Trading-With-A

Trading-With-A

This scenario gives an idea that DE 40 is in short direction.

Trading-With-A Updated 

SBIN long entry above 620 target 1: 428 target 2: 432 sl: 416 Sbin is on channel line support, we expect this to hold, as we have seen pin bar at our support. We can take entry now at 623, or wait for a small pullback till 620. Maintain strict sl, any break of this channel line will be a sharp fall in sbin.

Trading-With-A Updated 

SBIN short entry below 430 target 1: 424 target 2: 420 sl: 434 Sbin is already on short with pullback upto neckline at 430-431 on head and shoulder pattern. We see SBIN here to follow downward trend line from here.

Trading-With-A Updated 

SBIN short entry below 430 target 1: 424 target 2: 420 sl: 432 Sbin has broken below neckline of 430, we can take short entry from here for target of 424 and 420. We can take entry now at 429 or wait for pullback upto neckline at 430. There is previous Monthly high of 427.7 which will give some support. Below it we can see fast movement towards our targets.

Trading-With-A Updated 

icici long entry above 650 target 1: 653 target 2: 658 sl: 647 icici showed support at 640 zone, we see an up move from there, today we are seeing a pullback from 653.5 to low of 647. We can look for an up move after this pullback. Enter long above 650 with stop loss at 547.

Trading-With-A Updated 

icici long above 652.5 break above zone, more probability for long target 1: 654.4 target 2: 656.8 sl 650.5