About mePeople find me to be an upbeat, self-motivated team player with excellent communication skills. For the past several years I have been trading in the stock market and would like to share my trades with you. Plz leave your constructive criticism in commen
This is how the market traps retail traders. Most professional traders are looking for this kind of trap to get into a trade, again experience is a prominent requirement to spot this and save yourself from the same. Any sudden momentum looks way juicy and lurking to retail trades as it is profitable in real as well but most of them ended up losing money.
HDFC Bank has broken out from the consideration range which it has been stuck into since November 2020. Yesterday there was a huge breakout at the start of the second session wich pushed bank nifty to its high as well if this momentum continues (which my expectation for the upcoming few days) we can see bank nifty at an all-time high as well if not it can retest...
Maruti has been retracing from its harmonic levels of 1.13 if sustained above these levels there might be an up move again.
The best and safest level to buy is above 8200.00. SL must be below the previous immediate swing that is below 7240.0 levels.
Calculate your RR ratio and trade.
PS: I am expecting a halt at these levles.
The stock has given breakout from its monthly as well as weekly support levels. A possible retracement is underway, if this support level was held firm by this stock then there will be continuity in the uptrend.
The safest entry levels are above 5400.00 Levels and SL must be below the immediate swing low.
Wating current market sentiment Risky Trades can enter...
I am learning this new harmonic pattern and found it working perfectly for nifty analysis.
There are several PRZ zones that nifty have shown minor correction.
1) 0.886 - 11830.00
2) 1.132 - 12900.00
3) 1.272 - 13600.00
Now according to my analysis, it has stretched to higher levels. Slowly the pace of nifty is also falling indicating a pattern for a...
Strong possibility of the strong up move, GODREJCP has formed an inverted H&S pattern and trading above 200 EMA line.
After showing a strong rejection from upper levels there might be a possibility of buyers accumulation for 2-3 days given that positive momentum in nifty sustains and soon there will be a breakout soon.
LICHSGFIN is continuously facing support and resistance at lower as well as on higher levels. As market sentiment is positive it is if this breaks out it is going to touch a higher high soon. It seems from the chart that it is holding its higher levels as well. Wait for it to break upwards zone and then go for investing in it. Check for volume as well.
Reliance industries have just taken support on the daily as well as on hourly support levels forming a head and shoulder pattern in the bottom, this might be the beginning of an uptrend in daily as well as on hourly time frame in addition to that their is a beginning of positive sentiment in the market.
No trade is an assured trade calculate your RR ratio and...
Keep an eye on TVS motors. TVS MOTOR is expected to move upwards as market sentiment is positive as well as it has taken support on the daily timeframe support levels. If this support level breaks with good volume I will prefer too short. At this point in time, it has made a bullish engulfing candle at the end of the support levels there is a possibility that it...
DRREDDY is forming a triangular pattern in daily time frame keep aa eye on this stock as this stock can give breakout in the near future. BB is showing a shrinking in volume which denotes consolidation that will lead to breakout soon.
Apart from that in the hourly time frame, it is about to hit its support levels that, if it takes support on these levels it...
Keep an eye on SUNPHARMA it is on the verge of its breakout from a triangular pattern. There is a concert resistance at 526.90 levels. SUNPHARMA has retested these levels multiple times now and there is a good possibility that it is going to break these levels this time.
Reason to Buy:
1) Multiple retesting or concrete resistance levels.
2) Trading over 200 EMA...
Keep an eye on BHARTIARTL forming an official book like triangular pattern this might breakout soon in upcoming days.
Calculate your RR Ratio and then trade. Stoploss should be below the previous immediate swing.
Keep an eye on ADANIPORTS it has been in the range since June.
Expecting a breakout soon in upcoming days. Do take a note of a volume analysis as well.
Reason to Buy:
1) In a Range for a very long time.
2) Holding higher levels in Daily, Weekly as well as in hourly charts.
3) trading above 200 EMA line so stock is in Uptrend.
Calculate your RR Ratio and then...
Today will be a crucial day for Adani enterprise.
Reason to buy :
1) Formation of a parallel channel.
2) Holding higher levels.
3) Previous buying pressure can continue.
Calculate your RR ratio and then trade. The best buying level is above 314.85. Can retrace in future and then continue.
Keep an eye on Hindalco it has possibly broken out from the range. Trading in this range since august. Best entry level should be above 180.00 level and SL must be below previous immediate swing. Calculate your own RR ratio and then trade.
Keep an eye on century textile it has been trading into this zone since April now. Expecting it to leave this zone soon in near future.
Reason to buy:
1) Taking support on major support line
2) Taking support from the below trend line.
3) Negative market sentiment did not push this further down below.
According to market sentiment it can touch lower most...
Keep an eye on TVS Motor it was in parallel range since start of September. Expecting a breakout after a possible retracement. Buying level will be above 471.00.
Reason to buy:
1) Moving up with good volume since 3 days. If this momentum continues their will be a breakout soon. Bollinger bands showing good volume as well.
2) Above 200 MA line shows uptrend.
HCL Tech is holding higher levels (forming flag patterns) of the possible parallel channel. Expecting a breakout in near future.
As of now, market sentiment is downward to sideways trade after HCL crosses any of the given levels.
Expected buying or selling levels will be :
1) Buying pressure can be seen above 850.00 Levels.
2) Steep selling pressure can be seen...