Market-Thalaivaa

Market-Thalaivaa

The bearish Wolfe Wave, a powerful chart formation that warns of impending bearish moves in financial markets. Understanding the characteristics and implications of this pattern can provide traders and investors with valuable insights into potential downside opportunities. As seen in the chart, a Wolfe Wave consists of five waves, labeled with the letters or...

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Reliance taking support at two year long channel. RSI also taking support near 40 levels. Holding horizon - 6-7 months. Targets - Around 3100 Stop Loss - 2200 This is a setup with good risk reward. I will prefer a covered call (stock in cash with shorted OTM call) in case IV rise, else plain vanilla cash stock. Please Note - This is not a trading advise, only...

Market-Thalaivaa

Presenting an example of accumulation along with all details on the chart. Comments and Criticisms are welcome!

Market-Thalaivaa

Panacea Biotech Limited is touching monthly channel bottom. Ideal holding period - 1-2.5 years Projected gains = 200% - 225% Stoploss on closing for 2 months below the channel. ** Material only for reference. Assess your risk before entering any positions.

Market-Thalaivaa

Kotak Bank looks like in accumulation zone. For Investor Mindset - an SIP in Kotak Bank within the channel will give good and safe gains. For Trader Mindset - Wait for a bounce back from RSI in 35-40 range, will give a good swing trade going ahead. * Note - Material only for informational purposes, do your own due diligence before taking positions.

Market-Thalaivaa

There is an upcomming alt bat pattern in banknifty. Details of PRZ are on the chart.

Market-Thalaivaa

Daawat has given a nice and strong breakout from triangle in weekly timeframe. Targets - 90++ Stop Loss - 58 I'll prefer SIP on daily basis in 60-75 zone to average out buying. Expect a pullback before a very strong rally . Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including...

Market-Thalaivaa Updated 

Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional...

Market-Thalaivaa

Maruti has given a good breakout in weekly time frame out of consolidation pattern. Stop Loss - 7200 Target 9200 Cash only trades - no derivatives. Disclaimer - we are holding from 7450-7500 levels. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or...

Market-Thalaivaa

Adani Enterprises has given a breakout from a long consolidation. Also, news of Adani-Wilmar IPO is coinciding with breakout from consolidation. Looks worth a try to go long. We will hold cash positions only. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock...

Market-Thalaivaa Updated 

HDFC Bank looks like taking support on previous resistance zone. We will be taking a small equity position with a stop loss of 1575. Targets 1650/1700. Looking at increased volatility in markets, derivatives position should not be taken by novice traders at the moment. Looking for the targets in a couple of days. In case it consolidates then we will...

Market-Thalaivaa Updated 

Indusind Bank - Nice accumulation taking place in 970-1060 price band. Looks like a good time to accumulate on SIP basis. Once the share crosses 1060, we can target for 1100/1180. Bulk buying should be avoided till 1160 level is breached on daily closing. Shorting 1100 CE if you have adequate holdings is also advisable, however do this only if you have...

Market-Thalaivaa

Banknifty approaching upper band of 3 months long channel. Still some points to be covered on upside. Then caution needs to be maintained for longs. Hedging positions is one way. 37500-38000 CE can be shorted against future positions or ITM calls. Hedge only if you have experience in doing so, else maintain a tight stop loss. Giants like HDFC Bank is facing...

Market-Thalaivaa Updated 

Tata Motors - On breach of 280, we can track the stock for a target of 250. The movement would be slow as we have an unfilled gap on the way. Ideal way to trade this setup would be by taking - (1) Bear Put Spread (2) Shorting OTM Calls These strategies will avoid premium erosion due to time decay. If you have cash positions, you can either hedge or...

Market-Thalaivaa Updated 

Banknifty has given a deep shark harmonic reversal. However, the speed of movement in the last leg was strong, hence shorting is not advisable. Hedging or unwinding longs can be done. A test of gap near 35300 can happen in next couple of days. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the...

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► Aditya Birla Capital had seen a weekly breakout in mid-February ► After breakout, stock is consolidating, forming a triangular pattern ► Entry can be taken on break of triangular pattern or pullback to the triangle ► Based on news of SEBI clearing draft red herring prospectus for Aditya Birla Sun Life AMC, there might be a gap up opening on Monday breaking out...

Market-Thalaivaa Updated 

Stock is showing a nice breakout from an accumulation zone. All levels on the chart. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research,...

Market-Thalaivaa Updated 

A breakout trade can also be taken, however as the scrip is good fundamentally we would enter now. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough...