Equity_OptionTrader

Equity_OptionTrader Updated 

Posting after long time... Head & Shoulder in making. As long as below 170 (Our SL on Closing Basis), one can plan a Short Trade below 161 for respective targets of 156/152/145/132 in coming days. Trade is supported by declining Relative Strength and low volumes indicating a good trending move in stock soon, hopefully on downside. If trades & closes above 170,...

Equity_OptionTrader Updated 

Posting after a long time... #NIFTYBANK after breaking out from C&H around 41800 levels saw a steep rise & made high of 44120, an ATH. This zone of 44000-44120 haunted #NIFTYBANK for couple of days and today it witnessed some profit booking. What lies ahead? 1. Case is still in Bull's favour if you're a positional bull. 43000-43500 is decent support zone. BN if...

Equity_OptionTrader

1. After a decline from 5600 odd levels to 3700 odd levels, stock is in short term uptrend. 2. As we can see, a Bearish Flag is in making. Currently it's consolidating and a decisive Break Down (most probably) may happen anytime soon. 3. Rejection is also evident from the RSI, suggesting a strong decline in coming weeks. 4. For short term, stock is entering...

Equity_OptionTrader

#DEEPAKFERT can be a very good investment pick for Deepavali - 2022 for following reasons: 1. Stock has given a Cup & Handle Break Out around 510-515 levels, and after that made a high of 997. Currently stock is making Higher Highs - Higher Lows. 2. Stock is currently trading near ATH & expected to break HH-HL structure and give us a fresh ATH Break Out after...

Equity_OptionTrader

#INDIAVIX Volatility more or less remains the same apart from some unnatural events, and currently its in decline on higher time frame. 2023-24 we can expect volatility to rise again. This has nothing to do with Investment or next weekly expiry, just for reference!

Equity_OptionTrader

Weekend Study No. 3 #FEDERALBNK Stock is in uptrend and gave major break out around 110 levels which would now act as a great support. 110-130 is the range. May consolidate on this range for a few days before giving a major break out for Target of 200 & much more. Keep in watchlist!

Equity_OptionTrader

Weekend Study No. 2 #NATIONALUM Stock has already given bearish flag break down on weekly time frame. 61-66 is great demand zone and stock technically should reach there in coming days. For any positive bias, stock needs to stay above 80 on WCB. Below 60, I'd be worried about investors!

Equity_OptionTrader

Weekend Study No. 1 #TITAN Stock is all set to give C&H Break Out on Weekly Time Frame. 2770-2775 would act as resistance zone, closing above which may open gates for Future Targets of 2900/3100/3300+ in coming weeks.

Equity_OptionTrader

#ADANIPORTS After a long consolidation it had broken out of channel, & now back into it. I expect 840-845 support to hold. It may see fresh buying from these levels. However, if it doesn't, it may witness some heavy selling in coming days.

Equity_OptionTrader

#NIFTYBANK After a Double Top at ATH levels, selling have been rampant. Broken down around 40100 levels with 38000 as strong Psychological + Technical support. Needs to start trading above 39400 for again have fresh hopes for a new ATH. Range: 38000-39400.

Equity_OptionTrader

#NIFTY50 What a day for Bears. Index has given Break Down already at 17550 levels & today took support at 200EMA. It may hold it for a while and see a bounce upto 17400 levels to again witness fresh selling. Nearest major support 16800. Range: 16800 to 17400.

Equity_OptionTrader

#SBIN 508 to 549 is the range. Needs a Weekly Closing Below or above these levels respectively. I am with Bulls in this case. Let's make SBIN great again! :-)

Equity_OptionTrader

#ITC Whole world is now Bullish here... It'll kill many hopes if it closes below 310 in September series. Needs a Monthly closing above 325. Whichever side it breaks, movement would be big!

Equity_OptionTrader

#NIFTY50 Seems getting ready for a Aar ya Paar move soon. I am in for a new ATH once it starts trading & closes above 17800. Baaki jo Ram ji ko manjoor! :-)

Equity_OptionTrader

#NIFTYBANK 39800 is the key. Any closing above 39800, we should be able to get a new ATH. 37900-37950 is Life Line Support Zone. Again, Bullish here but ready for anything offered by Market! :-)

Equity_OptionTrader

Stock looks super hot for coming days as long as holding 104-105 zone on Weekly Closing Basis. 125 is the area to watch out for. Once that's taken away, it can be a 2X in no time. Would love a dip here! :-)

Equity_OptionTrader

Stock faced rejection around 200MA & closed below 2050 Support. 2007-2000 is small support below which expecting a fall upto 1935-1940 support zone for a possible bounce again.

Equity_OptionTrader

Stock is at ATH. Weekly Time Frame BO done. As long as 47000 WCB support is intact, expect the stock to achieve new heights every month. 60000 en-route!