InsiderB

InsiderB

Same as Ambuja cements yesterday, Tamo was on bearish side that's the only difference here, resistance at 61.8%, on bearish confirmation depending on your risk , You can take shorts in Tamo. This week, I don't even know what to write in description :P

InsiderB

Good Morning ! There are 3 possible scenario's in Nifty, but if we have to go by logic retest of 9580's sounds valid but we are unsure whether Nifty will give us what's expected. The potential chance of Double Bottom around 9480's will be spoiler if market opens gap down & breaks the level, then based on aggressive entry's aim for 9400's-9380's zone as targets....

InsiderB Updated 

I think we need 3-day weekends, Damn ! it feels so good n fresh & energetic after 3 Days :) In Nifty we are looking for extended scalping's only - A Gap up open with retest of 9630's zone and move down till 9570's. See this is route map of prediction how Nifty can move for the day & if the expected thing happens based on trade setup we need to take trade, we...

InsiderB

I hope everything explained in chart itself, if anything specific or more info drop a line or you can ask :)

InsiderB Updated 

We have a dual setup here in Amaraja, you can either go on higher timeframe to find Double bottom entry, or the channel breakout entry on pullback and aim for trade continuation of Double bottom targets. You can do it either way but what matters is whether your plan allows you to take that kind of risk. If those swings happen as predicted we will be having a...

InsiderB Updated 

We can clearly ascertain from the chart, Ambuja cement is resting on 61.8 line, trying to breakthrough, seems it's weak effort. Am expecting fresh bullish momentum to upside reaching around 250's zone with stops around 238's. If you go more keen on 15mins you can see channel's in Ambuja, As I usually say try as per your plan, just giving out one of the ways here...

InsiderB

It's a Good Long weekend, Days like these are the most welcome ones & I also have sometime to pick n choose Mid-cap stocks which are far away from the line we play by. Cutting straight to the subject IFB Industries looks quite promising based on post above, A Good 2-Year Old resistance zone is broken very convincingly with great volume surge compared to previous...

InsiderB

Hey Guys, Happy Weekend & this weekend is pretty long one too. Enjoy the weekend to core & try more charting which makes you better at trading. So What should be your basic expectation from Trading ?! To be Billionaire overnight ? yeah guys, millionaire not in our list anymore, too much of crowd in that zone (or) To make every trade right ? (or) To become...

InsiderB

Waiting till Target 2 around 550's zone or booking profits at 537's zone is completely dependent on your trade plan. This is harmonic setup, if you are not well-versed try other setups,which are applicable here, you can take trade based on that, but it should be in your trade plan. I think people hate this line the most which I repeat in every post :) Its for...

InsiderB

None can assure whether pullback will happen or not but if it goes as per plan then we are good to trade. But take care of below points : i) Short-term setup lasts day or two ii) Risk:reward tool is approx, if you feel stops are wider, reduce it iii) Aggressive entry still valid, but conservative only on pullback

InsiderB Updated 

There is an ABCD, there is a triangle formation in development, one potential Double top which is evolving within triangle.. yea... We have various pattern styles in single chart of Nifty. Versatility in one word. We have good triangle formation, most of you might have found earlier itself & we are expecting a false breakout on the upper trendline with Double top...

InsiderB

I guess this is My first post on UsOil in Indianversion... At resistance wait for bear signs & Go short, We are aware how volatile commodity markets are, Risk is yours !

InsiderB Updated 

Back to Back patterns & we cudn't resist taking those, here is another one for you. But Nifty has area of concern around 9530's , though its well below from here, still remains concern. If Nifty closes above 9600's for the day everything is cool n fine else it will lead to confusion & more ranging days ahead of us. Let's see what happens today, Nifty may retest...

InsiderB

Hi Guys, I was busy over last few days hectic schedule & in coming days also it looks like that but I try to post as n when I get time. Regarding PM's people say that I'm online but not replying, No guys, browser tab will be minimized most of time & so it will show I'm online but I won't even be around the trading desk :) Here in our Nifty, its breaking bad...

InsiderB

Indicators ??? On InsiderB post ?! Oh yes & It's not by mistake, for the purpose of explaining few things to the community. The wide spread view on Indicators be it RSI, Macd, stochastic or any indicator is that they lag & always come behind price action, they fail, can't be used for counter in trending markets, n lot more. But, Does any of the strategy out there...

InsiderB

Triangle breakout - downside : so obviously short positions in Infy. There is a wick pierce our of triangle , I feel that's just market makers who took stops of retail traders while going bearish but we can't say for sure also. Anyway look for further downmoves unless it(IT) is debugged !

InsiderB Updated 

We do have channel break already in Tata Motors so with bearish moves in past sessions, I guess we will reach our targets.

InsiderB

Nice breakdown in Gail, check your tradeplan for entry. Anyway at times if lucky we will get slight pullback to triangle itself. All The Best !