Long sbin stock in ( cash market ) for 3 to 6 month prospective.
Buy @ 200
Stop loss @ 189
Target @ 245
For hedging :- Short 220 CE @ 8 ₹ September Series expiry
Your downside risk is only ₹ 3
Technical :- There is a tremendous breakout in the stock with volume supported.
There is inverted head and shoulder pattern formed, this is a accumulation zone
So when sbi breach 200 level you can buy aggressively for the target of 240.
For more information about the sbi you can watch my previous sbi post.
Short Nifty @ 10300 - 10500
Stop loss @ 10600
Target @ 9500 then 8800
This is a positional call
Technical :-- On the Daily chart Index formed falling wedge pattern with bearish divergence and yesterday
market movement is conformed the market reversal. So if you are agree with my Idea you can go
short side, but be careful...
There is monthly support zone, On the weekly chart stock formed positive divergence and good time to accumulate this stock for long term prospective. So if you are interested you can Buy this Stock.
Buy zone @ 150 - 170
Target @ 230 , 340 and 550
For next 5 years prospective investment.
Buy WTI Crude oil @ 20$ - 25$
Stop loss on the monthly closing basis @ 15.40
Target for next 5 years @ 110.40
Technical :- There is a long term positive divergence formation on the weekly and monthly chart "or" Falling wedge pattern formation. I think that has become the bottom of crude oil, So I'm bullish on WTI Crude oil.
Note :- How did you like my analysis?...
Short SUN pharma @ 365
Stop loss @ 385
Down side target @ 260
risk reward ratio is 5:1
Technical :- Why I'm taking this trade, Because there is a rectangle chart pattern formation and breakdown this pattern with high volume. So I'm very confident for taking this trade.
Disclosure :- I'm already taken this trade around 403.40 in short side.