Wellcome . Hope we continue the 50K points profit from last FY. We are starting with Nifty Range bound this year in the new flow. let us keep the neutral range as 22300 to 22550 to start and nifty at 22443.
A clear downtrend starts here in Nifty. Whether it is a glitch or landslide needs to be estimated. NSE:NIFTY
After 1.5K run . Continue of " A clear downtrend starts here" . Lets be neutral and start fresh with open mind. We are currently short term bearish and long term bullish. 1.5K run continued. Previous thread was " A clear downtrend starts here" Stop loss and hedge must . As market turns unreasonable every day.
TNTELE rising above breakout . Worth taking upside move Medium risk SL must
MFSL is making quite low . Looks a bargain buy in terms of trend.
SECURKLOUD close to breakout . where price is quite higher than latest high . Good upside bet it the price above 65 medium risk. SL must.
Stock from solid support. Worth the risk. Mid to low risk SL must.
IDBI breakout near all time high. Worth taking risk due to continuous momentum high risk SL mush
OBCL breakout possible as it will likely go above all time high. high risk as pullback possible. SL must.
TataPOwer: Breakout trades. midium risk. Please dont trade without Stop loss
Heromotoco: Breakout trades. midium risk. Please dont trade without Stop loss
NIfty channel formation. We are bearish major trend minor trend neutral. High volatility soon so dont go by channel only . Do not be fooled by tech analysis and know when not to apply
This time a correction possible in META. Thought its not a very high probability trade.
Keep accumulating for a year.. stop loss mandatory and exit all accumulation below a level. This is for SIP
One lower low is visible so major trend still down. Well slide also possible . Lets see if pattern changes. all minor upward trends are still not strong enough. Trades with Stop loss in place.
Large fall. on support but further down another support exists. both sides possible. high risk. Stop loss and hedge must. Only Stop loss helps.
Well high probability trade evident on the charts for DXCM. Even high probability does not mean much sometimes due to changes in market conditions and external factors. so trade with Trailing Stop loss.
Tomorrow might start on a positive note but remember major trend STILL NEGATIVE. Trade for small upward humps upward till confirmation. Market is always out of control. So trade with caution , trade smart and with SL.