LINDINDIA can go bullishLinde India after a break-out above the level of 4150 can be more strong. Check-in multi-time frame for entry with a good risk-to-reward ratio. stock is holding the 50 EMA level with good support & long trend is upward.
keep the stock in your watch list. This is for your educational purpose only.
Tradingview
GLSGLS:- Looking at the chart of the stock, there is a way of showing a double bottom pattern, plan something only after the breakout, till then keep your eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Every ready to take long entryEvery ready stock is to take a long entry above 305 after BO of marked TL with a target of 340-355. Stock is forming a W pattern on daily charts, Previously from the area, well support has been taken by the stock. Now a high probability that the stock will move upside. RSI also took support at 40 & forming positive divergences. This is for your educational purpose only.
Nifty: Important levels for trade day 24 April 2023All levels are given in the chart itself
Watch out for Nifty behavior in the zone of 17580-17644 zone for that may give an early cue as to where Nifty may head in to expiry week.
A movement of 250-280 points may be on the cards.
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 Important levels for 25 April 2023Nifty
Yesterday we had given a trend decider level of 17580-17644
Nifty spent a good 3 hours in the said range on 24th April 2023 and after 12:30 pm we saw a breakout on the upside. Nifty went on to make a high of 17754.50 (we had given a level of 17754)
Levels working to the point...
For 25th April important levels have been given on the chart
Take care & safe trading...!!!
Nifty important levels for 20 April 2023Nifty
Important levels have been mentioned in the chart
Nifty has fallen for 3rd consecutive day
- yet again held on to the blue support zone for April series
Yesterday I had mentioned that 17566 is an important level to watch out for as it can give an entry opportunity to both Bulls and Bears. For a 20-30 points risk it provides a reward potential of 80-100 points
Nifty made a low of 17579 ( 13 points from 17566) and closed the day at 17618.
Tomorrow being weekly expiry, upper level may be capped at 17732 odd levels
On the downside 17566 still holds the key.
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: Important levels for trade day 18 April 2023In previous post
One of the 3 important levels given on the downside was 17708. Nifty closed the day at 17706.85
Also had suggested the blue zone may act as Support zone for Nifty in April series.
Despite poor reaction to Infy numbers, Nifty has managed to take support in the blue zone. It recovered more than a good 100 points after touching the blue zone. What next…
Let’s see what Data is telling us…
Index Futures
Retail traders added 7833 Long contracts and squared off 6663 Short Contracts
FIIs exited 3406 Long contracts and added 4015 Short Positions
Pro traders exited 5015 Long contracts and added 9027 Short contracts
Index Call Option
Retail traders added 20.64 Lakh Call Long contracts and also added 18.67 Lakh Call Short Contracts
FIIs added 2.89 Lakh Call Long contracts and added 2.72 Lakh Call Short Positions
Pro traders added 4.13 Lakh Call Long contracts and added 6.27 Lakh Call Short contracts
Index Put Option
Retail traders added 12.90 Lakh Put Long contracts and added 12.27 Lakh Put Short Contracts
FIIs added 1.87 Lakh Put Long contracts and added 1.76 Lakh Put Short Positions
Pro traders added 2.88 Lakh Put Long contracts and added 3.63 Lakh Call Short contracts
Overall Put Call Ratio cooled off to 0.99 from 1.31.
Given the chart set up and Data inputs Important levels on Nifty spot for 18th April 2023
Important levels on the upside 17776 / 17804 / 17836
Important level on the downside 1 7615 / 17584 / 17551
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
HDFC STOCK BIG BREAKOUT.Great BO with bullish candle now HDFC stock is consolidating for a while . This happens when expected for a big move calm before the storm. Stock is forming the flag pattern. Can take entry after the BO of the pattern with Good risk to reward trade.Keep the stock in your watch list. This is for your educational purpose only.
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Nifty: @ top end of the yellow box...Nifty
Important levels are given in the chart itself
In previous post had suggested a Short Strangle strategy for Nifty 20 April expiry with Net receivables of 141 points
Current Update
Nifty 17700 Call 92
Nifty 17200 Put 27
From 141 the spread has come down to 119 giving a Net profit of 21 points per Strategy lot so far...
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: Chart set up and trading strategyNifty
- Nifty has given a breakout from the Blue box and is now trading in the yellow box
- 252 day EMA @ 17396
- 63 day EMA near 17540
- Line of Resistance 17620 odd levels around 20 April 2023
- 21 day EMA around 17240
- Lower level of Yellow box 17220 odd levels
- RBI Policy Announcement on 6th April 2023
- Result Calendar to begin soon
View: Rangebound for the next 2 weeks
Trading Strategy: Short Strangle for Nifty 13 April / 20 April expiry
Expected trading range for Nifty till 19th April 2023
- 17620 on the upside
- 17240 on the downside
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#Nifty Spot Daily Chart
-Daily 20 EMA at 17227 (Above)
-Weekly HL is 16828.33.
-Price Trading Into falling channel
-Facing HR at 17450 & 17565 is crucial level
-Daily RSI breakout
-For further downside close required below 16800.
-Upside close required above 17450-17565 for further upside.
-Currently trading range is 16900-17400 (Trading between this tight range from last 10 days.
-Trade as per TREND, Trade with HEDGE.
Bitcoin chart , direction is clearas the upper line is working as a trend line for btc but not along with its range as the ends the market will move against the sentiments,
beware with your trade the fluctuation will not be slight , it would be highly volatile
for further details
stay connected and stay tuned
thanks!