Coal India LongKeep your eye on Coal India it is looking good. Currently, I am neutral. Today's candle has given a small trendline breakout.
Tradingsignals
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
Chola finance in bearish modeIn coming days we can see more weakness in stock if trading below 200 EMA. Shortly we can see the 690 to 650 levels soon in the stock. So add the stock in your watch list.This is for your educational purpose only.
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
👍👍👍👍👍👍👍👍👍
TRADING FACTS
PEL Strong Support brokenPEL strong support zone has been broken. You can see the levels 650-685 soon—trade as per your risk-to-reward ratio.
This is for your educational purpose only.
How to select the Stocks for INTRADAY Trading #tradingstratergyHow to select stocks for Intraday or short term.
We can do this in two ways.
First one, using manual method and the second one is using screeners
For day trading, we need to complete the trading in the first 1:15hours or last 1:15 hours i.e at 2:15 pm as the volume tends to be more by this time, in between, the market will be in the consolidation oe else, it will be setting for a new trend.
btc trading around 20700$ here what is repeated againbtc trading same as 14th feb its time do not think once or without blinking your eyes here will be a bull run for altcoin as the sideways will start over again for short time of period advice tight stop loss and fill up your trading bags
convert an offer into an opportunity
#chartanalysis
#btc
#crypto
#tradingcops
OBEROIRLTY BEARISH OBEROIRLTY is in bearish trend now
its a make a pattern
And try twice to braout this trend but it failed twice
now it is in bearish trend after a fake breakout
keep an eye on this after a strong consolidation and with a fake breakout
THEY are trying to active a more seller
keep an eye
just a view
we are not responsible for any p/l
consult your advisor first before any trade
ITD Cementation to take for long entryITD cementation stock respecting the TL resistance. If this stock is able to BO the TL then a good move can be expected in the stock. Long after the BO for the first target of 125 then 145. Keep trail SL once touched the fist target. Keep the stock in your watch list. This is for your educational purpose only.
Really can take Dixon for long entry?Long Dixon at the bullish movement. Both entry points have been shown. Trade as per risk to reward.
Scenario 1 - Can take an aggressive entry if a good setup is seen in the lower time frame? Pros- Can catch the bullish move at Breakout? Cons- Can BO be failed?
Scenario 2. Can take a pull-back entry if a good setup is seen above the support area? Pros- Can be a nice entry point with good to-risk reward? Cons- Can the price never reach the support area?
Please read carefully the above points & make your strategy accordingly. These types of plans are essential to catch a good move. The pro trader has kept all types of strategies as per the market conditions.
This is for your educational purpose only.
EURUSD Chart Behavior On 8th March The entire day we can observe that the Intrument traded on a Sideways market with some false breakouts during the NEWS.
ATTENTION !!
Be prepare for a sudden Movement , it could be a bear run or a bull run as well.
HDFC Life Insurance Company Ltd :There is Still some more to dipHDFC Life Insurance Company Ltd is an India-based life insurance company. The portfolio comprises of various insurance and investment products such as protection, pension, savings, investment, annuity, and health. There seems to be a Break down Coming in Daily Time Frame. A Good Stock to keep a watch on. All the indicators are implying a downfall. The Entry Level , Targets and Stop Loss are as mentioned on the chart. For Aggressive Traders, It is already a time to take entry as the Stock is stuck in a RANGE , and 6 days are over. Hence we may see a NR7 break down immediately.
Good Luck !!!
boost my Idea if you like it.
#Equitas BankStock has completed round bottom pattern, and favourable for good risk reward of 1:2, keep in radar.
Nifty & BankNifty Setup for 01-03-2023In this video, I share my analysis for Nifty and Bank Nifty for tomorrow. I use my own technique called FASP to identify the immediate targets for the index.
These levels are important to recognize where the key resistance and support points exist. Map these levels to your charts and explore how it works for you.
Wish you a very happy and profitable year ahead!
#ThermaxStock is moving in higher high direction, again retested BO level, keep look at entry level and target.
Nifty Long for swing tradeNifty is approaching the demand zone. So wait for the correct entry. We can easily take 200-500 points with good risk-to-reward trade. Pro traders wait for the price to be approached near the area of value. Any bullish signal or price action movement with the combination of RSI will take a long entry. This is for your educational purpose only. will
ASIAN PAINTS LTD: INTRADAY SETUP FOR WEEKMy Intraday Set up for Asian Paint for next few days.
As discussed previously , the stock has just seen the reversal trend in upward direction , we must thus wait for opportunities to buy.
On 15 min chart , the stock is currently in range as detailed in chart. Once the breakout is seen , we have the opportunity to enter the trade. The entry trigger will be the price action @ 2852.20 , leading us to various targets as detailed in chart. Each targets is preceded by some resistance . Hence , conservative traders may exit and re-enter the trade once the resistance is broken out.
The technical indicators at current level are as under :
CMP : 2825.55
MA50 : 2822.08
MA200 : 2801.62 ( Cross Over)
RSI : 57.894 crossing over
ADX(14) : 17.682 ( No Directional Strength - In range )
ATR (14) : 5.18 ( Less Volatile )
One must enter the trade only after the Breakout , and conservative traders shall wait for price action. Good Luck !!!
Suggestions are welcome .
Falling wedge pattern breakout in ESCORTSESCORTS
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2410+.
✅Can Go short in this stock by placing a stop loss below 2045-.
✅breakout this can give risk:reward upto 1:4+.
AMBUJA CEMENT LTD : ISME JAAN HAI LONG TERM CALLOne of the India's leading and oldest cement manufacturing company and well known brand of Middle Class Segment of our Country AMBUJA CEMENT, had shown some sharp declined in Jan 2023. However buyers are back and the chart is in the Demand Zone. Let us analyze signals we are getting from chart.
1. The Stock has already faced rejection from both Distal line and Proximal Line of the Demand Zone as marked in circles in chart.
2. The chart is forming three back to back Hammers on Weekly time frame.
3. RSI is 33.30 ( under bought) on weekly timeframe.
4. The chart is in the formation of Three Bottom Pattern as shown as A, B and C on daily time frame.
5. Total Volume of trading in last three trading days is over 36 Millions.
6. Two days ago , Ambuja Cements Wins Bid For Uskalvagu Limestone Block , Orissa thus attracting Institutional Investors.
The entry level and the Targets are marked on the chart. This is a long term trade plan. Conservative Traders must enter the trade only after price action @ 353 and 399 .
Thank you for boosting my studies , and it is motivating me a lot to share more analysis with Trading Community. Best Wishes !!
Head & Shoulder Pattern in GoldCheck levels as per marking on Chart, Gold has short condition as per our analysis for the target of 54000.
SBI Card to take long entry.Long SBI card above 780 after the BO of marked resistance line. The stock has traded at the area of value. Strong support has been taken by the stock. The bullish engulfing candle is also seen at the support level on the weekly chart. A higher probability that stock will bounce from this area for the next target of 850-900-915 with SL between 680-690. This is for your educational purpose only.
