NIFTY has been in trading sideways for many weeks now (since dec ) many small patterns on hourly and day chart formed in between which gave hope that correction will end ----however the consolidation continued frustrating many----NIFTY is now ready for an impulse -----the breakout or breakdown levels are marked by blue lines in the analysis ----aggressive...
Nifty 50 spot currently near 10860
index is in a strong resistance zone-combined with other studies it seems a sideways to bearish market in coming days
downside support at 10670--10550
A break below the mentioned levels will be highly bearish and can (no guarantee ) 9200 spot in coming months (with small bounce in between)
this is a chart study based on...
NIFTY CMP IS 10150 INDEX HAS BEEN IN A SELL ON RISE MODE TILL NOW
There are EARLY signs of short term bottom formation near 10100-10060 levels
LONG INITIATION ZONE-10080--10110 STOPLOSS 10138 SPOT 10MIN CANDLE FOR STOPLOSS
longs can be initiated ON DIPS TARGET FOR THE LONG TRADE WILL BE 10300 -340,10400
PLZ READ CAREFULLY
1 THIS WILL BE A POSITIONAL...
Nifty cmp 11008 -nifty short at 11008 with stoploss above 11048
looking for targets of 10900 on lower side
please take notice of folloqwing
1 Nifty is having both bearish and bullish possibilities -the trade is based on bearish view
2 counter trend trade - most such trades fail however the rewards are good if trade turns our way
3 thus high risk high reward...
ITC cmp 274.10 spot
Initiating long positions in ITC with stoploss below 268 spot
target will depend on developing price action
a variable buying strategy will be used to create positions thus cost price will change
trade instrument will be july future
positional trade deep stoploss thus risk is very high
2 trade will involve adding...
Nifty cmp 10854 spot near CLOSING ,macd has given a positive crossover on day charts
the key level on downside to watch is 10800
as long as 10800 holds on weekly closing basis nifty will be positive and ready to challenge recent highs
there are no decent resistances on upside as long as nifty holds 10800
THOSE WHO WISH TO TRADE POSITIONAL/INVESTMENT CAN...
Voltas cmp 522.75 spot initiating positional shorts in voltas with stoploss above 527
targeting 512 spot
positional trade carries huge overnight risks
2 trade setup assumes that nifty index will remain weak --any strength in market can lead to buying in stock
3 trade instrument july future
4 Trend trade --anyone can take this trade provided you can monitor...
Nifty cmp 10694 spot
Nifty short with stoploss above 10736
first target line marked on chart approx 10658
lower targets also possible
might hold the trade overnight
not the best risk reward ration for first target
all levels are spot
anyone can take this trade provided you understand the risk of derivative trading
Initiating positional shorts in DLF cmp spot 183.85
stoploss above 187.2
target will depends on developing price action
likely target is 178-----175.2
All prices spot
1 trend trade however entry is a bit early
2 risk increases slightly because of early entry
3trade includes some element of volatility,expecting an increase in volatility and price to move...
Reliance cmp 998.50 spot
initiating positional shorts in reliance with stoploss above 1015
targets will depend on developing price action a likely target is 974
please read carefully
The stock has been in a uptrend -this means we are taking a countertrend trade -risk is highthan acceptable
2 positional trades carry huge overnight risks that can go beyond the...
Nifty cmp 10732 -initiating shorts in nifty stoploss above 10765
targets will depend on developing price action
Plz do not overtrade
2 risk reward is not defined so you have to monitor trade in realtime
3 trend trade hence can be traded by anyone provided u trade small quantity
4 intraday trade -do not look for exceptional gains rather small gains
Nifty cmp 10871 Initiating intraday shorts in nifty with stoploss above 10896
targets 10845 and lower
ESSENTIALLY A COUNTER TREND TRADE WITH HIGH RISK
keeping trade size small due to the complex corrective
trade conditions are not ideal---thus smalll traders should avoid trading
unless u can monitor in real time DONOT take this trade
DERIVATIVE TRADING IS A...
Nifty cmp is 10838 (At 1.50 pm) looking to buy nifty on dips in range of 10810-10818
target for the trade will be recent swing high of 10925 (spot) approx
stoploss will be decided later .
please read carefully
1buy on dips strategy
2 no stoploss given thus risk is not defined ----Makes it unsuitable for small traders(with 1-2 lakh capital)
3 Please do careful...
NIFTY CMP 10780 SPOT, INITIATING SHORTS IN NIFTY WITH STOPLOSS 10857
1 counter trend trade =very high risk
2 positional trade
3 All prices spot
4 Small traders should NOT take such trades
5 It may not be possible to post Updates in real time
BPCL cmp 409.8 initiating positional short trade in bpcl with target of 395 and lower,stoploss 318
all prices spot
Please do careful risk calculation before taking trade
All positional trade carry huge overnight risks due to news flow.
Not for small traders
Derivative trading is a high risk activity ,there is no guarantee of trade being profitable
Reliance cmp 916 Initiating positional shorts in reliance with stoploss above 934
Trgt 880 approx
all prices spot
trade instrument june futures
trade quantity will be less than usual because of lack of direction in index
positional trade carries huge overnight risk -
NOT for small traders with capital 1-2 lakhs .
Might not update trade in real time so...