SHORT CMP 104.4 TARGET 102.10 SL 106.20 REWARD:RISK = 1.4
WEEKEND SPECIAL: NUMBERS TO KNOW BEFORE THE OPENING BELL TOMORROW 24/12/2018 At 7.10 PM IST, 23rd DEC 2018, GLOBAL MARKETS UPDATE NORTH AMERICA Dow Jones Industrial (USA) 22,445.37|−414.23 (1.81%)| Dow Jones Transportation (USA) 8,874.79|−155.15 (1.72%)| Dow Jones Utility (USA) 722.38 |−7.04 (0.97%)| NASDAQ100 (USA) 6,046.56|−196.64...
It is important to understand that primary trends of stocks, bonds, and commodities are determined by the attitude of investors during unfolding of events in the business cycle. An understanding of the interrelationship of credit, equity, and commodity markets provides a useful framework for identifying major reversals in each. MARKET MOVEMENTS AND BUSINESS...
Short Vedanta. LEVELS MENTIONED ON THE CHART. - ANIMESH VASHISHT
I should never try drawing again for sure. :D Anyway, lets get down to this weekend's educational article. - ALL ABOUT INDIAN MARKETS INDICES. Something i feel every market participant, new or experienced, must know about. READ: tradersworld.co.in
BUY PC JEWELLER ABOVE 85 TARGET 97, 110, 136 SL 71.5 A disciplined trader should avoid such scripts on regular basis but kabhi kabhi spinner ke sath bhi crease se bahar ana padta hai. :) Some points: 1. OBV and PRICE Bullish divergence 2. Healthy candles 3. An upmove followed by a retracement 4. Has started to move up again (Latest candle) 5. Oversold
CMP 16 Buy range 15.8-16.1 SL 15.55 TARGET 16.75
Prefer to Buy to any dip around 206 (Upto you to wait for the dip or enter now, I would wait) Target 230 SL 189 1. Bollinger bands bullish expansion with OBV confirmation 2. Last month HDFC mutual fund bought 10.60 Lac shares at avg price of 184 3. Currently in new highs territory
BUY BETWEEN 66-68 TARGET 74, 79 STOP LOSS 62 Animesh Vashisht
ENTER SHORTS ONLY BELOW 146.4 (Previous day close) FOR DOWNSIDE TARGET 143.6 STOP LOSS 148.4
SHORT VEDANTA Ltd CMP 193.25 TARGET 162.25 SL 216.25 Animesh Vashisht
CMP 100 TARGET 110 SL 93.5 Animesh Vashisht
If given opportunity by the market to execute trade tomorrow, One can short for target of 26035 and Stop loss 26865 . (If market allows to enter but not at current level, then trader is free to improvise, for an idea the stop loss can be taken down to latest minor swing high at 26700 in case entry is significantly lower than recommended range) A small report...
Volatility is back in the markets after a while and does not look like it will cool off anytime soon. Another series of spikes is expected which can take INDIA VIX to 25. Weekly chart of the volatility index shows the range between 16-25 for coming months. High VIX = Inflated premiums on option contracts. For beginners , India VIX is a volatility index...
Before the article, i would like to mention something. I made the account on tradingview 2 years ago. But its the last 6 months that i have completely fell in love with this platform. Apart from tools, no other platform gives opportunity to connect with a community of traders like this. I like to call this 'Facebook for traders.' I have been spreading the word...
LINK : tradersworld.co.in