HarshShivlani

HarshShivlani

Short term dollar bottom? Stretched CFTC net long positioning has started to unwind a little as well. Plus Euro which is a big component, also has seen stretched positioning and now we are seeing resurgence of cases in most major European countries.

HarshShivlani

SunPharma has given a strong breakout from a flag pattern with high volume. However buying was to be done after confirmation, being a day late and seeing a doji on daily charts, I'll wait to see the price action for Monday and take a call, either buy on retracement or if setup looks bullish on lower time frame than buy. Upside could be 700+ however +3 SD can pose...

HarshShivlani

Inv H&S target achieved from 68.5 to 69.65 RBI intervention likely now as they may want to make the fall gradual. Pair has breached +3 SD. Short for target around 69.3

HarshShivlani

Everything in charts. Aug CE looks good as July CE will just eat your premium and you might lose money even if target is achieved. Take calls at your own risk.

HarshShivlani

Everything in charts.

HarshShivlani

It is in symmetric triangle but price action and indicators have a negative bias. Could go short on break of yesterday's low. Everything else in chart.

HarshShivlani

BEML had a perfect inverted H&S pattern with volumes confirming. Was a textbook trade, however in reality the breakout was so fast that would have been difficult to catch. Also it may have achieved half of its target with just the breakout candle. However there might be some steam left as shown in charts. Rather avoid it due to R:R unfavourable, but can use this...

HarshShivlani

This whole month what I've observed is that Nifty always fills the *opening gap ups/downs* usually the same day or the next day. Could be useful for next such move by nifty. As they say, history tends to repeat itself. Please do you own analysis before taking any trading decisions.

HarshShivlani

Everything in chart. Do your own analysis, trade with caution.

HarshShivlani

4.5 month range breakout with good volumes.

HarshShivlani

Coming out of consolidation.

HarshShivlani

Good run up, but time to correct, maybe?

HarshShivlani

Symmetrical Triangle Breakout. Ichimoku cloud breakout is buy zone. Looking for targets of 940's and 1020's.

HarshShivlani

Everything in chart. Must be kept on watch list.

HarshShivlani

According to setup and OI analysis, I think a 23800 CE SELL @ 7.35 and 22800/22900 PE SELL @ 12.6/18.5 would be good enough for 6th July Weekly Expiry.

HarshShivlani

Stock is an upward channel. Broke recent resistance and now is consolidating in a pennant formation. A break above should be into above 136, for targets towards the channel resistance unless any reversal indicated.

HarshShivlani

Stock has broken out of a 2 YEAR consolidation phase (range) with great momentum. Looks like its read for a pullback/retest of previous resistance/new support. This new support matches with the 61.8 retracement level, which is also where generally reversal happens. Lets see how it turns out to be. If the stock makes a new high: go long, and cover short if you short now.

HarshShivlani

Lets see if a reversal signal is generated. Nifty has filled the last two recent gaps, so I am expecting it to fill this one too if the pattern becomes valid. BB has tightened up, a breakdown could add to confirmation. (Median 20 MA acting as support for now at 9602-9604.