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BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Resistance Breakout in GOLDIAM BUY TODAY SELL TOMORROW for 5%
NSE:GOLDIAM
by Kapil-Mittal
2
TCS Q3 Result on 9th January trading strategy The price is currently approaching the lower end of the channel, near support. The price is testing support near ₹4,000, a critical psychological and technical level. Volume appears relatively low, suggesting a lack of strong participation during the recent pullback. This could mean limited selling pressure. Support Levels: ₹4,000 (current level, coinciding with trendline support). ₹3,800 (next major support, below the trendline). Resistance Levels: ₹4,400 (immediate resistance). ₹4,600-₹4,800 (upper channel resistance). Suggested Trading Strategy ~ Long If the stock holds ₹4,000 and starts to reverse: Entry Point: Around ₹4,000–₹4,050. Stop-Loss: ₹3,950. Target Levels: ₹4,400 (initial) and ₹4,600 (secondary). Suggested Trading Strategy ~ Short If the stock breaks below ₹3,950: Avoid buying, and consider shorting with a target of ₹3,800. Stop-Loss: ₹4,050.
NSE:TCS
by Simplecharttraders
Deccan ready for another leg of upmove?-Trading right below a resistance. -Volume spikes with price movement -Close to previous ATH -After a brief upmove stock pulled back and now trying to break a resistance. Entry: 769 T1-849 Positional Target: 1056 Safe traders wait for a close above 850( ATH) for entry. SL 666 Closing basis. The market is weak and breakouts are susceptible to failure. So please do your analysis before entering. Risk Management is imperative, please do not forget this. Conservative Traders Wait for the Nifty 500 to close above 24900 to initiate a new trade.
NSE:DECCANCELong
by sagartharayil
Aegis Trying to breakout of a long consolidation. Observations: 1⃣Trying to break out of consolidation/DarvasBox. 2⃣Closed Right below previous ATH/Resistance. 3⃣Huge Volume 5⃣Inverse Head &Shoulders on DTF. 6⃣Dry Volume During Consolidation/Pullback. 1⃣Action Plan: ➡️Entry Strategy: Enter on a retest of ₹969.5 in case of a gap-up opening or Enter Above 1017.25 with 50% qty and wait for a retest. 2⃣Risk Management: Place a stop loss at ₹843(Day Closing Basis). ➡️Use trailing stops to lock in profits as targets are reached. ➡️Volume Confirmation: Monitor for sustained volume above average to ensure the breakout is genuine. ➡️The confluence of the Inverse Head and Shoulders and Darvas Box breakout significantly strengthens the bullish case. Market is very weak. So exercise extreme caution and manage the risk.
NSE:AEGISLOGLong
by sagartharayil
2
Option and database trading An option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is the price at which you can buy (call) or sell (put) the stock The Bottom Line. You don't need a considerable sum of money to become an options trader. You can start small with a capital of less than Rs 2 lakhs too. However, as you start small, you need to be a careful trader so that you can cut down on the possibility of losses and enhance the return potential of your trades
BSE:LTTSEducation
by SkyTradingZone
2
Bearish Trend Testing Key Support LevelsKey Observations: Downward Channel: The price is moving within a defined downward-sloping channel, indicating a bearish trend. The upper boundary of the channel near 570 INR is acting as resistance, while the lower boundary could act as support. Fibonacci Levels: The price is currently near P Fibonacci support (~510 INR). A breakdown below 510 INR could lead to the next support at S1 (~430 INR). Consolidation Zone: The stock had been trading between R1 (~651 INR) and S1 (~425 INR) before breaking into the downward channel. Resistance levels to watch: 570 INR (channel resistance) and R1 (~615 INR). MACD Indicator: MACD shows strong bearish momentum, with the MACD line below the signal line and a red histogram. Momentum remains negative, suggesting further downside unless a reversal occurs. Volume and Price Action: No significant volume spikes indicate a lack of strong buying support currently. Recent candles suggest selling pressure dominates, with no reversal patterns forming yet. Potential Scenarios: Bearish Continuation: If the price breaks below 510 INR, the next critical support level is at 440 INR (S1 Fibonacci level). A further breakdown could extend the decline toward S2 (~370 INR). Bullish Reversal: A reversal pattern (e.g., hammer, bullish engulfing) near 510 INR could signal a recovery toward 570 INR (channel resistance) or even 615 INR (R1). A breakout above 570 INR would indicate a potential end to the downward trend. Conclusion: REC Ltd is in a bearish trend, trading near key support levels. A breakdown below 510 INR could lead to 440 INR, while a reversal at this zone could signal recovery. Traders should monitor the 50 INR level closely for confirmation of direction.
NSE:RECLTD
by TrueVithbyVishwanath
divergence tradingDivergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. This means fewer trades but if you structure your trade well, then your profit potential can be huge. Divergences on shorter time frames will occur more frequently but are less reliable.
BSE:LTTSEducation
by SkyTradingZone
Consolidation with Bearish Momentum Near Key Support The chart shows Bank of Maharashtra in a consolidation phase between 51 INR (support) and 72 INR (resistance). The MACD indicates bearish momentum with a negative crossover and histogram. Price is near the S1 Fibonacci support level, and a breakdown could lead to lower supports (S2 or S3). Watch for reversal patterns like hammer or bullish engulfing at support for recovery, or further bearish continuation if support breaks.
NSE:MAHABANK
by TrueVithbyVishwanath
Testing Key Support with Bearish MomentumTata Power is consolidating between 370 INR (support) and 470 INR (resistance). The MACD shows bearish momentum with a negative crossover and declining histogram. If 370 INR breaks, the next major support lies at 336 INR. The weekly chart of Tata Power indicates a consolidation phase, with the stock trading between 370 INR (support) and 470 INR (resistance). Currently, the price is testing the S1 Fibonacci level (~370 INR), a critical support zone. The following are key observations: Key Observations: MACD Indicator: A bearish crossover is evident, with the MACD line below the signal line. The histogram is negative and declining, signaling strong bearish momentum. Support and Resistance Levels: Current Support: Immediate support is visible near 370 INR (S1 level). Further Downside: If 370 INR breaks, the next critical support level lies around 336 INR (S2 Fibonacci level). Resistance: The stock faces resistance near 470 INR (R1 level). Price Action: The stock is in a downward trend after failing to sustain above its range near 470 INR. A potential breakdown below 370 INR could lead to further bearish action toward 336 INR, a strong historical support. Possible Scenarios: Bearish Continuation: A breakdown below 370 INR would confirm bearish sentiment, with the next support at 336 INR. Traders should watch for strong bearish candles to confirm this move. Reversal Potential: If the price consolidates or forms reversal patterns like a hammer or bullish engulfing near 370 INR or 336 INR, it could indicate a potential recovery toward the upper range. Conclusion: Tata Power is currently at a crucial support zone. A breakdown could lead to further downside, with the next key level at 336 INR. However, any signs of a reversal could present an opportunity for recovery. Traders and investors should monitor price action closely near these levels.
NSE:TATAPOWERShort
by TrueVithbyVishwanath