Long Nifty from current levels :: BTST TradeNifty has taken support in lower ra @nge on friday and today after opening in gap up profit booking seen. But as of now it has not broken out down support range so chances are high we can see a pull back from here which can take nifty towards 17800+ levels. Right now it trading at 17624 so if anyone can ready to take little risk of 100 points from here then this could be best trade to ride for upside. If anyone wants to go long can go with given levels on chart but trade carefully and use proper given stop loss.
For option lover i have a trade:-
it is bulls spread trade because i am expecting a sharp move till expiry, I will recommend everyone to hold this trade till expiry or when you get stop loss
So,
Buy 27Apr 17600 Ce at 96
and sale17800 Ce at 17
Stop loss for this trade 17600 strike if it reached 40 sale it.
Trade Carefully
If anyone likes my work then please do not hesitate to like, follow and comment.
Thankyou:))
Tradingsignals
what is The symmetrical triangle patternThe symmetrical triangle pattern is a technical analysis chart pattern that forms when the price of an asset is moving within a range, with the highs and lows converging towards each other.
it is characterized by two trend lines that converge toward each other, forming a triangle.
It is confirmed when the price breaks out of the triangle, either above the upper trend line (bullish) or below the lower trend line (bearish).
Traders often look for a price target that is equal to the height of the triangle at its widest point, projected in the direction of the breakout.
The symmetrical triangle pattern can be a reliable indicator of future price movement, but it should be used in conjunction with other technical analysis tools and market indicators.
one can support the work by simply following BACTIFY and sharing the same with their friends
all the best and happy trading
Bullish Flag Pattern breakout seen in Aditya Birla CapitalABOUT COMPANY:-
Aditya Birla Capital Limited, the holding company for the financial services businesses of the Aditya Birla Group, is a universal financial solutions group catering to the diverse financial needs of its customers across their life stages
Market Cap
₹ 39,812 Cr.
Current Price
₹ 165
High / Low
₹ 166 / 85.6
Stock P/E
8.61
Book Value
₹ 67.7
Dividend Yield
0.00 %
ROCE
8.20 %
ROE
11.4 %
Face Value
₹ 10.0
Debt
₹ 68,328 Cr.
EPS
₹ 19.2
PEG Ratio
0.34
Promoter holding
71.0 %
Intrinsic Value
₹ 180
Pledged percentage
0.00 %
EVEBITDA
10.9
Well we already have seen bullish flag pattern breakout, and other major indicator also giving positive crossover in this ticker. So we can assume this is going cross all time high very soon and now big player also gonna to join this momentum. Chances are very high we can see all time high in coming 2-4 months. Company has delivered good profit growth of 25.6% CAGR over last 5 years. Buy for long term also as this is one of very reputed group in india. If you horizon for trading then do not forget to put stop loss.
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Neat & Clean Breakout in Dr. reddy's lab Target 20-25% from hereDr. Reddy's Laboratories Ltd is a leading India-based pharamceutical company which offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical services (CPS), generics, biosimilars and differentiated formulations.
Market Cap
₹ 80,814 Cr.
Current Price
₹ 4,853
High / Low
₹ 4,920 / 3,788
Stock P/E
22.2
Book Value
₹ 1,248
Dividend Yield
0.62 %
ROCE
14.1 %
ROE
11.5 %
Face Value
₹ 5.00
Debt
₹ 1,729 Cr.
EPS
₹ 219
PEG Ratio
2.01
Promoter holding
26.7 %
Intrinsic Value
₹ 2,359
Pledged percentage
0.00 %
EVEBITDA
12.8
PROS
Company has reduced debt.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 21.6%
CONS
Stock is trading at 3.89 times its book value
The company has delivered a poor sales growth of 8.70% over past five years.
Company has a low return on equity of 12.2% over last 3 years.
Well i have done my analysis, Seen neat and clean Breakout (Price and action), MACD bullish crossover, 200EMA all giving buy signal in Dr. Reddy' Lab. i am expecting 20-25% returns safe next 3 to 6 months. If anyone wants to go long can go from given levels on chart.
Please follow strict stop loss.
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Tata Steel has broken out of the long downward sloping trendlingTata Steel has broken out of the long downward sloping trendling and can resume its upward move in the coming weeks and months on the back of fall in the dollar index. A short term trade can be taken from current price 107.95 for a target of 118/120+, keep stop loss at 98. Please accumulate more if you get 103-107 levels.
Please follow a strict stop loss.
For option lover i also have a trade:-
option buying:- buy tatasteel apr 105ce @4.30
keep a stop loss at 1.5 and go for target 8/10/12+
option writing:-
sell tatasteel apr 115pe @7.45
and hedge with 105pe @1.10
keep a stop loss at 15 for this trade.
Please follow a strict stop loss.
If anyone likes my work please like, follow and comment.
Thankyou
bitcoin major support , major resistanceremember last time price went to $19600 now it roaming at the price of $28k
we passed this signal to hold long from $20k now, again the situation is becoming tricky , you know what to do in these conditions
hold firmly for the support zone once the week candle ends
follow for more
here to help you not to disappoint.
