Support and Resistance Buy on dip. One Gap up pending - might be on Wednesday or Thursday
Coalindia looks good to add to the portfolio for short to medium term. RSIStairs on weekly charts has turned bullish. On daily charts it has given buy signal as per MomentumInvest trade setup. On monthly charts it made an MorningStar pattern on November. During DEC/Jan it has made a TweezerBottom pattern on monthly scale. In current month also stock took support...
Here is my analysis of SENSEX , NIFTY and BANKNIFTY. Market are weak and can go downside now. It's my own analysis it can be True or false. Analyze on your own before taking position. Comment to tell , ask or to suggest anything. Thanks.
Support and Resistance Next week sideways and some profit booking ICICI bank 680 CE, Target hit
#Reliance is so far the weakest link in whole Nifty segment which has not participated in the whole rally. Pre results rally also ended and stock closed lower. Price structure remains weak and stock may correct again. So good to create a bearish hedged option strategy at the moment.
Nifty & Bank Nifty Opening Trade Levels respected exactly as expected & Possible Setups after the announcements.
In this video I have tried to discuss critical levels of Nifty and Banknifty and the rationale behind them. Also i have tried to squeeze couple of sectoral indices so as to have a better view to approach markets going ahead
A hugely volatile day observed following global cues. Flag patter in observed on 1 minute chart with a downside breakdown however, it is near a support zone. Wish to see the support would be held and continue with sideways movement. Breakout visible at the end of the screen capture!
1. Bullish RSI Divergence at Daily & 15m timeframe. 2. Formation of ascending triangle, which is considered more towards bullish probability trend. 3. Formation of higher low at daily timeframe . 4. Price above EMA 200 on daily timeframe , its still bullish . Swing Trade Target1 - 222 Target2 - 234 Target3 - 244 SL1 - 205 SL2 - 200 (trend reversal)
Price action suggested a weakness in the index, hence continued to add more option selling at 14800 CE and bringing the hedge down from 14900 CE to 14850CE, thus reducing the risk in the trade and improving the risk-reward. Gap up opening was a bit of a scare initially for the Call sold position, however there was no decisive upmove which was a saviour.
First step of a successful trader is to build a Trade plan & review what he has done. This Channel is my Journey in Stock market as a Trader. This is my Trade Journal for Nifty & Bank Nifty . (education purpose for all ) Here, I will disclosed my Trade plan for trading day & review them, share my learnings. with hope that this will add value to your trade setup...
First step of a successful trader is to build a Trade plan & review what he has done. This Channel is my Journey in Stock market as a Trader. This is my Trade Journal for Nifty & Bank Nifty . (education purpose for all ) Here, I will disclosed my Trade plan for trading day & review them, share my learnings. with hope that this will add value to your trade setup...
Key Levels for Tomorrow are provided.... Hope you Guys like it.
First step of a successful trader is to build a Trade plan & review what he has done. This Channel is my Journey in Stock market as a Trader. This is my Trade Journal for Nifty & Bank Nifty . (education purpose for all ) Here, I will disclosed my Trade plan for trading day & review them, share my learnings. with hope that this will add value to your trade setup...