SharemarketRaja

SharemarketRaja Updated 

Refer chart until channel break wait for it

SharemarketRaja Updated 

1) 11060 green area sustained if any bullish signs then only go for Buy-side targetting 11150/200 ( Support as per option chain analysis(OPCH)) 2) Pink Line intersection which is short term up/down trendlines joint may work resistance(double confirming with a divergence) @11060 level rejected then definitely market may come down till 10960/50 3) 10950 is short...

SharemarketRaja Updated 

reffer chart

SharemarketRaja Updated 

refer chart

SharemarketRaja Updated 

1) Only for risky traders, the risk-reward ratio is not favorable 2) Conservative trader wait for a breakout of descending triangle 3) only trade setup I can see delv % increasing daily & gold rate are very hight in future gold finance giving companys benefited +Ve Sentiment 4) SL - low of candle Entry - High/Close of candle Exit resistance line

SharemarketRaja Updated 

Delivery % + Traded Volume + Closing price continuous increase resistance broken so it may take support at 1297/1300 and will touch 1355

SharemarketRaja Updated 

Major Resistance broken, Green Area became a Value area if any bullish signs at this area buy target 1410/1415

SharemarketRaja Updated 

Look for bullish signs or gap up at support line W pattern formed so it may raise

SharemarketRaja Updated 

1) Look for bearish signs at red zones to take short positions 2) Paid reports giving Buy signals by showing quarterly results to accumulate it for the medium term but technical analysis shows a downtrend 3) I think to provide an exit route to big players by making retail trader bullish

SharemarketRaja

1) Becoz, FinMin Speech market may go up (double confirming this in the chart with bullish divergence formation) but 11000 has a strong resistance(indicated by option chain analysis and this is a big psychological number as well) 2) In the past market is in a sideways zone between 10950 to 10600 range 3) before the market changes its direction Up or further...

SharemarketRaja

Due FinMin Speech there will be short temporary Bullish movement can be seen in the market, around 11000 has strong resistance so it may again come down to test 10600-10650 level before changing the trend

SharemarketRaja

REFFER chart gap filling strategy

SharemarketRaja

look bearish signs at red zones

SharemarketRaja

When ever market falls definitely complete the triangle format to complete its cycle

SharemarketRaja

probability mostly to move down with up move

SharemarketRaja

look for strong bearish signals

SharemarketRaja

wait for breakout price outside triangle more probability to break down side look for bearish signs at red zone

SharemarketRaja

Refer Chart dont take position until it breaks triangle