Long in the range 388 -391 SL 381 T 395,401,406 Disclaimer: I am not a SEBI Registered Analyst. This is for educational purpose and my personal view. Please take position after consulting your advisor.
Reliance has a harmonic reversal zone Based on that the below are the trade details Short in the range 2002.3 - 2010 or above SL 2030 T 1980,1960,1925 Disclaimer: I am not a SEBI Registered Analyst. This is for educational purpose. Please take position after consulting your advisor.
PEL has hourly reversal zone from 1590 and weekly reversal forming at 1610-1640 SL 1740 for positional T 1488/1400/1300 Intraday can short near 1590-1595 SL 1605 T 1580,1564 Short when you notice a reversal. Blind short in hourly is risky. Positional can be taken.Calculate the risk before entering Disclaimer: I am not a SEBI Registered Analyst. This is for...
On 30 mins TF, BajFinance has a resistance at 3310 and support at 3260. It has made multiple inside bars which shows indecision among market participants. If breaks on downside can sell for 3190,3122. 3100 is a major support which will hold. Disclaimer: I am not a SEBI Registered Analyst. This is for educational purpose. Please take position after consulting...
There is a resistance around 23000 and reversal zone at 22870-22900 Short in the range 22870 - 22900 SL 23080 T 22682,22371 Can sell with a bug hedge so in case trade goes wrong you are protected. If hedged R:R is 1:1 i.e. 3-4k loss or profit Disclaimer: I am not a SEBI Registered Analyst. This is for educational purpose. Please take position after consulting...
As can be seen from the lines in the chart, 20900 has been acting as support since last few weeks, Banknifty has touched it multiple times and reversed and on the upside resistance is at 23000. Based on this view, 20800 PE and 23100 CE of 23rd can be sold. Credit per lot will be 62 and 72 as of today closing but Monday opening the price will differ. Total will...
Since 15th April Apollo Hosp was trying to break this range and finally was able to break yesterday. The entry was supposed to trigger today on break of 1507, but it couldn't sustain that level. Tomorrow if apollo sustains above 1507, buy with SL at 1440, there are multiple resistances at 1544,1580,1616. These can be considered as targets. Also BAMM got...
Adani Ports fell continuosly for 9 days and stopped at harmonics reversal zone of 311. Made low of 309.6 The next day it made inverted hammer and today hammer. View is to long about the high of hammer Long above 320 SL 310 Target 330,336 Highest OI is at 350 CE and 320 PE. expecting it to close in between this range Once in profit of 3-4 rs can sell 335 CE to...
Can sell dabur here with SL at 506 if looking for intra and 516 for positional Highest OI at 500 CE and put at 480 PE so expecting it to be in this range Target can be 488/480
There was a harmonics sell zone from 940-945 and it couldn't sustain that level. Now if it breaks today's low, it will go for gap fill on downward. So sell on day low's break with day high as SL and target can be 850-860 Expecting Infosys to retrace gap fill and then start the upward journey again. It has given a BO from 850 levels Trend is overall positive. I...
there are two ABCD reversal patterns one at 10971 another at 11112. XABCD also forming at 11098 There is also a resistance around 11100 In hourly it has given a breakout. So my trade would be - Buy on break of Friday's day high (around 10935) with SL at 10860. At 10975, either book profit or move SL to cost as it is a potential reversal zone. If crosses and...
TechM reversed from a harmonic level(635-640) and made a bullish engulfing. Next day it made an inside bar and closed below the resistance at 607. Aggressive traders can sell below day low of engulfing bar(599) for target 583 with SL 606. Safe traders can sell on low of engulfing bar which is 588 and trail to cost when it goes 583 (there is a support), when this...
View 1 As per harmonics 0.886 levels it can reverse which is at 1260 Sell at 1255 - 1265 SL 1285 Target at 1240,1200 View 2 As per chart you can see it has given a BO from trendline also the highest OI on put side is 1100 PE. You can sell 1100 PE and pocket 14 points which is sureshot with expiry in another 2 weeks. Margin - 2.2L Add 1340 CE to it and another...
After falling for consecutive 6 days, a bullish pin bar was seen, which clearly suggested that price is getting rejected from bottom. Today it closed above the pinbar which suggests a reversal with bullishness in Banknifty. If banknifty supports RBLbank can reach target within a week. Once entry is done and in profit, better to hedge with 180 CE sell to maximize...
Bharatforg is forming a HNS. Can be a good long on Monday if crosses 390. Immediate target is 410-413. As per the pattern final target will be around 465-470 Highest OI is at 390 CE. From OI, it may not be able to cross and sustain the price. Let's watch. Safe entry is to enter after closing above 390 SL 375 Disclaimer: I am not a SEBI Registered Analyst. This...