TradersVenue

TradersVenue Updated 

🔴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 

🟢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 

🟢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 

🟢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 

🟢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 

🟢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

🟢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

🟢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 

🟢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 

🟢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 

🟢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 

🟢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 

🟠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

🟢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.

TradersVenue

🟢Its trading much below the ATH price. Monthly RSI crossed 60. 🟢2W charts indicate capitulation and trend reversal near 196. 🟢Momentum invest trend follower given buy signal in W chart. 🟢Invest in BAJAJCON @272. Add on decline @250/220 SL=197 MCB.

TradersVenue

🟢Its trading much below the ATH price. Monthly RSI crossed 60. 🟢2W charts indicate capitulation and trend reversal near 196. 🟢Momentum invest trend follower given buy signal in W chart. 🟢Invest in BAJAJCON @272. Add on decline @250/220 SL=197 MCB.

TradersVenue Updated 

🟢Its trading much below the IPO price. Weekly RSI crossed 60. 🟢2W charts indicate capitulation and trend reversal near 250. 🟢Momentum invest trend follower given buy signal in W chart. 🟢Invest in FINOPB @370. Add on decline @325/265 SL=249 MCB.

TradersVenue Updated 

🟢Its trading much below the ATH price. Weekly RSI crossed 60. 🟢1M chart indicate capitulation and trend reversal near 1000. 🟢Momentum invest trend follower given buy signal in W chart. 🟢Invest in LUXIND @1530. Add on decline @1250 SL=1050 MCB.