I will buy Dhanuka at 50 EMA near the second support line. 680-700 is the dynamic support and will keep changing as the time elapses. SL will be below 650
I will short in marked zone with stop loss above 924 for target of 890. I may continue to trail position if it goes in my favour
i have bought mindtree at 1019 stop loss 995 target 1080
Let's see whether price can break 255 and close above it. the big bar range is still holding the price on a closing basis. Volume was too high at 230. I think people might have triggered stop loss at 230 and position has shifted from weak to strong hands on break of low of big bar candle. Let's see how things play out
KB is repeating the old story but this time supported by positive divergence on weekly RSI. Trendline breakout will confirm trend change. 145-150 is the near term resistance. Let's see what happens this time
Sell on rise at 2025-2030 stop loss of 2-3% and hold. Result has been delayed by RIL from 24th July to 30th July. I don't know the reason but suspect something fishy in the results. Shorts might be there in Reliance future which either people will roll over or square off on expiry. Let's see what happens. This bubble has to be burst at some point of time. The...
buy on 15 min candle close (with volume) above 50.40 stop loss 49.1 target 53-53.50
Hero looks weak as per recent price action. RSI negative divergence is also emerging. But I would like to see it closing below 21 DEMA and lower bottom both to take any short decision . First, I will buy at 2660-2660 with stop loss below 2597 for target 3060. If closes below 2600 then I will look for short opposunity
Nifty is looking to trade in a range of 11050 (11020) to 11350-11380 on the higher side. I will buy if Nifty gaps down around 11080 with SL below 11020. RSI is showing negative divergence but the way price retraced above EMA and centerline, it looks to move up.
BN range for tomorrow can be from 22600-23500. I think BN should move up first in the morning session. If it is able to hold the ground above 23000 then rally could extend. BN is looking a little bit tired on RSI. I still do not see short until it moves below 22600. I am not paying any attention to the opening big red candle of today. Once BN crosses above it,...
I have never applied technical analysis on VIX as it gives large wicks. VIX is showing positive divergence on RSI. 19 is the zone from where breakout had happened . So now it should act as support. Positive divergence suggest volatility can spike in short term. I will take confirmation of Vix bottom from Trend, RSI and EMA.
Sell below 2190 with sl above 2250 for the target of 2080-2070 .
Markings are done on chart. View will be negated if RIL crosses 1980.