trade will be active once it cross a 124 and trade idea mentioned in charts
S & R short Raymond idea as we can see from the chart it has rejected 920 upside twice with no major news coming and with RSI trending down a trade can be initiated at 875 with a stop loss of 930 and target of 825 which is .618 fib retracement also a trending channel support. a trade can be hedge with 820pe sell at 13.90
S & R short idea Escorts as we can see on charts a it has rejected upside twice and also rsi trending downwards. entry price 722 SL 742 target 1 - 689 target 2 - 658 with a TSL of 681
The stock is downtrend from few months and it has touched its multi year support of 820 which is acting as a Strong potential reversal Zone(PRZ),a pin bar was formed due to result volatility, Hence A trade can be initiated on 2 completed green candle which confirm the reversal of the trend. Entry- 841.5 SL- 817 Target 1:-894.2 Target 2:- 921
With the Bad results which is already a past, it broke its Previous strong support which act as resistance once it breakout it willresume its bullrun to its previous levels Please note this is a weekly chart so this trade is game of patience Entry-498.75 SL-485 Target 1-544
Bearish Crab on Bank of baroda after a recent runup we can see from the chart the meltdown will be followed Entry price 174.4 SL-182 Target 1 161.4 target 2- 155.75 with TSL Being 161.4
A Bullish bat has been formed with improper ratio with more green candle a long setup can be initiated with the below mentioned prices Entry-347 SL-333 Target 1-362.75 targer 2- 374(TSL being 362)
with a infra push coming from government and contract of new airport of navi mumbai the stocks raised as we can see there is retracement happening due to sudden price rise below are the idea for long and short term Technical Idea Entry- 18.05 SL-18.75 Target 1- 17.15 Fundamental Idea Entry-19.65 Sl-19.05 Target-22
with a recent news of infra push and navi mumbai airport contract the stock had good upmove and as we can see from the charts there is a retracement from high point Technical Idea Entry-18 SL-19 Target- 17.15 long idea Entry-19.6 SL-19.05 Target-22
S & R short idea ICICI bank as we can see on charts a it has rejected upside twice and also rsi trending downwards. entry price 299 SL 310 target 1 - 291 target 2 - 277 with a TSL of 291 a option sell idea would be 320ce sell@6 with hedge of 330ce buy@4.2
a bearish ab=cd harmonic pattern has been formed a short idea can be initated at entry price of 442.85 with first target of 426.85 fib retracement of .382 and 2nd target of 409.85 fib retracement of .618 a option idea can also be taken by selling 480ce at 10.10 and 400pe at 5.30
as we can chennpetro has rejected the price above 460 twice so we can short 470ce which is at 2.25bid price.. for a safe money.. as the breakeven would be 472.25 for above short idea.
all the levels and trade details explained in the chart
levels,target explained in the chart.
all the trade aspects explained in the charts
all the trade aspects explained in the chart.
A bullish bat formed on a weekly chart, with geopolitical tension easing and stimulus package in offing, a trade can be initiated on a green weekly candle for a respective target with a trailing stop loss for the 2nd target.
A recent sell off in nifty hasnt effected the bank of baroda much compare to other indices stock.. this is due it being already bottomed out and 136-138 acting as a strong support hence we can short OCT 135PE can be sold @3.5 for a sleep money. sell and sleep idea