CourtroomInvestments

CourtroomInvestments Updated 

The stock broke out, made an all time high on 25th Jan, however it has failed to show any momentum on the up-side. Short with a stop of 474 for a target zone of 453-451.

CourtroomInvestments Updated 

The stock has shown strength by taking out the supply around 5710-5720. Expecting 5900. Buy on dips to 5690, with the same being the stop on 15 min basis.

CourtroomInvestments Updated 

Short for a target of 275, with a stop loss of 298.

CourtroomInvestments Updated 

Buy now and on declines to 3018 for a target of 3187.

CourtroomInvestments Updated 

Existing upTrend since 377 low appears to have shown signs of reversal, since the RSI broke 38-32 zone along with the prices breaking the averages. The stock has come back to the averages, which is a good point to initiate short, with a tight stop of 465 on 15 min time frame. Target 435.

CourtroomInvestments

The stock has reached the upper end of the Trading Range, a point where one just cannot jump into buying. Still, a potential short opportunity exists, but the trigger to go short happens only below the most recent low of 1270 . Once it starts going below 1270, one can initiate a short with a stop around 1275 (or depending on one's risk capacity) for an initial...

CourtroomInvestments

The stock is following a pattern, according to which it is expected to trend lower to atleast 240. With a tight stop of 256 on hourly basis, one can initiate a Short here for 240. The short bias would remain valid till the stock decisively clears 260.

CourtroomInvestments Updated 

The up-trend since 26th Dec (7895) has been pretty strong, which each pause in the up-move finding support at 38.2%FR. So although we have a pretty bearish Daily Candle for 13th Jan, we still need Nifty to go below 38.2% FR (8372) which are 13th Jan Day's lows as well for a high conviction short trade. So below 8370, we should see 8250 on Nifty.

CourtroomInvestments Updated 

Down-trend since 21 December high of 179 has reversed. Buy on dips to 155-154 zone for a target zone of 164-167.

CourtroomInvestments Updated 

Prices forming a base at the 61.8%, so the setup looks good to go long with a tight stop of 950 on hourly close basis. First target 985, second target 1005.

CourtroomInvestments Updated 

Stock bouncing from averages and horizontal support. Expect 180+. Trade gets negated on a 15 min close below 174.

CourtroomInvestments Updated 

Stock finding resistance at prior high volume bearish candle, likely to fall further and test the Gap area (166-165). 38.2% FR at 167. Trade would be negated on a close above 175 (1hr time frame).

CourtroomInvestments Updated 

The stock is basing out at its Support zone, with a low risk stop of Rs.1200 on 1hr time frame, it can become a good long trade. Range play possible here. We should head to 1265.

CourtroomInvestments Updated 

Daily RSI at Overbought, prices at/above the Upper End of the Range bound move. Low risk short for a target zone of 413-405. Would negate the trade on a Daily Close above today's high.

CourtroomInvestments Updated 

The target of 61.8% (1238) met as expected, now prices are getting rejected here, suggesting the demand levels of 1210-1207 likely to be re-visited again. Trade gets negated on an hourly close above 1244.

CourtroomInvestments Updated 

When 15min RSI hits its Bounce Area, prices either take support at 50%FR or 61.8%FR, currently its taking support at 50% FR. With that recent low of 507 being a stop on 15 min basis, its a long trade for an initial target of 516 (61.8%FR of fall from 522). Eventual target is 534. A break of the low of 507, would result in a test of the lower end of the Gap Area...

CourtroomInvestments Updated 

Within the broader range of 1210 and 1160, the stock is currently showing strength at the 61.8% FR (1180). The RSI has come to its bounce area. One can expect a Range breakout of 1180 is sustained on an hourly time frame. The stock should initially target the higher end of the range (1210), and eventually breakout and test 61.8% FR of the fall from 1288...

CourtroomInvestments Updated 

Prices have breached the averages support, and is turning away from it again. Test of 1365 expecting going forward. Trade gets negated on a 15 min close above 1395.