Novicetrader2015

Novicetrader2015 Updated 

Stock has formed HnS on 15 min TF. Tomorrow if stock breaks support zone then it will come to fill the gap created on 26th Apr Short below 587 for a quick target of 581

Novicetrader2015

Stock is slowly falling after forming triple top. Today it broke the support zone but bounced in last 15-30 minutes. Looks good to short in coming days. Intraday : Looks good below 731 for few quick points Swing : Good if 30/60 minute candle closes below 727 P.S. Zone can act as good support, so Ignore if stock starts trading above 750/755 levels

Novicetrader2015 Updated 

Stock has been supported multiple times from the same zone making the zone weaker. If breaches 660 then can go short. For swing wait for hourly candle close below 660. P.S. If taking for swing then do with proper Risk to Reward only since its a very volatile stock and ideally not suited for swing

Novicetrader2015 Updated 

HDFC Bank is forming a ST on Daily TF. Being the market leader, its move will affect Bank Nifty big time. Move on either side will give 1-2% at least (bigger move possible on upper side) If breaks on lower side, target 1370, 1360 and 1350 If breaks on upper side then target 1503, 1548 P.S. Wait for 30-60 min candle close after breaking the triangle.

Novicetrader2015 Updated 

Stock has broken the channel on lower side and closed below lower TL. Short below 2520 for a target of 2497, 2488 (Ignore if opens gap down) P.S. Wait for right levels !!

Novicetrader2015 Updated 

Stock has hit a resistance zone today and closed around it only. Can break tomorrow for good upside. Good above 1416 P.S. Very fast moving stock so keep proper R:R in mind

Novicetrader2015 Updated 

Stock has bounced from support zone. Buy above 2535 for target of 2590, 2617 and 2668 with SL of 2480 P.S. Stock might come down tomorrow, so buy only above right level

Novicetrader2015 Updated 

Stock has formed rounding bottom on higher TFs. Looks good to come and fill the gap above Buy above 890 for target of 917 P.S. Stock might take 1-2 days to trigger, wait for right levels !!

Novicetrader2015 Updated 

Buy only if 15 min candle closes above 2940 for targets of 2990, 3005

Novicetrader2015 Updated 

Stock has made all time high but has been rejected multiple times from the same zone, might come for selling tomorrow However looks good for swing Buy only if hourly candle closes above 3925 !! P.S. Sell below 3850 only for targets of 3800 and 3780 (Intraday)

Novicetrader2015 Updated 

Stock looks weak and is trading near its support TL. If breaks TL and closes below it in 5/15 min TF then can target 905 in Intraday.

Novicetrader2015 Updated 

Stock has formed a symmetrical triangle on Daily TF and has been moving around its support zone from a long time. Wait for stock to break 538 for targets of 550, 559 and 586 On the contrary if stock breaks 514 on the lower side then target of 500 can be seen in 1-2 sessions only P.S. This trade can take few days to trigger however the movement can be very fast,...

Novicetrader2015 Updated 

Stock has taken support from long term Trendline and risen after making double top. Intraday - Wait for 5 mins closing above 142.40 Swing - Wait for 30 min closing above 142.50 P.S. Good if market is in uptrend

Novicetrader2015 Updated 

Pharma sector looks strong and Cadila looks set to test 4 year old resistance zone. Buy above 532 for a target of 537, 542 and 553 in coming sessions.

Novicetrader2015 Updated 

Stock has breached 2 important support zones on 12th April (refer chart above) Looks good below 166 for target of 138, 128 in coming days. P.S. Ignore if starts trading above 177/180 levels

Novicetrader2015 Updated 

Stock has formed Head and Shoulders on daily time frame. Good to short below 325 for target of 318

Novicetrader2015 Updated 

Stock has moved up after making double bottom and has broken the resistance zone to make new ATH. There are 2 possible scenarios mentioned in the chart for stock's future journey. Kindly wait for right levels before taking any trade. Intra - Buy if sustains above 1167 for 5-10 mins Swing - Need to wait for 15-30 min candle close above 1167

Novicetrader2015 Updated 

Stock has been pushed back at resistance zone multiple times. Lets see if its successful in breaking it this time. Good above 817 P.S. Set up fails if stock falls below 805/800 levles