Menan_trades

Menan_trades

The Stock is forming Inverted Head & Shoulders type of Pattern. Can go long after sustains above round level of 7000. SL:-6675 Targets:- 7550, 7950, 8270(ATH)

Menan_trades

Can go long on Gold after the breakout for target 1 of 52600.

Menan_trades

On weekly charts, Nifty was not able to give a proper candle close above 17900 levels on last three rejections but able sustained above it this week with a strong candle close. It has also given a breakout on trendline or channel type of pattern which is respected for long time. Can initiate a Trade for upside when 18150 levels is taken out in 15min charts with...

Menan_trades

Bank nifty is in range from last two weeks. Its most to be break upside and can be directional till 42000 levels. Can initiate a trade for upside after it starts to trade above 41550-600. Immediate target for upside will be 42000 levels. It is preferred to trade with full quantity for upside as it favors the trend. For Downside, 41000 levels need to broken...

Menan_trades

Stock has never broken this zone since 3-4 years. We can only go long on positional basis after a weekly candle close above 830. Also, Stock can face resistance from this level. In this scenario, We can go short on this after a daily negative candle as RR ratio will be more favorable. <>

Menan_trades

Gold is currently on important demand zone as well as seems of taking support from 200EMA.

Menan_trades

Our Major Indices is forming a bull Flag kind of structure on hourly TF. Can go Long after breakout or retest . It is advisable to have a strict SL as there is pattern in hourly TF not on Higher TF. Also, Retest is also pending after a breakout of 16400 levels(nifty). This pattern may continue till that level.

Menan_trades

After a Trendline Breakout and retest, Seems like it is ready for a up move. Since market is not giving a clear direction, it is preferred to have a strict SL of 1430. Target for this trade are 1515(RR 1:1.8). Target and SL are small because Nifty is consolidating in a range from last 4 trading sessions also facing resistance at 200EMA(daily TF).

Menan_trades

The Stock has given a breakout from a falling wedge kind of pattern and also formed a bottom in higher timeframes. Can be Brought At CMP from targets of 1670(Swings) and 1740(Positional Basis). Fundamentally, Stock is very strong could be a nice time for investing (Short to medium term).

Menan_trades

ICICIBANK has given a breakout from a symmetrical triangle pattern in weekly chart. Can be brought at CMP and hold it for short term . Fundamentally, Stock is also nice and good time for investing also.

Menan_trades

Nifty currently seems like forming a Bull Flag kind of pattern. We can initiate a entry after a candle close over 15800 levels on atleast hourly chart. Targets can be round levels of 15900(intraday) 16000 and 16200(swings). Market Seems like bullish after nifty sustains above 15900 level but for short timeframes. Overall market is still bearish on weekly and...

Menan_trades

Stock showed Massive volume at Super important Supply area . Can have Short position in this as market is also bearish . TGTs for this trade would be till 200EMA .

Menan_trades

BUY/SHORT on breakout or breakdown . It would a long swing or positional trade if it breaks the long term resistance trendline. Also, rejection is possible so wait for proper retest and 1 or 2 daily candle close for a conclusion for Buying or selling .

Menan_trades

The stock is looking good on charts . Can be brought after a breakout of Inverted H&S pattern ,Also we can see a trendline resistance in it . Can be brought after it sustains above 2400 levels

Menan_trades

Banknifty has given breakdown from rough Head and Shoulders Pattern and moving in a same range Can be a good trade if breaks the range downside . SGXNIFTY is also indicating a gapdown opening . We can initiate a trade after a pullback.

Menan_trades

Can buy at CMP for tgts of 775,800 and 840. The stock has given a breakout from imp zone . Can go long on this.

Menan_trades

Given a breakout after nice consolidation can buy at CMP for target of 410

Menan_trades

The chart has given a nice breakout from a crucial resistance zone ,can be bought at cmp for Targets of 52100 and 52200. #PositionalTrade