ZEEL WEEKLY MOON CANDLE: JUST A BEGINNINGLevels mentioned on the chart with probable Price Action to follow....
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG''
"Always Respect Risk"
Happy Trading
Jai Hind
Tradesetup
HDFC BANK AGGRESIVE COUNTER TREND TRADE SETUPLevels mentioned on the chart with probable Price Action to follow....
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG''
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior at Battle field
Simple Trade Setup | BHEL | 13-09-2021NSE:BHEL
Observations:
1) On Daily Time Frame, we can see that it is failing to close above 56 level. Which is a critical resistance Zone.
Also it has taken good reversal from 200DMA and now it is trading in between 21DMA and 50DMA.
Please refer below chart : Daily time frame.
2)On 1hr Time Frame: It has been trading in Ascending channel pattern.
Please refer below chart : 1hr time frame.
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Trade Setup for Date 13-09-2021:
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.
P.S: Trade with Strick SL.
Simple Trade Setup | ABFRL | 13-09-2021NSE:ABFRL
Observations:
1)On Daily Time Frame: If we use FIB RETRACEMENT from recent swing then we can see that from 61.8% level it took support.
This level of 212-213 range is a support zone now. Sustainable Breakout of 216 level make it bullish again and we can see Target of 227-228.
Please refer below chart : Daily time frame.
2) On 15min time frame, we can see that it has consolidation zone between 213-216. Sustainable breakout of any side will give move on that side.
Breakout of 216 will give upmove and breakdown of 213 level will give quick upmove.
Please refer below chart : 15 time frame.
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Trade Setup for Date 13-09-2021:
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.
Nifty Trade Setup For Tomorrow ( Weekly Expiry)Nifty is in rangebound in some day before 17370 nearby.
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So for tomorrow, if Nifty cross 17370 we can see the upward momentum till 17440.
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If Nifty goes below 17320, we can see downard momentum till 17250.
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Between these if Nifty is rangebound avoid trade for tomorrow.
HDFC- Short Term Position 5% or moreHDFC share form a W pattern in day chart as its taken support around 2400 & had break out around 2500. Currently trading at 2800 so also taking support at small trade line as show in the chart, it can go for 3000 for next target.
Please trade on your own risk, this analysis just for study purpose.
ZEELEARN TRADE SET-UP NEAR TO BREAKOUTZEELEARN share is downtrend from June 14 to till date as you seen in the chart.
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There is trendline which is showing that share is going down on every day from June 2021.
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Now as you see there is BREAKOUT on last trading day.
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But we wait for the confirmation, so you can buy the trade once it reach 14.
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Our First Target is 20.
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👉 What's your view on this comment below in the box.
NIFTY Intraday Levels To Watch And Trade on 01 Sep 21Dear Traders,
Here in this chart of the BANKNIFTY Index, I have drawn important DEMAND (Support) zone and SUPPLY (Resistance) zone which will be important for intraday trades on 01 Sep 2021.
LOGIC- As we know price is the GOD in the stock market, the price of any stock/index itself is the biggest and most important indicator to understand the direction, sentiment & trend of the market.
Every business works on the basis of DEMAND & SUPPLY and the stock market is also pure business, so from price, we understand the DEMAND & SUPPLY areas to watch and trade daily.
Every day I will post the daily analysis of NIFTY & BANKNIFTY which will help you to trade in intraday.
Thank You.
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 | COLPAL | 23-08-2021NSE:COLPAL
Observations:
1) On Daily Time frame, it is holding it above 100DMA.
Please refer Chart below: Daily time frame.
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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 you know scalping then you can do between 1700 to 1670 levels. Good upmove will be only on breakout of 1700 level or if it takes support from 1700 level.
3) If it faces resistance from 1700 level then it will be short trade entry.
4) Everything is mentioned on the chart. I hope it is easy to understand.
5) 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.
