NIFTY TRADE AS PER MONK STRATEGY AND DO NOT SHORT NIFTY UNLESS YOU GET THE CONFORMATION.
ALL THE BEST!
Vaba
NiftyNifty was waiting for a trigger to start its course to correction and i think it have started its move into that direction.
As a trader i be more than happy to see Nifty completing the much required retractment as it will expedite its next move towards 13000-15000 levels in coming years.
My advice to new traders,
Preserve your capital and let Nifty complete its retractment.
Use this time to study about strong companies and start buying them as soon as they fall into your identified zones.
All the best!
SRIRAM TRANSPORTSELL AT BREAKOUT FOR TARGETS MARKED IN GREEN.
Incase it manages to close above line marked in golden colour then expect a trend reversal.
EXIDE BREAK OUT DONE Exide did a breakout as per my previous analysis and now you can open a long if it adheres to Monk setup.
Targets are marked in green.
All the best!
MONK NEGOTIATES SILVERTRADE SETUP AS PER MONK STRATEGY.
ONE SINGLE TRENDLINE AND THAT IS ALL YOU NEED TO TRADE AS PER PRICE ACTION.
ALL THE BEST
FEDERAL BANKBuy above the yellow line for green lines as targets and red as stoploss.
To know more about Monk strategy feel free to dm me on the link shared in my profile.
All the best!
RELIANCE POSSIBLE UP MOVE AND THEN REJECTION FOR ANOTHER RETEST OF LOWER SUPPORT.
BUT FOR NOW ITS A LONG
OLD SCHOOL ANALYSIS FOR RELIANCEThis simple old school charting technique tell us that Reliance is looking good for a long trade with green lines as targets.
If you want to learn more about the same or have any question then feel free to contact me from the link mentioned in my profile.
Dont forget to like the chart and share your opinion in the comments section.
All the best!
RBL BANK TAME ANALYSISTRADE IN THE DIRECTION OF ARROW WITH SHADED AREA AS TARGET ZONE.
SAVE THIS CHART AS THE ANALYSIS SHADED ZONES REMAIN VALID SUPPORT AND RESISTANCE FOR ATLEAST ANOTHER SIX MONTHS.
ALL THE BEST!
NATGAS Long on the breakout.
for any further updates you can check my tradingview profile.
All the best!
BUY NIFTY
Market loves to create trap for traders and unless you dont learn to read these traps you will end up on a loosing side.
Nifty is forming a short term bullish structure and rather then opening a short sell setup i will prefer to go long on the breakout from the wedge.
Dont forget to like the chart and Feel free to share your opinion in the comments section.
Visit my trading view profile to post any queries related to the charts.
All the best!
Gold will be a bit more expensive on #Valentines dayGold have been holding on to the bullish structure it formed in last week of January and a breakout from here will lead to another rally from current levels.
Pardon me for a messy looking chart but you can use it to learn how i have been trading gold moves since August 2018.
Dont for get to like and follow me.
Do check my profile to post any questions.
All the best!
BNB TRADE SETUP Though i do not trade crypto currencies and also not much aware about the fundamentals of various such existing currencies but i try to do technical analysis of some prominent coins as it helps me understand the play in highly volatile setups.
BNB looks to have made substantial gains in short term and its bullish structure is still intact as per ichimoku.
I expect this crypto currency to continue with its bullish structure for few more days before it shows the sign of any weakness on charts.
If you trade crypto currencies then i will request you to kindly DM me some good literature about good blockchain projects.
Do hit a like if you agree with my setup.
All the best!
UFLEX Trying to steal a long from otherwise a bearish stock.
Buy on the breakout with close trailing stoploss.
First target is marked with small greenline, if it closes above it then next target would be the big falling green line.
Major structure is bearish but local structure is indicating the possibility of small bullish move within the bearish structure.
Do hit a like and dont forget to follow me.
All the best!
Simple trendline chart tells you Nifty is at a point of decisionNifty is clearly moving in a channel and it seems if nifty fails to hold the fort at 11008 then it will most likely test the lower trendline in coming months.
I will not use any heavy words to confuse the traders and in simple words from here on my trade strategy will be to long every move above 11008 and short every move below 11008.
11008 also happens to be GOLDEN VABA NUMBER
Save this chart and check it every time you are not sure about NIFTY MOVES in future.
Dont forget to check my profile and connect with me.
All the best!
Buy it forget itTime for Tech M to go bullish and make the most of rising rupee.
Green lines are targets derived by vaba.
Do share your opinion and inputs in comment section.
BUY THE BREAKOUTStock is looking good for near term bullish price action and any further dip can be considered as a buy opportunity.
Trend traders should buy the breakout
