Today I am expecting a short term trade in sun tv. The following factors tends me to take out this trade. 1. Trendline breakout 2. Positive OI builtup 3. Increasing Volumes. I am expecting a profit of 20 points from this trade and I would like to keep a SL at below trend line closing. Please consider this idea for educational purpose.
Important Levels for 02/09/2022. The context is definitely not bearish from where it stands currently. If we see a flat open and we break 17620 on the upside after initial 15 mins, then we can immediately take longs with SL of 16585 and look for initial target of today's high @ 17734 and final targets at the previous seller reference area of 17783-17843. On the...
Important Levels for 02/09/2022. We witnessed a volatile session but our levels worked wonders and in the end had a good expiry. For tomorrow, the seller reference zone is 39600-39780 and if we see a flat open and price gets rejected we can witness a good fall. The targets to look forward here are 39100,38952 and final targets of 38796. SL here will be 39800. If...
Tata Consumer Cmp 838 dated 1-9-2022 1. Ascending Triangle Pattern 2. BO @ 838 3. Price Rise with Volumes Buy above 840 for tgt of 925-985 SL 780 It is just a view, pls trade at your own risk.
APLAPOLO Long (01 Sep) RSI- 52 Buy at CMP- 1010 SL- 945 Target- 1120, 11165 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
We can observe that the price has successfully closed above the previous 52 Week's high price which was a major supply zone and the price has reversed from that zone couple of times. Increased volume gives confirmation for zone breakout. The stock has the capacity to make nearly50-60% up move in the coming days. Trade set-up 1) Ideal entry price would be...
Important Levels for 01/09/2022. With the VA shifting to the upside in the last minutes, either the morning longs have booked out of their positions or smart money have taken positions. On Thursday if we cross today's high and sustain above it for the first 5 mins, we can see another round of buying till the old seller reference of 17938-17980. But if we start...
Important Levels for 01/09/2022. What a day it was, we had expected this move and captured a good chunk of it. The buying was relentless and even pullbacks were not more than 50 points, such was the strength. For the expiry, once we cross today's high @ 39800, the immediate seller reference area is from 39984-40083. Longs taken can book full profits here. Any...
Important Levels for 30/08/2022. Once we break today's high @ 17440, and sustain above it for 15 mins, we can take long positions and look to book complete position at the previous seller reference of 17660-17710. Partial gains to be booked around 17515 and 17615. I personally wont be shorting the index as to where it stands currently. Scalps can be taken once we...
Important Levels for 30/08/2022. A big gap down but after that not much strength was seen from the sellers and the buyers defended 38400 levels brilliantly. If we open flat and sustain above today's high @ 38560 for a 15 min candle, a wonderful trade opens up with final targets of 39218. Partial positions can be booked at 38740 and 38960. SL can be of 80-100...
NMDC rising after consolidation. Huge volume delivered Target mentioned on chart. Lets see....
NSE:MUTHOOTFIN Intraday setup in Muthoot finance For option levels are mentioned on charts. trade with 11% stop loss trade with decipline keep learning happy trading DM for more info.
HATHWAY It's showing some strength by trendline breakout with good volumes Keep in radar Make sure you follow proper risk management
Another good example of candles respecting Parallel Channel (PC) ◉Technical Analysis:- Analysis with The Slope of Parallel Channel (SPC): SPC B = SPC A1 and so SPC A2 SPC of D = SPC of E And now we are at the breakout level of the Big PC B Here we can see the PC A2 is formed near this breakout Such same PC A1 was formed before the breakout at 294 on...
Somi conveyor belt #SOMICONVEY weekly chart. looks good to reclaim high. crossed the pivot with volume. #StockMarketindia #stocks #stockstowatch
PRAJ INDUSTRIES STOCK is near its resistance and trendline if candle breaks it and sustains above it you can go long in it only after doing your own analysis. Entry price, Targets and SL are given in the chart. Please trade with money management rule ONLY FOR EDUCATIONAL PURPOSE..!
1. Breakout from the accumulation phase. 2. MACD crossed above zero. 3. Increase in 10-day Avg Volume. 4. Price is retesting the breakout level. 4. Good time to buy with Tight StopLoss.
Poonawala Cmp 292 dated 12-8-2022 1. Triangle Pattern BO @ 295 2. Volume Rising. Buy for a tgt of 307-320-330-345-380 SL 265 It is just a view, pls trade at your own risk.