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Volatility

HDFC triangle breakout pullbackThe stock has broken out of an upward sloping triangle with good volumes. The shooting star at trendline and bollinger band resistance is followed by a red candle will lead to a pullback to the breakout resistance (now support) giving us an opportunity to buy. The RSI's overbought signal indicates the same. A very great stock, also considering the pressure on PSU banks, private banks like HDFC would do well. Medium and long term trend is up. (50,100,200 MA's) Target, let your profits run until you get a clear reversal signal.
HLong
by HarshShivlani
2
5 Days EMA crossing 50 Days EMA with Bullish bollinger Band ExpaHDIL stock is making a bullish move from range of 75-80 to the upper range of 90-95 in weekly charts... 5 days EMA is crossing 50 Days EMA from below with an expansion of bollinger band which is supposed to be very bullish move.. and RSI is around 60.... 80 to 81 is a good buying range with a Stop Loss of 77-78 and further targets would be 90-95... In monthly charts there is a 50 days EMA in the range of 90-95 which could act as a strong resistance so booking profit below the EMA would be good ..... Please Like, Follow and comment your views too.. :)
NSE:HDILLong
by MrAkshatP
1
Nifty Option Strategy for Deep Consolidation PhaseMarket seems to be in deep consolidation mode after the Budget presentation. Although PCR(Put-Call Ratio) of 1.1 suggests that uptrend is intact but this consolidation may continue till the end of this series. As we know that the nature of Volatility is to expand and to shrink and after the recent heightened activity sluggish phase is quite natural. Under this market situation trading the Index for intraday could be less rewarding and even it will eat the option premiums fast. Calendar spread works well under these circumstances. Possible Net Calendar Spread would be like this: Buying the Feb Call and selling the March Call of Nifty both of same strike i.e. 9000). One can continue till Nifty remains below 8950 and book losses if it crosses this level.
NSE:NIFTY
by praveen.bhatiya
2