Equity_OptionTrader

Equity_OptionTrader Updated 

A "W" in making. Would be validated if stock closes above 145. Full support from Volume and RSI. Trade Setup for Monday. Entry: Above 145 Pattern Target: 152 SL: 142 DCB What can be traded?: 1. Can go in Cash or April FUT or 145 CE 2. Or Short 140 PE Please consult your financial adviser before investing. If you find worth it, do Like, Share and Comment! :-)

Equity_OptionTrader Updated 

1. Cup & Handle Break Out on Weekly Time Frame 2. Supported by Volume & RSI 3. Weekly Closing at All Time High. 4. Weekly Closing below 285 will negate the view. 5. 450/525 are highly likely targets in coming weeks. 6. Consult your financial adviser before entering any investment recommendation because it involves monitory risk. 7. Do Like & Share. Thank You!

Equity_OptionTrader Updated 

1. Falling Channel Break Out with Huge Volume. 2. Major action ONLY when stock manages to close above 90. 3. Further Targets: 96/101/113+ 4. SL below 82 DCB (Safe SL) or 79 (Risky SL) 5. Trade advised ONLY in cash. Consult your financial adviser before investing. 6. Do Like, Share and Comment!

Equity_OptionTrader Updated 

1. #DELTACORP needs to close above 325 this month to confirm channel break out. 2. 336 is the immediate hurdle, closing above which will open the doors for 348/375/390 for short term and for 500+ mid term. 3. Volumes are supporting this move. 4. Closing below 300 will take the case to next month. 5. Consult your financial adviser before investing. If you found...

Equity_OptionTrader Updated 

1. Dark Cloud Cover on Daily Time Frame. Basically a reversal indicator. 2. Bank Nifty is facing tough resistance in rising trend line with all important support at 34700. 3. Too much resistance to become bullish indicating it's currently in "Sell on Rise" mode. 4. Below 34700 DCB, gates for 32000 will open. 5. For upside, resistances are placed at...

Equity_OptionTrader Updated 

This is how I am viewing things right now. We most probably have made a short term bottom. However, I'd eagerly wait for a weekly closing above 17500. Otherwise, we're in for an H&S for a newer Lower Low, most probably at Sub 15K Levels. So need to panic. Enjoy the short term run. Fir dekhte he. Remember, market is supreme! #NIFTY50 Welcoming your view in Comment...

Equity_OptionTrader Updated 

1. NIFTY is making Lower Highs on Daily Time Frame. 2. Falling Trend Line is acting as tough resistance. Until NIFTY closes above this decisively, we'd remain bearish or sideways. 3. Similarly, 16500/16200 would act as strong support followed by 15900. Need to break these decisively for downtrend. 4. Nearest resistances at 200 EMA & SMA and Support at 16500. 5....

Equity_OptionTrader Updated 

#NIFTY is going no where because of Russia-Ukraine news. Too much Intraday fluctuations. Still we have to consider technicals. 1. Made a long legged doji. Tomorrow if NIFTY is able to sustain and close above 17310, we may get signals of uptrend (Trend Line Break Out.) Better if close above 17350. It would open gates for 17600/17850+ 2. Support at 17075, today's...

Equity_OptionTrader Updated 

1. Head & Shoulder in Formation. (Bearish Pattern) 2. Confirmation below 43 DCB. 3. Patterns fails above 45 DCB 4. Pattern completion Target 39. Break down Target 36. 5. Slow moving small stock so Option Trading (on Buying side) is not advised. 6. Consult your financial adviser before entering any trades because it involves monetary risk. 7. Views shared here...

Equity_OptionTrader

1. Stock getting ready for a mega move. 2. Inv. Head & Shoulders on Monthly Time Frame. 3. Needs a monthly closing above 1125 break out. 4. Below 850 Monthly closing basis, views are negated. 5. Target can be as high as 1400/1900/2400+ in coming months. 6. With summers around, company will be benefited by boosted sales numbers. 7. Consult your financial adviser...

Equity_OptionTrader Updated 

Few Points to notice! 1. It's an INVERTED CHART. So read chart accordingly. 2. NIFTY gave VCP Break Out (On inverted chart) with the help of huge Gap Down. 3. Found ultimate support at 16800 (App. 200MA), which will be relevant for Tomorrow/Coming days. 4. If NIFTY breaks 16800 and closes below it, 16400 would be next major support to look at. 5. For positive...

Equity_OptionTrader Updated 

1. BANKNIFTY is all set for a huge movement. 2. Move will be supported by RSI Divergence + VCP. 3. Need a decisive closing above 39200. 4. View negated below 38500 DCB. 5. Ultimate Target: New All Time High. 6. Views are mere speculations. Don't create positions according to these. Consult your financial adviser before investing. 7. If you find worth it, Do LIKE,...

Equity_OptionTrader Updated 

Few Points to notice! 1. NIFTY is making Higher Low - Lower High Pattern, indicating the decrease in volatility, also a probable Break Out or Break Down soon! 2. Red line - Short term Trend line support, Blue line - Mid Term Trend line support. 3. Negative Divergence 4. As long as closing above 17075 DCB, longs can remain intact. Below this, sellers can have...

Equity_OptionTrader

Just for education purpose. Will keep on sharing more patterns. Like & Share Please! :-)

Equity_OptionTrader Updated 

Continuation of last chart... 1. In last chart, we discussed about a "V" Shaped recovery. From 17277.95, we touched 17794.60, that's more than 515 points journey. 2. As there was a Steep fall followed by a good rise, this calls for a Bearish Flag. 3. Pattern invalidates when NIFTY breaks the channel on upside. Break down not yet happened however, RSI is...

Equity_OptionTrader Updated 

1. Sustaining and Closing above 227 is highly positive. 2. RSI trying to Break Out. 3. 208-209 is strong support and should be SL for mid term. 4. Previous swing highs should be Targets: 238/245/265+ 5. ITC is a slow mover. Better Trade in CASH or FUT than Options. 6. Consult your financial adviser before entering any Trades. Views shared here for education...

Equity_OptionTrader Updated 

No point guessing where the market may move when we are going to have some highly volatile days ahead. (Fed, Budget, Results etc.) 1. As of now, NIFTY has Stronger Supports than Resistances. 2. 17000 is Technical + Psychological level and would be hard to break. If broken, we've important Supports at 16800/16725/16675 of which 16675 would be most important (App....

Equity_OptionTrader Updated 

1. 38100-38450 is supply zone. Any close above 38500 would give more power to Bulls. (Trend Line Break Out) 2. Above 38500, 38850/39100/39800 would be highly likely targets. 2. 37550 is a short term support. Any closing below this level may see some selling pressure with supports at 37150/37000/36900 3. Major supports at 36500 & 36100 (App. 200MA) 4. Plan for...