Just a small part form WD Gann's concepts. Nifty fall by 53% in 2000-01, on the dot-com bubble burst. After making a bottom in September 2001, nifty traded sideways until April 2003 before picking up and rallying to 6357, a new Real estate bubble. So we were up by 5507 points in nifty form dot-com to real estate bubble. It's not the bubble that I am...
Concor Long 562 Stop 543.85 Target 666 Risk/Reward 1:6 I will post detailed analysis in updates later.
2020(6) Long Centurytex Entry 490 Stop-loss 473 Target 590 Risk/Reward 1:6 I explain more about my analysis later in updates.
Buy Nifty 12020 Stop-loss 11974 Target 12300 and above. Risk/Reward 1:6 Target all the way back to new highs. Just buying the dip with 45 point stop-loss. Trading with the prevailing trend and I am ready to lose small for higher reward. Or let it hit the stop-loss and go down further for the sake of NMDC & GAIL. :)
Expecting FMCG to do well in while nifty will consolidate around 12000 to 12300 eventually going 12500+ I don't think we are going to visit yesterday's dip very soon. Though nothing is sure, we can't predict the market. That's why the term stop-loss is a wonderful thing. Buy Dabur : 455 Stop-loss 449 Target 487 (New Life High ) Risk/Reward 1:5.50
Waiting for nifty to trade in the range 11960-11980, and then bounce back to 12008, which is 0.618% retracement level of recent swing. That's where I'm going long, keeping stop-loss as the low it makes. But, if nifty slides like a falling knife, then I'm not catching it. Whenever the market falls because of geopolitical tensions, the fall often doesn't last...
NMDC trading at 129 which is a Fibonacci retracement 0.618% of previous major swing from 162.70 to 74.80. It's also trading at the upper range of an upward channel which could possibly act as a resistance along with 0.618% retracement. Short at 128.95 Stop 131.65 Target 115 RISK/REWARD 5:1 Fibbonacci retracement 0.618% Upper trendline as resistance
ICICIPRULI RIKS/REWARD 9:1 #2020(1) BUY AT 485 TARGET 537 ( Life high and above ) Stop 479 I'm Risk Reward maniac and ready to take small loses, compromising accuracy over rewards. Price Breakout of NR7 Range. This could become swing low.
AdaniPorts Short Entry 367 Stop-loss 374 Target 292 Risk/Reward above 10:1 AdaniPorts is clearly underperforming with the market. While others wait for it to perform we are expecting further bearish move. Always plan your trade and trade your plan.
2 years ago in Feb 2016 , Nifty and Nifty Metal did bottom out together after that a year later, in Jan 2018 Nifty and Nifty Metal both made a top as well. Since then Nifty Metal is underperforming compared to nifty, while nifty climbing back to new highs, Nifty metal is just started advancing month ago. Current rally in metal index is showing strength but need...
MRF TYRE Buy on Pull back at 57150 With SL Below 56900 For Target 61000 Or Buy the 1st 30 Min Range Breakout On April Fool's Day. Keeping SL as 30 Min Low or as per your Risk Management. Falling Wedge in Formation ? And if formed and Breakout, It's time to touch 200 SMA. The 200 simple moving average ( SMA ) is considered a key indicator by traders and...
Long Hindunilvr above 1713 Stop-loss Below 1692.50 Target 1795 ( Target Set as 1: 4 RR ) Other confluence. 1) Price Stopped at 50% Re. of Previous Swing. 2) ABC Correction - zig zag - Price Stopped at 1.272 Extension of Wave C 3) Inverted Head & Shoulder in Lower Time Frame of 60Min.
Indusindbk Short below 1471 Stop-loss 1490 Target 1406 Risk 1.29% And Reward 4.42% RR Ratio 1: 3.42 Bearish Continuation Pattern Descending Triangles In this “flat-bottom” triangle, the bottom trendline is horizontal and the top trendline slopes downward. The pattern illustrates lows occurring at a constant price level, with highs moving constantly lower.
TATAELXSI SHORT AT 912 with a Stop-loss of 967 for The Target at 744 Risk 6% & Reward 18.43% Risk Reward Ratio 1: 3.05 Bearish Continuation Pattern Descending Triangles In this “flat-bottom” triangle, the bottom trendline is horizontal and the top trendline slopes downward. The pattern illustrates lows occurring at a constant price level, with highs moving...
Sell Pidilitind below 1101.85 Stop 1127.50 Target 1025 Risk 2.33% & Reward 7% Riks Reward Ratio 1: 3 Bear flags are favored among technical traders because they almost always lead to large and predictable price moves. Like all continuation patterns, bear flags represent little more than a brief lull in a larger move lower. Indeed, in many cases, the flag...
PNB is testing Upper Trendline in a downward channel. Upper downsloping Trendline may act as resistance. Short at 77.20 ( cmp ) Stop-Loss 81 Target 63.35 Risk 4.92% & Reward 17.94% Risk Reward Ratio 1 : 3.65
Relcapital Sell Below 221.60 Stop-loss 234 Target 168.40 Risk 5.57% & Reward 24% RR Ratio 1: 4.30 Another Probability is, it can be turned out into triple bottoms as well but looking at the prolonged decline I personally prefer to sell descending triangle breakout rather buying triple bottoms. Continuation Pattern Descending Triangles In this “flat-bottom”...
MGL sell Below 834.60 Stoploss - 855 Target - 756 Risk - 2.42% & Reward 9.42% RR Ratio 1 : 3.90 Reversal or Continuation Pattern Rising Wedge Prices are moving upward, forming higher highs and higher lows, but the price is confined within two lines which get closer together to create a pattern. This indicates a slowing of momentum and it usually precedes a...