Long with a sl just below the red line for target green line. 1:7 rr trade.
This is a very strong resistance right above us. Can short the down here with a 100 point stop looking for a 500 point gain. With a 1:5 rr its a good low risk opportunity.
One can go long in the s&p 500 at current levels for new all time highs. Its a trade with great risk to reward at this juncture.
One can go long on Nifty based on this price pattern with an sl at 10900 with a target of 11600. The bottoming formation is done.
This is a advanced price action based short idea. The pink line is the cmp with the red being SL and green line being target area. Infact im very bearish on the dollar from here and below.
Short SPX with a tight stop at 2404 for target at the green line.
Short Gold between 1288-1289 with an sl at 1306.80 for target 1200
Build Short Postions in Bn in the range of 22150-22300. In the current upmove i expect BN to top out at around 22300. One can go short at these levels with an sl at 22500 for target 21000 ( positional). This is a long term trade, expecting it to retrace to 21000 levels in the next 20 trading sessions.
One can go long in the spx at cmo of 2337 for an intraday target of 2349 and beyond. I am expecting the spx to go back and make new life time highs from here on.
We can go long at 21648 cmp with a small sl just 50 points away,target is new life highs again.
Buy Axis Bank around 500-503 cmp (501.75) for intraday target 516 + with a small sl at 496. Incase axis bank opens tomorrow below cmo of 501.75 then please avoid the trade.
Long Snap at cmp of 22.70 with an sl at 22 for target 28$ + in the next 10 trading sessions.
Go long the DJI at cmp 20685 with an sl at 20607 for target 20992+ in the next 2-3 trading sessions.
Go long in Bank Nifty at cmp 21360 with sl at 21100 for target 21757 in the next 3-5 sessions.
Short Bn at cmp 21240 with sl at 21286 for target 1) 21054 2) 21000 3) 20897. The sl being just 46 points away this is a contrarian but low risk high reward trade.
Short Bn at between 20950-20850 with a sl at 21053 for target 20496 and lower. Time frame for this trade is really short. Within the next 2 trading days i am expecting this trade to hit either target or SL. Trade will activate tomorrow at market open. Before some wise guy calls this an against trend trade or says that it is wrong analysis please remember that...
Comparing the near term charts over the past 3 years we can see that both Nifty and Bank Nifty have a habit of making new highs / life time highs just when the American Markets have seen new ATH's and are starting to taper off. With the Dow and S&P having a had a phenomenal run over the past few days whilst our indexes have experienced what we can best call...
Go long in bank nifty with sl at 20120 for target 20456 within next 5 trading sessions.