After completion of Ideal & Extended Harmonic AB = CD, Stock retraced near FIB R 0.50 level. All Investment related (i.e. short term) levels, Entry / Exit mentioned in Chart. Intraday Setup: Buy Above: @ 971.42 TARGET: @ 974.4, @ 976.9, @ 979.3 - @ 982.9 (HZ), @ 992+ Sell Below: @961.5, TARGET: @ 958.5, @ 956, @ 953.6 - @ 950.1(BZ), @ 940.7 Intraday levels...
SBIN: 8.6% Weight Second highest, Next to ITC, in NEWLY Launched Bharat-22 ETF . Witnessing Range Bound Trading. One Can Short above @ 309.6 to @ 311.50 For Target of @ 300- Weak Below @ 299 More levels plotted on Chart. SL: @ 317.60+ (By Closing) or +1% for TSL(Trailing Stop Loss). Strategy for OPTION Trading: LONG 305PE @ 8.65 (LTP) + SHORT 300PE @ 6.55...
In Hourly Chart: 4th Last Candle is Bull CANDLE. 3rd Last Candle is Long Legged Upper DOJI. 2nd Last Candle is Long Body Bear Candle. Thus Pattern forms "EVENING DOJI STAR" But in Last candle is " Long Legged Lower DOJI " & Previous Formed Pattern NULL & VOID. Conclusion: If Tomorrow 1st hourly candle is to be a Bull Candle, Having Body Less than 2nd Last...
INVESTMENT Arena : PTC Various PATTERN in Single Chart. #1. Bearish BUTTERFLY , #2. Pattern "W" , #3. AB = CD , #4. CUP-HANDLE . INDICATORS & OSCILLATORS Signals UP-TREND. Daily View With BUY ENTRY Levels & ST, MT & LT Targets will published LATER . Check Time-Line Regularly or as you wish. If this post enriched your knowledge & ...
AXISBANK: Weight: 7.7%, 4th highest in NEWLY Launched Bharat-22 ETF . Taking Support from Crucial Level (in between FIB R 0.618 & 0.786) One Can LONG @ 504.6 to @ 511 For Swing / Positional Target of @ 547+ Weak Below @ 491 (Two Consecutive Closing) More TARGET Levels plotted on Chart. SL: @ 491.65+ (By Closing) or 484- for Trailing Stop. Strategy for...
All Inraday spot levels are plotted on Chart, & Fut levels in High lighten Box. Trend: +VE to Flat, BIAS: Mixed Selling pressure at 24950 - 24973 level (in Spot). BANKNIFTY FUT. Levels At a Glance for Trade Date 07th Aug 2017. Go LONG / Short as per Level given Below. PHASE - I: NORMAL RES: 25002 (M), 25029 (S), 25073 - 250105 (HZ #1), 25188 SUP: 24914 (M),...
NIFTY FUTURE: "Perfect Bullish Engulfing" Though in Case of NIFTY Spot it is 15 point in Upper side (i.e Close is 16 point Lower than Open of 03/08/2017) Little Bit Confusion. One of the reason, Announcement of Stake Sell from GOI (through "ETF" root) Boosts sentiment. What's NEXT for 07th Aug 2017 ? Trend: UP with some sluggishness in Up-level. Strong...
All mentioned on Chart. Go Long: In Between @ 544 to @ 553 Target / SL/ Best BUY (more BUY) on Chart. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. LIKE / Comment /Share , If useful & enriched your knowledge. With warm regards. DSKF16.
Two common events occurs in Stock market. Gambler's Fallacy & Revenge Trading. Known to us as "Psychological Trading Mistake". All detailed on chart. Try to express in one slide, though not possible a chapter in a slide. Some demerits may be there. Sorry in advance for that.
Psychological Analysis: "GOI today announced the creation of Bharat-22 ETF, a move that will speed up Center's disinvestment drive. Several time disinvestment of ONGC delayed due to less floor price. So approach disinvestment through ETF is better route to get proper value. ONGC: One of the Maharatna Company, recently Acquire entire holding of HINDPETRO (HPCL)...
Psychological Analysis: "GOI today announced the creation of Bharat-22 ETF, a move that will speed up Centre's disinvestment drive and bring it closer to the ambitious target of Rs 72,500 cr for 2017-18." Why Choose ITC as 1st company to analyze? ITC: ONLY Company Having Double Digit (15.2%)Weight in NEWLY Launched Bharat-22 ETF. PRICE ACTION LEADER LONG: @...
Intraday levels: RES / TARGET: @ 241.75, @ 243.10, @ 243.9, @ 245.2- @ 246.25 (HZ #1), 248.8+ SUP (More Accumulation): @ 238.9, @ 238.2 - @ 237.25 (BZ #1), @ 234.7- LTP: @ 239.65 Short term TGT/ SL / TSL: Watch Chart.
Trade Summery of 03rd AUG 2017. OPEN = HIGH = 10081.15, ( Mentioned Strong level at 10080 ) Made LOW @ 9998.25, Mentioned PCL: @ 9990. Also Notice day candle. mentioned "#1 Either another Bear candle with 40 - 50 + point body" also mentioned "ONE THING IMPORTANT, NIFTY NORMAL CLOSING WAS at 10058.2 not 10081.50 (i.e Settlement) Indicates Bear controlled market...
All plotted on Chart. LONG: Inbetween @ 1404 to @ 1409. more Accumulation @ 1387- @ 1394 Intraday / Swing Target: @ 1422, @ 1425.4, @ 1430.9 - @ 1434.8 (TFZ / HZ #1), @ 1445+
CESC : Lightening Ahead - Result Series . Reason for LONG: #1. TENKAN SEN (@ 884.95) & KIJUN SEN (@ 881.15) Bullish Cross OVER #2. HIGH & CLOSE Above KUMO Cloud #3. Crossed GANN Arch 3 X 1 #4. Crossed GANN Line 4 X 1 with Volume. #5. Closed Above FIB Retracement 50% (Recent H-L ). SUPPORTIVE BREAKOUT ALSO FROM TECHNICAL INDICATORS &...
All Inraday spot levels are plotted on Chart, & Fut levels in High lighten Box. BANKNIFTY FUT. Levels At a Glance for Trade Date 04th Aug 2017 Go LONG / Short as per Level given Below. PHASE - I: NORMAL RES: 24827 (M), 24855 (S), 24900 - 24932 (HZ #1), 25018 SUP: 24737 (M), 24709 (S), 24665 - 24632 (BZ #1), 24546 PHASE - II: OPTIMAL RES: 25064 (M), 25092...
Trade Summery of 02nd AUG 2017. OPEN = HIGH = 10136.3, (Below mentioned Strong level at 10141) Made LOW @ 10054.20, Mentioned PCL: @ 10052. Also Notice day candle. Show in Diagram #1 "Bear candle with Long Body". #2. LOW Middle of the BODY, (Candle formed on 31st July) What's NEXT for 03rd Aug 2017 ? after today's trade, Candle pattern formed "Bearish...