Market-Thalaivaa

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...

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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...

Market-Thalaivaa Updated 

► 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...

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

HDFC Life has seen a breakout from triangle pattern in weekly timeframe. We will get aggressive once the stock crosses 700, till then smaller quantities / SIP can be done. All levels marked on 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...

Market-Thalaivaa

Wyckoff studied stock movement in terms of demand and supply almost a century back. He categorized stock movement into cycle of - Accumulation (Oversold Zone) --> Reaccumulation (can be multiple) --> Distribution (Overbought zone) --> Redistribution --> Accumulation Study of each phase can be a book in itself, however we here try to demonstrate how a...

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 Updated 

Details on Chart

Market-Thalaivaa Updated 

HPL electric and power limited has shown an inverse head and shoulders pattern in weekly chart. The weekly ichimoku setup is also very bullish. Being small cap, we will enter a very small position (<3% of portfolio size). Targets - minimum 20%, then trail for every 10%. Stop Loss - 43 or 35 (if you are very aggressive). Disclaimer: All investments and trading...

Market-Thalaivaa

Reliance has shown a bearish bat pattern. However, the last leg of the pattern was super strong, so no trading as of now. People holding in cash may hedge with a put option. Shorting call options can be risky when the stock has such a momentum! This material is just to introduce the Bat Pattern. As per Scott Carney - A Valid bat pattern has the following...

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Nifty on Friday has seen a narrow range top with spot Nifty making an all time high. However, volume seems to be drying up. Does this mean SM have stopped trading and only amateurs have taken positions? Can this be a false upside break of the wedge forming? I remember the instance mentioned in Tom William's book Master the Markets looking at this instance....

Market-Thalaivaa Updated 

Volume at Price for Godrej Properties: (1) There is an accumulation from 850 - 1050 zone (2) Trending Phase from 1050 - 1250 has small participation (3) Huge volume at 1300-1500 zone Looks like many buyers who entered in 850-1050 zone have exited their positions. Our assumption for the analysis is that buyers who have entered in the latest accumulations are...

Market-Thalaivaa

State Bank of India showing a multi-month breakout on a monthly chart. Breakout was preceded by an almost 10 year accumulation. Though the last phase of accumulation was pretty fast, post covid rally helped the phase. Now, it looks like the accumulation is over and the stock will trend. This is a good pick for long term investment. The stock can test 700-800...