create a trade-setup.
First observation should, the trend is down. By the looking at chart from left to right hand-side, the price is defining lower low(W,Y and Z) and low high (1X and X2). So I picked, Oct. 18605 high and Dec. 16410 low and found "Bullish Triple Zigzag corrective pattern".
If you expect the trend is continue lower or downward, equality ratio can give you a important Resistance levels. After the ending of point of Z wave, ((w))=((y)) at 17574. The 17600 is equal of wave a and c but 17503 is first upcoming resistance a=c 0.789 ratio.
Trend reversal key level wherein we need to reconsider our wave count : 17640 lower high.
So, currently the is expected downward because the price is under 17640. If any of above resistances registered, the next first targets 17077 and ...
Let's little attention toward the DJIA.
Can we see new high on DJIA?
NMDC bullish structureNMDC bounced from the weekly support and in DAILY time frame have framed a very good Bullish Engulfing Candlesticks which clearly depicts that stock is trying to change the trend.
A long build-up can be initiated in NMDC above 145 if we get hourly good closing support in short term target of 175 are easily on charts in long term we can see bounce upto 300 also.
INVEST wisely always follow risk and position management.
NIFTY Trend ReversalOn last trading session (FRIDAY) before the closing of the market we have seen a clear bounce from the important zone of 17600 if market manages to sustain above 17600 level on Monday index is heading for 17900/18000 in coming days.
As a trend reversal trader I will like to built a long position in NIFTY above 17760 for the above mentioned targets.
Also RSI Is also below 30 which also depicts the change in trend in coming trading sessions
Always follow proper Risk and position management.
Trade as per your risk appetite