ChartCraft

ChartCraft

CNXFINANCE had a gap down on friday and it again entered the 19400-19600 range that it broke out of earlier. Considering the price movements, I'm expecting CNXFINANCE (FINNIFTY) to expire above 19450 level for tomorrow's weekly expiry. My ideas and posts will usually be for option traders, more importantly option writers.

ChartCraft Updated 

Nifty looks like it has done its needed pullback and it's time to continue the down rally. today is friday, 27th march, i'm referring here to the coming monday ie:30th march 2020.

ChartCraft

Last trade stopped, Short if 30 mclose doesnt happen above the line. very clear. Please use proper risk management

ChartCraft Updated 

CHART SAYS IT ALL HUGE DIVERGENCE. PLEASE TRADE AT YOUR OWN RISK

ChartCraft

I think KOTAKBANK has topped in a medium term. There are many things aligning up and all say that KOTAKBANK's top is in. The RSI has divergence, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well. The chart is very clear and speaks for itself. CMP: 1692.7 Stop loss: 1746 DATE: DECEMBER 22, 2019 Your...

ChartCraft

I think HDFCBANK has topped in a medium term. There are many things aligning up and all say that HDFCBANK's top is in. The RSI has divergence, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well. The chart is very clear and speaks for itself. CMP: 1296.7 Stop loss: 1318 DATE: DECEMBER 22, 2019 Your trades...

ChartCraft Updated 

WIPRO has been in a downtrend for quite some time now (5 months plus) and there is monthly support on the charts. The price has retraced to 0.618 Fib which is acting as support as of now. This can be a potential reversal zone for WIPRO. Current Market Price (CMP)- 237.05. Confirmation only when WIPRO trades @ 242.2 Stop Loss (SL)- 231 Will Post a view again...

ChartCraft Updated 

Today is Saturday, 16th November 2019 I think ICICI bank has topped in a medium term. There are many things aligning up and all say that ICICIBANK's top is in. The RSI has resistance, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well. The chart is very clear and speaks for itself. CMP: 499.85 Stop...

ChartCraft

EURINR is looking weak as previous 2 weeks high is acting resistence. StochRSI also showing early signs of reversal. The chart is pretty much clear and very straight forward. Date: Sunday, 13th Oct 2019 Short below 78.214 SL: 78.590 Open Target Your trades are your own sound decision. I'm not responsible for them. Trade safe.

ChartCraft

USDINR is moving in a wedge. Longs can be added on closing basis after break of upper line. SHORTS can be added on closing basis after break of lower line. Not advisable to take positions on inside the wedge. Will update more on any significant moves. Date: 10/09/2019 This is the 3H chart. Your positions are your own sound decisions. I am not responsible...

ChartCraft Updated 

Nifty is showing support @ previous Highs as mentioned in the charts. This looks to be a potential reversal zone. RSI rising >50 is a good sign. StochRSI is looking to be making a crossover. This is the earliest signs of reversal, (ultimate confirmation is yet to happen) from the bottom so please keep your positions light. Will update when position sizes can be...

ChartCraft

CIPLA has been trading in a range for almost 5 years now ( Look at the chart) But, now I think we might see a new trend- Potentially a bear one. The problem with most traders is they think "indicators are everything" which is simply not true . A fancy cluttered chart with 10 indicators doesn't mean accuracy at all. I think you can trade with just basic tools,...