BN gave bullish breakout when it closed abv 41830. Few of the positional traders might have kept SL at 40800. Few of the traders (bankbees or future or index fund) might be holding with sl of 37380. I expect that SL to get hit. Those who had thought of squaring off position on close below 40800 but didn't square off, may use rise towards 40800 as an opportunity...
Rise towards 1863-1872 should attract supply for final downside of 1780. 1885 on hourly closing basis will be SL.
Buy on close abv 150 SL 138 . Target 1 -172 Target 2-185. Dsic : It's not an investment advise to buy or sell. do your research.
buy at cmp 6370 stop loss 6088 target 3 times of risk. Disc : It's not an investment advise to buy or sell
bought genus power at 92 SL 87. Will exit also if 5 SMA start trending down. Disc : it's not an investment advise to buy or sell
buy basf at cmp 2407 sl 2240 target 3 times of risk . Disc : It's not an investment advise to buy or sell
US fed rare hike cycle is near about to end in next 6-9 months or it has already reached to the peak. Reversal in inversion from above 0% level had given signals of stoppages of rate hike cycle in last 3 incidents. 1-2 more hike may come but that's end of upmove in interest rate. Time to lock 10 year bond yield. Disc : It's not an investment advise to buy or sell
Index has broken trendline support. RSI negative divergence resulted in correction. RSI has broken recent low. Price has yet to confirm . Trend is still bearish. Bottom fishing should be avoided. Index can touch 25000. Minor pull back towards 29200-29500 can happen. Trend change will take place only on close abv 30500. Disc : It's not an investment advise to buy or sell/
buy abv 376 sl 361.9 target 3 times of risk. Disc : It's not an investment advise to buy or sell
Slope of the trend has changed. I was expecting price to show behavior like last time when it closed below TrendBend and then moved up to trap buyers. TrendBend is now acting as dynamic resistance. Will it break 16700 this time ? Disc : It's not an investment advise to buy or sell
41800-41900 has been strong demand and supply zone. Those who have loaded BN on breakout above 41830 should look to exit position when price closes below 200 SMA or they might have got exited when it closed below 41800 (rare possibility). Price should break the recent horizontal support and move below 200 SMA on closing basis to take out SL any positional buyers ,...
Buy abv 120.50 sl 115 target 3 times of risk. Disc : It's not an investment advise to buy or sell.
Buy abv 151.50 sL 134 target 3 times of Risk. Disc : It's not an investment advise to buy or sell
buy at cmp SL 184 target 3 times of risk. Disc : it's not an investment advise to buy or sell.
buy abv 289.50 sl 272.20 target 2 times of risk. Disc : It's not an invesment advise. Pls do your research.
buy gm brew at cmp 558 stop loss 540 target 3 times of risk. Disc : it's not an investment advise to buy or sell
buy kernex at cmo 285 sl 262 target 3 times of risk. Disc : it's not an investment advise to buy or sell
BUY OAL at cmp 364 stop loss 348 target 3 times of risk. Disc : It's not an investment adivse to buy or sell