Sarthak_Singh

Sarthak_Singh

The stock has reached its upper limit of the channel. 200 EMA is giving support for now. Crossing that, we may see stock reaching the lower end of the channel. Trade with caution. The upper trend line will be SL. Target will be the lower trend line of the channel (in phases). Stay Safe & Trade Safely. :)

Sarthak_Singh Updated 

The stock might give a breakdown from the trend line. Bajaj Auto is taking support at 500 day EMA with trend line. We have another short term trend line acting as resistance for the time being. If sustains below EMA we can see a good downfall. 500 EMA will become SL in that case.

Sarthak_Singh Updated 

HDFC crossed 200 EMA with Good volumes & RSI is in the overbought zone. Stock is showing signs of bullishness. First Target - 1680 Second Target - 1740 Stop Loss - Stock can retest 200 EMA with a pullback. SL will be a few points below the 200 EMA. Stay Safe & Trade Safely.

Sarthak_Singh Updated 

Pidilite gave 2 confirmation for a breakout on 2 different Trend lines with Volumes and RSI rising. This could very well be a false signal and trap buyers in intraday as the stock closed below touching 200 EMA. Crossing it will activate the trade. Until then it's bearish. Levels are given on the chart. Stay Safe & Trade Safely. :)

Sarthak_Singh

Spotify was in a long channel since Jan'19. Spotify breached the channel yesterday in a single candle with super abnormal volumes. Why? Spotify paid Joe Rogan $100 Million to leave youtube by the end of the year and transfer all of his podcasts on Spotify. This is definitely huge for Spotify in the long term. If Spotify does more deals with content creators of...

Sarthak_Singh

DOW fell from last high of 29,568 (13th Feb) to 18,213 (23rd Mar), and tried to recover back and stayed between 38.2% & 61.8% retracement level. Dow Jones traded in a parallel range for 2 Months and tried breaching the zone thrice in the hope of recovering completely, although unsuccessfully. Now taking support and facing resistance around 200 EMA (Increasing...

Sarthak_Singh

We have a good range of 3200 tradable points in Bank Nifty for next week. If Bank Nifty tries to recover completely we will get 2 alerts before that. Even then there's 38.2% retracement { Fibonacci level taken from last high of 13th Feb to the recent low of 16,116 } which will act as super resistance. Markets reversed today ( Green Line ) from 78.6% retracement...

Sarthak_Singh

The stock has a very small space to float for intraday tomorrow. Breakout/Breakdown seems to be a possibility. 100 EMA - Blue 200 EMA - Black Stock is above 200 EMA but below 100 EMA. 200 EMA & our Trendline can act as a support to not let our stock from falling. If a breakdown happens inside intraday then our first target will be the red zone. It has acted as...

Sarthak_Singh Updated 

Levels on the chart

Sarthak_Singh Updated 

SL - 283 Target - Red Line & Trail Happy Trading :)

Sarthak_Singh

EMA acting as resistance/support.

Sarthak_Singh

Nothing's more beautiful than a stock respecting a trend line xD. GodrejCP knows it's boundaries. Keep a strict SL.

Sarthak_Singh

Overall Bearish Trend. Look for a breakout.

Sarthak_Singh

Rejection at 200 EMA. Followed by a breakdown. Keep a strict SL.

Sarthak_Singh

Breakout/Breakdown Move. Trade with small SL. Happy Trading :)

Sarthak_Singh Updated 

Levels on chart

Sarthak_Singh Updated 

Closing below 1120 a positive signal for a short. Trade active below 1120. Keep the SL around 1160 or 200 EMA on Intraday basis (Acc. to your own risk appetite) (1130 as of now). or 1190 on a Swing trading basis. Happy Trading :)

Sarthak_Singh

Levels Mentioned. Close below 298 is Important. Happy Trading :)