Coal India - I see potential of 180 🔰 MY thought process :
⭐I see two channels as drawn
⭐Also, I see that its on that ide of both channels where confluence can be seen taking support from one channel and resistance from other
⭐Seems like a bullish pattern to me
⭐risk is small if it breaks on the channels for uptrend = exit
⭐Target = hold till it touches the line that is at the top near 180 !!
🔰Am I taking this trade now:
Already in it :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Tradingideas
NZDCAD - Trendline Breakout and Retest done.We have found a trendline breakout and retest on weekly and daily charts, which is considered to be a strong signal. Look out for shorting opportunities on smaller timeframes.
BE ALERT - We are at the Support zone at CMP. So kindly wait for its breakout for more secure trades.
Panacea Biotec 3yr BreakoutWhat a beautiful breakout.
Look at the towering volume candles in the last 4 weeks.
Already tested the breakout area on Daily candle.
2000cr Market cap, Vaccine story.
Great order book. Good for 20% return in a couple of weeks.
Could potentially double in the next couple of months.
Nifty: Would the green zone provide support...???Nifty Closing Price 14238
- Nifty has seen a drop of 500 odd points from the top of 14753
- in the last 2 trading sessions, Nifty has traded the channel well...
What next?
Till the time green zone is held on to, Nifty has a possibility to bounce back...
Important levels on the downside: 14213 / 14193 / 14148 / 14105
Important levels on the upside : 14288/ 14320 / 14358 / 14445 / 14530
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty: Will Nifty get rejected at blue line again???Nifty
CMP 14250
- Yesterday's close truly reflects the importance of Data Analysis along with Technical Analysis.
- On the options front Retail traders are Net Call Buyers and Net Put Sellers (Bullish)
- FIIS are Net Call and Put buyers (Neutral)
- Proprietary traders are Net Call Sellers and Net Put Buyers (Bearish to sideways)
- Majority of Call sellers would be happy if closing is below 14200 and would not be much bothered even if closes at 14252
- For majority of Call Buyers to profit, they would want Nifty closing above 14252
This is what data reflected yesterday. ( message in private for more details)
- Our weekly Nifty expiry strategy (updated here and closed in profit) tries to capture the essence of Data analysis along with Technical Analysis.
So don't forget to Follow
Going forward,
- we see Nifty price getting rejected twice from the blue trendline
- if we see the rejection again, chances of Nifty breaking the yellow support line would increase and it may eventually fall up to 14030 and possibly even 13800
One may Consider the following strategy for Nifty
Sell Nifty 28 Jan expiry 14500 Call option around 120
Buy Nifty 28 Jan expiry 14700 Call option around 58
The strategy has max profit potential of Rs 4650/-per lot giving a yield potential of 13% till 28 Jan 2021
In built Loss protection for a rise in price up to 14562 till 28 Jan 2021
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
LIC HSG FIN: Chart set up & trading strategyLIC HSG FIN
CMP 403.20
- The stock is running in to a series of potential line of resistance around 404 / 418 / 424 / 439
Given the chart set up
One may consider selling LIC HSG FIN 440 Call Option for Jan 28 expiry
Lot size 2000
CMP 7.1
Max profit potential Rs 14200/- per lot. Yield potential of 8.5% on Margin Capital
Risk cover for a rise in price up to 447.10 till expiry
Take care & safe trading...!!!
Follow for more such ideas
Disclaimer :
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty: Kya lagta hai... ...Naya High Marega... Follow UpNifty
Back in August, 04th August 2020, to be precise, we had put forth this scenario that Nifty could potentially make new highs in the next 6 months... . At that point it seemed crazy, ridiculous, impossible, but come November, we are in the 4th month and here we are, Nifty at a new high...
This is what we had said back then...
by trading above 10551 for a month now, as I see it, the structure seems to have changed... The new structures seems to suggest that Nifty might be heading towards 14200 odd levels in possibly next 6 months
Yes that's what we said in August, when no one thought it could be a possibility... but Technical Analysis and historical price behavior helped us envision this scenario way ahead...
You can read full detail analysis, here, in the link below....
View posted on 04th August 2020
If you remember, Nifty recently made a low of 11535 on 30th October, 2020...
The importance of 11535 is highlighted in our article posted on 18th September
That's what Technical Analysis can do for YOU...
If you have read the above 2 articles, you would understand, why doing your homework (analyzing before trading) is critical to improving your chances of winning trades... and staying ahead of the curve!!!
Remember my Lines...
No can time the Market... but when time comes one can surely make the most of it...
Cheers & Happy Learning...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Tata Motors BreakoutTata Motors CMP trend is visibly showing higher highs and lower lows for past few months. Lows have significantly increased for minimum RSI and demand volume has increased considerably. Next Breakout is expected in a month when Tata Motors breaches 153 price level of resistance. Trend is expected to continue post this breakout as next level of resistance is the price band of 190-200.
INVESTMENT IDEA on SUNPHARMA | Rising Parallel ChannelStrong and HIGH PROBABILITY BUY SETUP on Sun Pharma. Currently in the best price zone to buy (510-500). Target: 562, 580
Time duration: HOLD for at least a month. Expected ROI 11-16%
The factors supporting our view are as follows:
1. Price is sitting just above the parallel channel's support trend line
2. Price is sitting just above an important psychological price level of 500
3. Price is sitting just above an important demand zone (495-505)
LIKE AND SHARE if you like our investment idea. Do let us know your opinions and suggestions in the comment section below.
Trading Experience: 2.5 YEARS
NOTE: The above mentioned view is our personal view. We are NOT SEBI registered. You are solely responsible for any losses that you might incur from our signals.