** NIFTY & BANKNIFTY PRE & POST MARKET ANALYSIS FOR 10 AUG ** MARKET ANALYSIS AND PREDICTION FOR 10.08.21 (TUESDAY ) ON 12 AUG
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* NIFTY 50 *
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SUPPORT AREAS RESISTANCE AREAS
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1ST SUPPORT AREA : 16229.35-16241.70 | 1ST RESISTANCE AREA : 16267.35-16287.10
2ND SUPPORT AREA : 16176.10-16195.95 | 2ND RESISTANCE AREA : 16321.25-16338.35
3RD SUPPORT AREA : 16126.40-16147
* NIFTY BANK *
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SUPPORT RESISTANCE
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1ST SUPPORT AREA : 35697.30-35787.30 | 1ST RESISTANCE AREA : 35907.40-35980.55
2ND SUPPORT AREA : 35440.70-35527.35 | 2nd RESISTANCE AREA : 36143.85-36217.20
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EXPECTATION : AS FOR TOMORROW I AM EXPECTING A NEGATIVE NIFTY & BANKNIFTY. CHANCES OF MARKET REMAINING
FLAT, RANGE BOUND IS HIGH.
If want to know my Trading Approach for tomorrow. Please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
BANKNIFTY TRADEING SETUP VIEW|09-08-2021
As Describe In Chart
Trade Accordingly.
Support And Resistance
Lines Plot On Chart.
Once You Buy or Sell
Then Always Book Partial Profit.
Do Not Wait For Final Target.
Note: As We Seen Today After Opening Market Continue Sell Off In That Case Wait For Sometime To Take Entry In Either BUY Or SELL Side.
Thanx.
BONUS TARGET ACHIEVED | TRADE SETUP FOR 30-07-2021 | COLPALNSE:COLPAL
It was a huge selling in COLPAL, due to result day today. It went down to test it bottom. Hope you had good sell trade. Both the pre-decided target achieved easily. As well as there were two bonus target, but most of might have get the one bonus target as well.
Simple trade setup for 30-07-2021
Since it has history as once it test the bottom and gets support it will recover all the down fall in couple of days.
Better to avoid intraday trading in the range marked on the chart. Only take the trade from the levels.
Do comment if you have any doubt or suggestion. I will try to respond ASAP .
Also do comment if my ideas are helping you to understand the trade setup, price levels and getting the trade in real market.
ADITYA BIRLA FASHION TARGET HIT | TRADE SETUP FOR 28-07-2021NSE:ABFRL
Today, 27-07-2021, it has broken the orange trendline and hit two targets above it.
Trade setup for 28-07-2021
It may come to test the 220 level or even till the orange trendline.
1) If it takes support from 220 level then it will be a buy trade. Targets are mentioned on the chart.
2) If it goes till orange trendline and takes support from it then from that it will be the buy trade. Target will be 220, 223.50, 227.
It will be bullish after getting confirmation on the support either from 220 or from the orange trendline. Only took the trade after this confirmation.
Do comment if my ideas are helping you to understand trend, levels and price action.
Let me know if you have any doubt or suggestion.
All 3 targets achieved in Aditya Birla Fashion [ABFRL]NSE:ABFRL
Today it worked as planned.
All 3 targets achieved.
Now from tomorrow all the same levels will work as support and resistance. Keep the trade on either side if one of the level break out or breakdown and you can keep the next target of next level in either up or down direction in trade.
Hope you had good trading in ABFRL.
Do comment if you have any doubt or suggestion.
HINDALCO CUP AND HANDLE PATTERN BREAKOUT| TRADE SETUP 28-07-2021NSE:HINDALCO
Today, 27-07-2021, it gave perfect breakout of cup and handle pattern with good move and volume. Also our Target hit.
Trade Setup for 28-07-2021.
It closed above 415, which is a good sign.
TOMORROW, if it goes below 415 and then test the support from range of 412.80-413, then go bullish. For Intraday, at least Book your profit or partial profit at 420 level.
As 420 is having highest call writing addition today. And if it keep on trading above 420 then the next target will be 425-428 zone.
For the sell side once it breaks the 410 level with bearish red candle then go short till 1st small target 407 and then 400.
Hope you had a good profit from this trade today. Do comment if my ideas are helping you to understand trend, levels and price action.
Let me know if you have any doubt or suggestion.