!thanks
Nifty: 29 March 2023 Expiry viewNifty
- Important levels are given in the chart
- Earlier when Nifty was at 17050 odd levels I had given a bearish view
- Nifty is down 100 points from those levels
- Explosive movement has not happened so far but for the last 2 days Nifty is opening higher around 17000; trading above 17000 for a couple of candles on 15 min chart and then giving up in the 2nd half.
Is that a sign of a confident Bull or are the Bulls nervous or are the Bulls creating a trap for the Bears?
Well only time can tell that. Prima facie, for Bulls to regain control Nifty needs to sustain above 17155 / 17200 odd levels. Till then Bears have the upper hand.
Prima facie Expiry range for 29 Mar 23
Small Expiry range 16913 - 16991
Medium Expiry range 16874 - 17033
Broader Expiry range 16828 - 17065
For me Risk::Reward ratio not favorable to play for today's expiry.
For the April series, as a risk management measure Trailing SL to 17080 (Nifty Spot levels) on closing basis for April series.
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
Btc shows triple bottom in short time this analysis have been good so far , you guys must have got the result in your wallet support me by liking and sharing my ideas to more audience for more effective work.
btc can reverse its price any moment as the sentiments show greed and temporary fear in the market.
btc in danger zone if this happensbitcoin has surprised many of us , we have been witnessed a rapid week of bullish but it all came after a deep dive of $19600 and now btc is trading around $28500 what major concern here for bullish reversal here is
if it comes below $26330 then short position will make their high posittion
for further check the bio
thanks!
SELL Swing muthoot FinanceSell muthoot finance below 960 for the target between 910-900 with strict SL of 990. Reason for your learning of taking short call 3 star trading setup
1) Stock Rejecting 50 EMA Level.
2) Support will be BD again below the 960 level.
3) RSI too Rejecting 60 level. Even not able to touch the 60.
All above points shown weakness in structure of the stock. This is for your educational purpose only.
Nifty Chart set up for Final 29 March expiry weekNifty
Last time when Nifty closed at 16988 I had suggested that Nifty can attempt for 17200 / 17400 odd levels
Nifty achieved it's 1st target but is struggling thereafter.
In my Expiry range for 23rd March, I had given 17207 as an important upper resistance and only a close above 17233 would have opened doors for 2nd target.
On the lower side 17065 was given as lower level. Link for the idea is provided. Go ahead and click the Play button in that chart and see the magic unfold.
Nifty made a high of 17205 and couldn't sustain thereafter signifying weakness of the Bulls and finally closed just a tad above 17065.
Now heading in to the final week of March expiry.
Nifty has managed to stay afloat so far but will the Bulls face a similar fate like Team India did against Team Australia in 3rd and final ODI.
Team India looked in control of the game till 35th over but collapsed in the final overs.
The Line of Resistance are packed on the upside. The Bulls are literally standing against the wall.
And the Support levels are spread far across. In case Nifty breaks Below the green line of Support, the field would be wide open and Nifty target in that case could be around 16449 odd levels in coming days (Positional view)...
Psychologically Nifty closing above 17155 could give some hope to Bulls.
Nifty closing below 16960 would make Bulls nervous and a close below 16828 odd levels could give Bears total control.
Important levels on the upside
17155 / 17233 / 17400
Important levels of the downside
16960 / 16828 / 16449
I have a Bearish view and would consider it to be invalidated if Nifty closing is above 17155 / 17233 odd levels ( you can chose your level depending on the your risk appetite)
Take care & trade safely...!!!
If you find the Analysis helpful do Hit the Like button and Follow
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
Respect the SL? Check why it is important to respect the SL?Why We need to respect Stoploss?
#tradingclasses #tradigstrategy #tradingideas #tradingcourses.
With Technical analysis , we can predict the next movement of the market 80-90% most of the time, and 10-20% of the time market reverses. we need to respect that 10-20% failure to sustain in the stock market career. Market is always superior. . If we dont respect the SL, this will lead to washout of our capital and more than that it will affect our psycology and trading journey.
with this information, Hope u traders take trade with predefined SL to find success in trading journey.
cheer us with thumsup;
thank u n Happy Trading
KHADIM STOCK WELL SUPPORT TAKENLook Khadim stock very well support taken but be very cautious very bullish candle or can say sudden spike in a single day might be fake BO. So lets settle the stock above the 50 EMA for some time or entry to be taken on re-test around 195-200 level . Keep & watch this stock . This is for your education purpose only.
#HDFC Looking good for today 15 mar 23#hdfc... ✅▶️
⛳️⛳️⛳️⛳️⛳️⛳️⛳️⛳️⛳️
Intraday as well as swing trade
🔷All levels given in charts ...
we provide stock as well as option level over their
🔷 IF good potential seen then we work in options also
🔷 if activate then possible a huge movement Keep eye on this ...
🔷We take trade only when it activates...
🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻
Possible to give good target
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