IRCTC looks good to buy above 680 in Weekly time frame. Targets will be 712 and 738. Should consolidate near 650 to 680 range and then give breakout then good move will come. RSI too looks good. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you...
Short Lupin below 1064, Target 1043 - 1045. Reason for trade Divergence in RSI and RSI is looking weak. On Weekly timeframe shooting star has formed at top of the trend. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use...
Short looks good to short below 771. Reason for trade Proper M Pattern formed on Daily chart. Also RSI is week. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use full please like and share and follow Thank you for reading my idea
Short MuthootFin Below 1346, SL of 6 - 8 points for Target of 1330. Reason for trade RSI Divergence, Weekly TF candle is shooting star. Avoid trade if opens big gap up Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use...
Short NTPC Below 213. If you see the price taking rejection near 214 level line as shown in the chart then can enter in trade with SL of 214 and target of 210.5(near 20 EMA on Daily TF). Reason for trade, RSI is week. Stock price has broken down the consolidation zone and trading at days low. Weekly candle is big inside candle with no signs of buyers from lower...
Axis Bank looks weak below 947 can see price of 939 and 927 if trades below 947. RSI also looks weak. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use full please like and share and follow Thank you for reading my idea
HDFC AMC looks good for Positional Trade. W pattern breakout given on Monthly chart. Also RSI is showing strength, can be a good buy on Dips. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use full please like and share and...
Short Havells India below 1274, Target 1249. Reason for trade, lot of selling is seen in previous 5 candles, price has consolidated and if price starts trading below 1274 then it will try to touch the next swing low. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before...
Dalmiabharat Short below 2153. Targets will be 2115. Reason for trade, RSI is weak, Price has consolidated, latest candle body is covering the previous high volume green candle, Also trendline is getting break. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking...
Short Ambuja Cement below 425, Target 405 SL 443. Reason for trade, Trendline is broken, Price trading below 20 EMA which is sloping downward RSI is also weak and nearest psychological level is 400. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If...
Godrej Properties Short below 1564, SL 1574. Targets will be 1544. Reason for trade, M pattern at the top, latest candle is Inside candle, also previous candle is indescisive candle. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea...
XAUUSD looks good to buy on retest zone. Reason for trade, W pattern formed at bottom of trend Lower high is also broken this confirms trend change on smaller timeframe. Trendline is broken and RSI is also strong.
Buy Infosys above 1339 Target 1364,1383 SL 1300. Reason for trade, RSI is strong, latest candle has closed above the high volume selling candle of 23 May. Also price is trading in Gap so it will try to fill the gap. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before...
Biocon looks good for buying for short term. Targets will be 300 and 335. Reason for trade, 23 May candle was high selling volume candle, price has closed above this candle high with good volume and price movement. This can give thrust to price movement. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please...
Buy HCLTech above 1157, Target 1189 - 1200 and SL of 1133, Short term trade. Reason for trade, Price has taken rejection 5 times from supply zone (see the chart supply zone - 1148 to 1156). Once breakout above supply zone, we can see target of 1189. Please Note I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult...
Buy Bharat Forge above 1819, Target 826, 845. Reason for trade, stock took support on 50% pullback and reversed, also price took support on 20 EMA. Selling volume decreased and Buying volume increased. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If...
Ipca Lab buy above 746, Target 761, 767, 781. If opens big gap down then ignore the trade. Reason for trade Good buying volumes, Outside reversal candle has formed Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use full please...
Buy Muthoot Finance above 1240, Target 1277. Reason for trade, good buying volumes, Stock is in good uptrend, have halted and is ready to move again. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use full please like and...