Nifty Outlook- Ascending Triangle (Trading Plan) (22nd Oct2020)Traditional Chart Pattern- Ascending Triangle Discussed along with trading strategies in Hindi & English both. Thanks for watching the video
Active Currently - Plan A - Sell Below 11955 for 11790-11810 target zone (Stops- 11960)
Plan B- Buy in 11790-11810 with stops below 11750/11760 for target zone 11980-12000
Plan C- Sell Below (Strictly Stops above 12025) for target zone 11870-11880
Plan D- Buy in 11850-11875 with stops below 11790 target 12025 / 12250 +
Wavetalks
Tata steel- Careful at the tops @393-395View is valid only below 395 levels- Do not sell if stock not falling below or holding above this level.
Looks all mess upside & choppy moves. Possibly finishing Wave-x (circled) within Wave-Y. Only if Index Nifty moves above 12025 - I will avoid selling else -I am looking for steel to fall in final wave -Y
Targets - 385-387 / Below 385- Target -370 / Below 370 Only- Target -360/ Below 360 (Strictly follow the levels) -343 & Final Target - 300 in next few weeks & months ahead.
AshokLeyland- The Big Move 40 to 83- My Next Portfolio StockDisclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Portfolio Picking Zone
Zone 1- Between 60 & 65 - If drops below 60 then plan your stock pick between Zone 2- Between 40 & 45 zone
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ONGC - Portfolio Stock Pick @ 60
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Thanks for watching the idea. Have a wonderful time ahead.
ICICI Bank - Target Upside 380 & Above 380 for 410Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Plan A - Buy with strict stops below 345 for Target- 380 / Above 380 for 410-420 (Not Valid Below -345)
Plan B - Sell ----------If Stops bet 410-420 zone upside Target 380 / 347 /338 / 325 /287
Auropharma - Cracking The Code for Rs 40000 - Will it Give More?Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Sell is valid only below 805 or close to 810 - No Trading if goes above 805 or 810
Target - 790 /775 / 760 & More on downside
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Connect with me on my Social Tools mentioned on my TradingView profile page for more actions
in.tradingview.com
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Last Idea on TradingView
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SP500 Index- Nifty / Stock-ITC/Hindalco/Auropharma- Weekly CheckDisclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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SP500 Index - A possible top close to 3200 levels - Reasons for Top or Halting close to 3200
Wave Y = 61.8% of Wave -W
Middle Line of Parallel Channel is close to 3200 levels
Support / Hero turning their roles into Resistance / Villain - Polarity Reversal Concept close to 3200 levels
Index- Nifty
Nifty May Halt with Double Top at 10175 / Below 10175 for 10050 / Below 10050 for 9950 / More below 9950
Stock -ITC
Sell Below below 200 (strictly) for 195-196 / Below 195 for 190 / Below 190 for 185-186
Stock - Hindalco
Selling below 150-151 (Strict Stops above 151) Target -148 / 145.50 / 143 / 138 / 130-132
Stock - Auropharma
Selling next below 721 for Target 700 & Below 700 for 650-660 zone