Jnaneshsd

Jnaneshsd Updated 

Cipla after a sharp fall from 619 levels now price has halted near trend line support. RSI Oscillator from over sold (RSI30) sharply reversed to (RSI45). Price has taken support near major trend line, & looks like Buying!! Traders can buy in the zone 502 to 525 range and maintain stoploss current recent low has price failure near the trend line. Happy Trading...

Jnaneshsd Updated 

The very first trend profit booking was happened near 1450 levels and price manged to correct sharply from the top to 1157 levels and finally price taken you turn @ 1090, Price moved on bullish trend made fresh high 1651.50 & vertically crashed taken support near Fibonacci 50% re-tracement zone after that failed make newer lower lows, there is minor trend line...

Jnaneshsd Updated 

After result day Cummings India failed to reach market exception price sharply corrected from 1070 to 885 levels, But Still quarterly numbers are pretty well. Technically now price has failed to break 38 percent retracement level 881 and Managed trade near above 50 percent retracement 992. Currently closed @ 919 levels trades can buy in the range of 915 -900...

Jnaneshsd Updated 

As i posted to short signal Bank of Baroda on 23 May with target of 170, Yesterday price recorded low of 166.90. Today price managed trade on green, Yesterday in Inside range fresh minor trend line break out seen with avg volumes, Now trend traders can hold there short position with trailing stop loss of 183.5- 184 range, Fresh entries can enter @ 175 zone with...

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IBULLHSGFIN as recorded lowest low 177.50 on 19.09.13 and slowly price started recovering started making higher highs recorded fresh high 805 on 06.08.15 & moved to sideways slowly had a sharp correction & price halted @ 61% and recorded low of 558. From there price manged to trade on higher highs recently price made high 1189 near 161% of Fibonacci. Currently...

Jnaneshsd

After a long time trend line breakout near 1279 levels price recorded high of 1296 levels and sharply reversed from the top & recorded low 1240.71 near Fibonacci 50%. Its good indication that traders can buy from current levels(1250) or in the range of 1246 to 1250 levels with stoploss below 1236 levels. As per my view short term profit booking will be seen near...

Jnaneshsd Updated 

After a vertical crash from 3046 levels to 2757 levels price managed trade on side ways node for several days, Now price slowly picking up the momentum for shorter term traders can in the buy zone As there is triangle breakout in the charts, Price manged to open above 50MA with volumes these good indication for shorter term traders to trade. for more levels stay...

Jnaneshsd Updated 

As Gold is currently trading 1254 for shorter term its looks like traders can go long @ 1252 to 1253 levels with stoploss of 1250.50 levels, Take profit zones looks like 1258 to 1260 levels can be expected. The key concern of buying RSI in rising mode. Happy Trading Trading is subjected to Market, Before trading please do your own research

Jnaneshsd Updated 

In chart i clearly explained the trading horizons of NSE : Axis bank, I personally feel Axis Bank will trade on lower side. After filling the gap price has failed to trade higher taking you turn from supply zone, As RSI mid line is breaking i suggest to take short and maintain stop loss above the supply zone. Trading Strategy is Go short in futures. Disclaimer:...

Jnaneshsd Updated 

As US Crude oil current year price trading in thick range in between 54 $ to 43$ continuously price manged to trade on ascending trend line. Now price is trading @ 46.30 while writing this post, Traders can buy Crude oil around 45.50 to 46 levels and manage to place your stop below 44.40 levels, As per COT reports slowly long positions are building upside levels...

Jnaneshsd Updated 

Since from last April BOB is trading inside the Bull channel, Price has managed to make higher highs on rising trend line, Currently Price manged break higher low with the RSI Oscillator divergence, Currently RSI mid-line broken today with Higher- low. Traders can go short on CMP(182) with target-170 Maintain Stop-loss 188, (R:R 1:2) Risky traders trail your...

Jnaneshsd Updated 

Gold: As i clearly indicted a Buy in demand zone @ 1226-1227 on May 14 in my previous post, After price recorded 1265.05 has a high & moved to side ways currently price is trading @ 1256, But still there is potential moving on upside till 1274 levels. So it high time lock your profits @ 1244 levels. Happy Trading !!

Jnaneshsd

EUR/JPY after a sharp correction from 125.8060 price manged to halt near support level 124.4190 levels now price trying to take momentum on upside, Traders can buy EUR-JPY @ CMP and maintain the stoploss of 124.2000 with take profit 125 Happy Trading Feel free write comment us

Jnaneshsd Updated 

The volumes are high in NSE: BAJAJ AUTO still failed close on green on today closing bar formation is PIN bar, RSI divergence is seen near level 65-70 RSI levels technically that's not good for continuation shorter term price may trade on down side. Happy Trading

Jnaneshsd

In my previous post i shared my view on Bajaj Auto short on false breakout with RSI Oscillator divergence, Selling level( 2990-3000) Later on price crashed from 3000 made low of 2750, Price failed to break the zone managed trade above. Today in closing price closed @ 2837.95 managed to close above. But there is no clear indication for buy still good volumes are...

Jnaneshsd Updated 

After Brexit Decision GBP crashed vertically managed to halt @ 1.19048 and lost momentum, It was in the range of 1.27600 to 120850 in last 7 months horizon. Fundamental condition still remains choppy !! Volumes improved in recent past days, Open interest raised by 3.6 %. Expect price to trade in the range of 1.2800 to 1.31750 in coming days, Shorter term traders...

Jnaneshsd

I explained how to trade high probability trades with using RSI Oscillator in Trending market. RSI Oscillator is fast moving indicator, Observe RSI Divergence failed to change the direction but still you get the pull back, Notice before price fall RSI hitting bottom that is key indication Price is trying to make higher high. Trend is strong on Upside those...

Jnaneshsd

After strong selling from 1295 levels now price has halted near 1216 levels, There is a minor trend line support & RSI oscillator is in over sold, This week we can expect small pull back to upward levels, Upside levels are 1250 area acts as major levels. If any thing breaks above with volume, Fresh Buy build can be seen in those areas, higher levels remains...