Stock_TechPro

Stock_TechPro

Take any kind of trade on confirmation either side.

Stock_TechPro Updated 

Our view on the Nifty 50 is undoubtedly clear that the Index might retrace upto the levels of 8590 in coming days, as we see that Nifty having broken its trading channel today and started to trade in bearish way. Around 8590 levels, the Bullish CIPHER Pattern will have to complete its formation and a fresh up move may be continue. All the measurement have been...

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Trade only on break of Flag & pull back in that area. Predict SL & Target yourself. Hit Like/share & follow for more educational contents through this superb Trading View platform ...............

Stock_TechPro Updated 

As per the price action movement in shorter time frame(5-M) of Index, it clearly shows that there may be recovery of almost 100 odd points required for any kind of further move from the lower levels. Stay cautious................

Stock_TechPro Updated 

ICICI Bank seems to be open with gap down in early trade on Monday and we hope that this stock must take a good support between the buying zones as shown on the chart. Traders can go long on the scrip with good risk to reward on positional basis.

Stock_TechPro Updated 

As the chart of Reliance Industries determined that the stock is near its Resistance structure and might reverse from these levels. The open minded traders must analyze the option chain of the stock and take the trade accordingly. The levels of structure are already shown in the charts.The stock can be shorted on bounces on preliminary market moves if found any....

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BAJAJ AUTO forming Bull flag near its one of the important levels, which confirms its forthcoming rally, traders can go go long once its breach the flag formation near 2475 levels for better risk to reward

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USDINR is forming a rising wedge formation which indicates a further decline in prices at any point of time. Traders may wait to complete the formation and take a short position accordingly. This would also be an important reason to shoot up the Nifty index higher further. Hence, its better to be long on indices and short on this currency pair after breaching the wedge.

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On looking chart of Index, it clearly indicates that Nifty is trading within the channel which exits on the lower side around 8820 levels and upper side upto 9300 levels. Traders make their positions according to the channel. Traders can take long positions in Nifty with small SL of 8800 for some good volatile move in the intraday.

Stock_TechPro Updated 

According to price action of the Index, it clearly shows breakout on these levels and seems to be preparing for next bigger upmove, if anyone having short in the index may be square off the position and wait for new levels like 9400 may be today.

Stock_TechPro Updated 

On 4 Hourly chart study, it seems that short time frame traders have been trapped by big sharks. It looks that Nifty is forming a double top formation around these levels and may reverse. Do not go long in Nifty if it does not closes above 8960 levels on closing basis as per price action of today's move. Like/share and comments if someone having any difficulty to...

Stock_TechPro Updated 

We have reiterated again that this guy will give some amazing returns in the forthcoming year. Traders and investors are advised to buy around 3450 levels, levels are big around 4370 levels.

Stock_TechPro Updated 

Escorts is the stock, where its clearly looking for a positive reversal from these levels as the stock has a sound support around 540 levels, traders are advised to go long for positional with sweet risk to reward with the SL below the current swings below.

Stock_TechPro Updated 

The chart of crude oil represents a perfect scenario for reversal trade, we may go long on pullback near 21.50 $ to 21.80 $ levels for decent risk to rewards up to 25 $ with stops below the recent swing lows 20.70 $ on positional basis. Indian traders can calculate their prices according to USDINR and current prices of USOIL whenever the markets open.

Stock_TechPro Updated 

Indian traders can short crude oil with small stop loss of 1900 for a target of 1850 for good risk to reward ratio.

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Crude oil shows symmetrical triangle pattern within the channel. Today's bounce is showing an oversold bounce, which may fissile out in the 2nd half of the day and look to be continued in the bearish pattern.

Stock_TechPro Updated 

The chart of Crude oil is showing great opportunity at this point of time to accumulate as the mighty crude is forming a double bottom formation and further there is a good trend line support at this level, Traders can accumulate here the position for short term bounce with strict SL of 43 levels.

Stock_TechPro Updated 

Indian traders can short crude oil near 3560 levels near the bearish flag's high point for better risk to reward with strict SL of 25 pips for the remaining day. Profit booking will be seen during second half of the day. Amazing Risk to reward ration around 1:4