Trade_with_Raghu

Trade_with_Raghu

buy on close above 231. sl 210. target 276/309 Risk trade as company's operating profits are -ve, but is showing profits from other income. cash flows are -ve from business activity, but is compensated by investment income, stock is coming out of multiyear consolidation and is breaking above the consolidation band. for 1st time in almost 2 years price has closed...

Trade_with_Raghu

market likely to open flatish. the index had taken a fall from 200 MA on 5 min time frame. also the both call and put volume OI is highest @ 19400, with price closing around 19300, indicates that market correction is not yet over. As per fib extension, the support levels could be 19184 and 19082. days likely range is 19069-19511 my idea to trade would be sell...

Trade_with_Raghu

Huge increase in 19400 Put and 19500 call. markets are likely to open gap up . FII and retail are long on options and HNIs are short. markets likely to stay up during first half and during 2nd half we could see corrections before expiry. likely to open around 19420-440. idea will be to buy above 19460 for target upto 19500. and go short below 19360. if taking...

Trade_with_Raghu

Nifty likely to open Gapup about 19240 . the daily range could be 19125-19375. buy above 19260 is market moves straight up on opening. else wait for retest/ take support/ break 19220-19260 and take trade as per trend this is my premarket journal and not an invite to trade. I am not SEBI registered. please do your own due diligence before investing/trading

Trade_with_Raghu

Having touched ATH of 19011, nifty has retraced and closed @18972. from the last low of 16828 in mar 23, the market has rebounded to reach 19011 in 3 distinct waves, each raising approximately 980 points (A-B -C). going by that, the target was 19013 (also being the 1.618 levels if the last raise), a retracement of levels is expected 18750 levels. (D wave). as per...

Trade_with_Raghu

if nifty manages to close above 18750 tomorrow, then it will rebound and break ATH. week expiry above 19020 is a possibility. however, a sustained break below 18650 could see a fall till 18450 and then till 18200. keeping fingers crossed. levels for 27/06/2023 18765- 18600 long above 18725 short below 18650 I am not sebi registered and these are my outlook....

Trade_with_Raghu

Nifty is expected to open flat and it is at a support zone. the expected trading range for the day is 18500-18800 between 18600-700, market is indecisive. market will continue its bullish streak above 18700 and regaining ATH is possible within the trading week. below 18600, we could see further correction up to 18320 by the weekend. I am looking at either nifty...

Trade_with_Raghu

The stock is forming H & S formation on weekly time frame. if the channel is broken, the fall could be at least till 136 and then 111. on daily time frame, both RSI & MACD is showing negative divergence. I am bearish on this stock. note: i am not SEBI registered and this is my outlook. this is not an invite to trade. please do your due diligence before investing

Trade_with_Raghu Updated 

Adding suryoday to my watch list buy above 135 sl @130. target 158/172

Trade_with_Raghu

Bata India Has given round bottom pattern and has broken out. CMP is 1581 My plan will be to buy above 1606 for 1661 and then 1741. Sl will be @ 1552. This is my out look and is not an invite to trade. Added to watchlist please use your own experience and logic before entering the trade

Trade_with_Raghu

Nifty is on correction path on a uptrend for the last 2 trading sessions. from the last low of 16828 in march 23, the 1st phase of rally was till 17842 ( rally of about 1000 points) we saw a pull back there after till 17553 (about 300 points). if we plot fib retracement then this form about the 0.618 level of the rally. the next phase of rally was from 17553 to...

Trade_with_Raghu

The stock is at a zone from which it has got multiple rejections in past. if the stock gives closure above 3910 on daily time frame, buy with sl at 3825 for targets 4085/4310. closure above 3910 can be considered as range break out. wait for retest to enter. R/R seems favourable Added to my watchlist

Trade_with_Raghu

Although nifty gave a sharp down turn on closing hours yesterday, but managed to close above 18390 levels , which should act as support. the Global cues are +ve . Hence a gap up opening bear yesterdays high is expected and 18450 should be a resistance level. If nifty managed to break 18450 on 15 min candle, then it could reach 18556. 18550-56 is critical levels...

Trade_with_Raghu

Gail is at resistance levels from which it has taken multiple rejections and is again approaching the level of 112 with volume increase. it is also creating a cup and handle pattern at these levels and can also be considered a range break out above 113. if results are good (result date 18/5/23) and stock manages to close above 114, then target will be 123 and...

Trade_with_Raghu

Expecting a gap down opening. 18250 could be the 1st support zone. if getting a bounce at 18250 level, go long with sl of 18245 for targets of 18300/341/400/442 if break down below 18250 of gapdown below 18250, wat for retest at 18250 before taking put side trade for targets of 18200/168/100/18069. This is my pre market analysis dairy and not a recommendation to trade

Trade_with_Raghu

Ema in bullish cross over. broken trend line resistance with volume. buy above horizontal resistance level. R/R looks fav 1:3. Adding to my watch list. Note. This is my journal and not trading recommendation to any one.

Trade_with_Raghu

This is my premarket journal for 3/5/23 Nifty had a gap up opening as expected but then moved sideways and did not fall as expected today. For tomorrow (3/5/23), all global cues/indices are in -ve. If fed hikes rate, we will see a gap down opening around 18075-18090 and range is expected to be 18150 on upper side and 18000 on lower side for Wednesday If rate...

Trade_with_Raghu Updated 

My pre market journal for bank nifty on 2/5/23. bank nifty might see opening near 43500 levels. expected range 43500-43000. ideal scenerio will be short around 43500 with sl 43530 for targets of 43400/43300/43200 long above 43550 with sl 43500 for target of 43600/43700/43800