TradersVenue

TradersVenue Mar 4

After breaking the major trendline that connects the covid lows on 6th Jan weekly candle, it retested the polarity zone of 49800 and correcting again. Market correction cant end without a major correction in banking and financial stocks. Below 47800 we are heading towards 46000/44580/42000. As long term price structure is broken correction can be prolonged and...

TradersVenue Updated  Feb 20

🔴Momentum indicators are very bearish (Support at 22780) 🔴Till we dont close above 23000 (DCB) decisively, bearish 🔴Below 22780 Nifty may test 22497/22321/22145

TradersVenue Nov 27, 2024

🟢#SSE composite may grow at least up to 5178 from here. Monthly RSI crossed 55 after few years. Look at the volume (highest ever) 1.33 trillion. Combining last 2 months 2.66T. There is no direct investment option from here. But this looks safest investment for next 2-3 years

TradersVenue Nov 27, 2024

🟢HangSeng is getting ready to march towards 24870. 🟢ADX > 25. RSI also bullish. Trying to get out of base.

TradersVenue Updated  Jul 4, 2024

🔴Nifty divergence from 50 WMA is 12%. Too good to believe. 🔴History tells 12-15% divergence has lead to 8-15% correction. 🔴RSI(Q)=80.2, RSI(M)=79.5, RSI(2W)=78.7. ADX(W) cooling off. 🔴Its high time for Nifty to come back to 50 WMA for little rest. 🔴May remain bullish/sideways till budget & result season ends. 🔴Very important to hedge the portfolio with puts basis BETA.

TradersVenue Updated  Jul 2, 2024

🟢Its trading near 1Y median. RSI(W/M/D) is looking promising. 🟢1W charts indicate capitulation and trend reversal near 220. 🟢Momentum invest trend follower given buy signal in 1W chart. 🟢322/332 are 2 major necklines beyond which it can move high. 🟢Invested in #AKSHARCHEM @323. Will add more @282/258 SL=240.

TradersVenue Updated  Jul 2, 2024

🟢Its trading near 6M median. RSI(W/M/D) is looking promising. 🟢1W charts indicate capitulation and trend reversal near 104. 🟢Momentum invest trend follower given buy signal in 1W chart. 🟢Invested in #DELTACORP @133. Will add more @118/110 SL=104. 🟢135/154 are 2 major necklines beyond which it can move high.

TradersVenue Updated  Jul 2, 2024

🟢Its trading near 1Y high. RSI(W/2W/M/D) is looking promising. 🟢1W charts indicate capitulation and trend reversal near 565. 🟢Momentum invest trend follower given buy signal in 1W chart. 🟢Invested in #THYROCARE @650. Will add more @615/581 SL=556.

TradersVenue Updated  Jul 2, 2024

🟢Its trading 2Y median price. RSI(W/M/D) is looking promising. 🟢1W charts indicate capitulation and trend reversal near 1162. 🟢Momentum invest trend follower given buy signal in 1W chart. 🟢Invested in #METROPOLIS @2047. Will add more @1910/1826 SL=1691

TradersVenue Updated  Jul 2, 2024

🟢Its trading 2Y median price. RSI(W/M/D) is looking promising. 🟢1W charts indicate capitulation and trend reversal near 1162. 🟢Momentum invest trend follower given buy signal in 1W chart. 🟢Invested in #FAIRCHEMOR @1404. Will add more @1314/1260 SL=1170

TradersVenue Jul 2, 2024

🟢Its trading 2Y median price. RSI(W/M/D) is looking promising. 🟢1W charts indicate capitulation and trend reversal near 1162. 🟢Momentum invest trend follower given buy signal in 1W chart. 🟢Invested in #FAIRCHEMOR @1404. Will add more @1314/1260 SL=1170

TradersVenue Jul 2, 2024

🟢Its trading below IPO price. RSI(W/M/D) is looking promising. 🟢1W charts indicate capitulation and trend reversal near 104. 🟢Momentum invest trend follower given buy signal in 1W chart. 🟢Invested in #UFO @135.81. Will add more @120/112 SL=104(M)

TradersVenue Updated  Jul 2, 2024

🟢Its trading near IPO price. RSI(W/M/D) is looking promising. 🟢1W charts indicate capitulation and trend reversal near 51. 🟢Momentum invest trend follower given buy signal in 1W chart. 🟢Invested in #ASIANTILES @73.12. Will add more @62/56 SL=51

TradersVenue Updated  Jul 2, 2024

🟢Its trading near IPO price. RSI(W/M/D) is looking promising. 🟢1W charts indicate capitulation and trend reversal near 481. 🟢Momentum invest trend follower given buy signal in 1W chart. 🟢Invested in #HLEGLAS @511. Will add more @456/424 SL=400

TradersVenue Updated  Jul 2, 2024

🟢Its trading near IPO price. RSI(W/M/D) is looking promising. 🟢1W charts indicate capitulation and trend reversal near 534. 🟢Momentum invest trend follower given buy signal in W chart. 🟢Invest in CHEMPLASTS @546. Add on decline @465/430 SL=413(W)

TradersVenue Updated  Jun 24, 2024

🟢Its trading much below the ATH price. Monthly RSI crossed 55. 🟢2W charts indicate capitulation and trend reversal near 78. 🟢Momentum invest trend follower given buy signal in W chart. 🟢Invest in ZODIACLOTH @115. Add on decline @108/92 SL=78 MCB.

TradersVenue Updated  Jun 24, 2024

🟠Expect a short term top in Nifty if 23400 is taken out on HCB. 🟠Any short trades initiated if any must have a ATH SL = 23675. 🟠Trade only using spreads if any. Avoid volatility/option buying

TradersVenue Jun 21, 2024

🟢Its trading much below the ATH price. Monthly RSI crossed 55. 🟢2W charts indicate capitulation and trend reversal near 735. 🟢Momentum invest trend follower given buy signal in W chart. 🟢Invest in HPPSTMNDS @906. Add on decline @774 SL=700 MCB.