Amit_Ghosh

Shorting Leyland is a suicide but worth a shot considering it already shot to the moon and has to land (read retrace) before it shoot (or fall) further! Sell Futures at 128.5

There are two trades. One which initiated at the PRZ and closed on 0.382 level. Second is initiated on today; with today's high as stop-loss with .618 level as the target. Axis is about to post profit today which is estimated to be amazing. Currently closed the first trade with profit. Riding the second trade but bought a hedge of Axisbank 520 November CE at ...

Betting on the retracement. 122 is the support. Low Risk : High Reward Bet

BankNIFTY is likely to be in this channel if broken confidently (that is breaking that above the green line; then 25000. The current safest trade should be 25100 CE towards this week's expiry assuming there is a gap up tomorrow in the market. BankNIFTY fell inside the channel. My bet towards this expiry is between the first channel and the second channel which ...

It's continuation of the previous trade. Let's chase Suntv till we make the profit. Bought Suntv Oct fut at 736

KSCL has just seen volume invitation and it retreated when it is down to its support. Today's price action clearly supports of revival. Buy when it touches the entry line with a stop loss.

SunTV will fall after this decent run of intraday; Try to grab SunTV at 760 with the stop loss at 749.

Huge gap up happened thanks to Porinju which is quite screwed and now it is back at the decent level from where it can be bought again with a decent stop loss.

Escorts have bounced from its support zone. Hence the bet of the high reward and low-risk setup. But wait for the Europe opening for a clear direction. October future price in which I have bought is 620

Buy Yesbank with a stop loss from the current support. But this is risky considering the current Global turmoil as in it can be catching the falling Knife.

Continuing from the last affair where after our take profit; we speculated it to go more up but it fell. JP Associate showed pin bar formation at daily support zone. Also, there is a PRZ towards upside thanks to a harmonic butter fly. Buy with a stop loss at the pin bar's low.

Godrej IND is a strong fundamental company and currently is in the uptrend. Aggreesive People can buy from the current levels with the stop loss and take profit shown in the chart. Conservative People can sell 600 PE which is at 2.4 for netting a profit of 3600 INR in 11 days

Transpek has bounced from its current support and we can see two green candles indicating bullishness. Buy it with a stop loss at the support. In case it breaks out the triangle decisively, you can shift your target to 61.85% level rather than 38.2%.

Fundamental - ITC is long underdog post the tax implications. But it will increase the product's price and margin will be same. It won't impact the net profits as people are bound to die eating cigarettes. Technical - It is currently at major support line and made two green candles. We can take an aggressive entry here as there is a consolidation on 23.6% ...

JP Associates rose suddenly when RJ bought shares but it fell with the Korea Nuke. Currently, it is forming a bullish butterfly. Our first target is already hit and it is in consolidation post that; we are expecting and upside breakout towards the second target.

AC is not in the range of .382 and .886 and hence it is an imperfect Bat Setup. This is an aggressive setup hence! First target is shown in the tradebox; Next target is projected on the fibonacci setup.

Checks 1. XB is less than .618 2. BD is more than 1.618 3. XD is perfect .887 4. AC is between .382 and .886 First stop loss at X Updated trading stop loss at entry First take profit at .618 and second at .382 of AB's retracement.

Our XB leg is more than .618 but it is not a huge deviation and hence it is not a perfect bat setup whilst the rest of the setup is very much conforming with the chart. Our first target and the second target is also mentioned here as per the setup of Scott Carney.