NeelamN

NeelamN

USDINR has given a good volume BO candle on Weekly if it sustains above current level, this BO may give good targets as shown by the wave structure shown on chart. Buy intraday Dips... I am holding Bull Call Ratio Spread... Might also do naked Call Buying with limited risk amount. (amount that I am ready to loose)

NeelamN

RBL BANK is one such stock which can give you solid returns when it shows signs of falling. This is one such scenario where it has made a lower high at channel resistance with evening star and also stochastic indicator has given a negative cross over at the same point. To make money on this opportunity, we may SELL 145 CE option easily hedging it with 150 CE...

NeelamN Updated 

Hi Folks! USDINR gave a bearish Momentum lately, now it seems to be stuck in a range. Bollinger bands are also flat with 75.25 and 74.75 as resistance and support. It may make a rangebound flag as per Price action. To make value out of this range, we may consider doing a straddle / strangle Or may go for our usual bear call spread as direction is still...

NeelamN Updated 

USDINR has broken an inclined Trendline, this can be seen as inverted flag pattern breakdown. {considering upside retracement as inverted flag} Since, 75 seems to be a strong resistance (breakdown level), I am considering Bear Call Spread strategy with next week's (11th Feb) options. Plan your Trade ! Trade your Plan ! Happy Trading !!!

NeelamN Updated 

USDINR gave inverted head and shoulder breakout and achieved it's target Now, it is showing bearish divergence with previous high in stochastic. candle close below breakout level shows bear strength. Bollinger Band has started expanding indicating increasing volatality. Trade with SL. Plan your trade. then trade your plan. Happy Trading !!!

NeelamN Updated 

USDINR has touched the Inverted Head and Shoulder target Now, it is either retracing or reversing from the resistance point. May capture this movement with SL at top of today's high. Any bounce is a sell. If it crosses 75, next target 74.75

NeelamN

This stock is on the verge of breaking out its previous high and going for a All time high level. Chart pattern is quiet like a rounding bottom / somewhat inverted Head and Shoulders, what ever the pattern is, but the point is this stock price is breaking above its consolidation zone. Such stocks may give multi-fold returns in less than half of the time of its...

NeelamN Updated 

USDINR is at the previous support level. Printed two hammer at the support level with Stochastic Positive Crossover Wait for a Dip to go long as an inverted head and shoulder pattern seems to be forming on hourly TimeFrame... Stoploss below the low of the hammer

NeelamN

Hindalco Price in a parallel channel towards the upside Chart Pattern : inverted HnS at the support of parallel channel

NeelamN

Weekly - Breakout with good volume Daily - Inverted Head and Shoulder Breakout with good volume Long with stop loss of low of last daily candle. Buy if you get a dip.

NeelamN

USDINR gave a fantastic rally, however, now the price is narrowing upwards, causing a wedge pattern. its time for the breakdown of the wedge, if it does, good short trade activates.

NeelamN

Nifty was volatile in a range this expiry day. After making a W pattern and giving a gap up opening, now, it is showing a flag pattern (sideways base) in the making... any price action breaking the range (up or down) will determine trend continuation upwards or a rangebound volatile market for coming days. If breaks out or opens gap up and not filling the gap for...

NeelamN Updated 

USDINR seems to take a momemtum above 75.20 as it is a long term trend line level This trend line breaks the flag pattern of USD INR made from its All Time high level Good volume candle printed on 4hourly Any pullback will be a long opportunity My Trade will be SELL 75 PE BUY 74.75 PE Bull Put Spread I might also add a naked 75 CE to gain the momentum if it...

NeelamN

Multi=Time Frame Analysis: Monthly Fake Breakout, as November's candle closed below the breakout candle of October month Weekly neutral candle printed High:36844.00 & Low:35327.90 Daily Good Breakdown candle's high not taken out & is acting as resistance, also there is a gap. Hourly - sideways movement of price seen with no strong breakout or breakdown...

NeelamN Updated 

USDINR is a a crusial level long term trendline broken upside Trend is Uptrend View : Buy the Dip My trade : Bull Put Spread on any dip Plan your Trade !!! Trade your Plan !!! Happy Trading !!!

NeelamN Updated 

USDINR is stuck in a range 74.5 and 73.5 Last week USDINR printed a neutral candle, this week price fluctuated between the high's and low's of that previous week's candle. Sideways action expected for this week as well. Risk takers may go for straddle or strangle strategy Or I recommend Bear Call Spread. Sell 74.5 CE Buy 75 CE as Trend on higher Time frame is...

NeelamN

Palred has broken out of a long consolidation kind of rounding bottom / cup and handle formation breakout Volume also good. It may give mutiple times target, although first targetting a the height of the cup.

NeelamN

ITC gave a 50% retracement with two inverted hammer with Stochastic NCO Decent Trade for next 10 days. SELL 235 CE @ 4.50 BUY 240 CE @ 2.40 Total : 2.10 = Approx. Rs. 6720 /- (2.10 * 3200) Required Margin in Zerodha : Approx. Rs.50000/-, Final Margin : Rs.35600/- %Profit = 6720 / 35600 = 18.87%