Nifty Next target levelsAs Nifty took the support as per my previous levels, now possible target of 18448 + depends on gap up ..
Trading-ideas
Gmdc multi time frame breakout analysis I make daily educational content videos on swing / positional trading
XAUUSD | ANALYSIS 1D If the green zone breaks the price, then more down movements possible, if it's taking support again in this area the next target is red supply zone
XAUUSD SELL OPPORTUNITY (GOLD SEEL OPPORTUNITY)Don't miss the great sell opportunity in GOLD (XAUUSD)
I drawn the Ascending Channel in XAUUSD and it's taking resistance on my Ascending Channel. I hope it'll fall till to 1833. If it's Breakout the channel you'll look for BUY trade.
Will see the next result on GOLD.
Youtube: Scalper San
Regards,
Scalper San
4 amazing trades with Nifty and Banknifty action plan for 29 SepI daily make educational content videos for financial markets
EURINR in downside channel EURINR inside a channel on downside at Day timeframe.Will remain sideways until breaks on up/down side of channel
LOTUS EYE HOSPITALLotus eye hospital broke multi year high, we are witnessing a cup & handle/rounded bottom formation
Stock ready to move higher
Target 75
Apollo TyreApollo tyres CMP 222
The stock is today giving some signs of reversal from trend line resistance.
One may consider
selling Apollo Tyres April series
Call Option
Lot size 3000
Strike Price: 230
CMP :3.5
Margin requirement: Rs 96000/- approx
Max profit potential Rs 10500 /- per lot
Thats a potential of 10.9% on margin amount
Holding period: till 27th April 2017
Risk of stock rising is covered till 233.5 on Spot levels till April Expiry day...
Take care and safe trading...!!!
ONGC - Bullish Harami Cross Pattern A Bullish Harami Cross pattern has been observed in daily charts of ONGC stock.
It is a good bullish reversal pattern, which is even more significant than a regular Bullish Harami.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A red body is observed on the first day.
3. The Doji that is formed on the second day is completely engulfed by the body of the first day.
The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a red body followed by a Doji that is completely inside the range of the prior black body.
The price should close above at least 50% of the red body which in this case comes at 185.6
Target: 190 / 196 in Short term and 219-241 in Medium term
Stop Loss can be placed just a tad below the low made on either of the 2 days (a couple of points below 183 which is the low formed on 30-Mar-2017).
Risk::Reward Ratio is at 1 :: 3.66
Take care and safe trading...!!!
