this is the only chart ill post for may.... if RED TL hold then 9549 if not then 9092.... no other trades this expiry.....
1. AFTER a long time signals are very clear ....i mean its a bit easy to trade(dont forget market is supreme ) 2. Red band is acting as a support and nifty is respecting it ...ie 9060 - 9080 levels 3. black band is the resistance...nifty is respcting that also .. 9180-9200 4. the red line 8995 is the sort of long term support....if tht breaks then targets are 8860...
DIVERGENCE ON hourly charts... target - 170 sl - 186
well nifty moved perfectly as shown in the charts.... today all turned bullish n talks like MAINE BOLA THAAA... what now... i feel nifty has done its bit for the expiry n feel that it could go to 9170(spot) n below now.... momentum is up n the basic rule is that one shouldnt go against the trend( but is the trend positive as it seems )...divergence also seen with...
wel this is the chart of nifty 30 min.... 1. trading below 200 ema. 2. rsi below 29.. 3.sentiments also weak... but y i hv a contra view... 1. 9200 ce chart at support of 3 mnth... 2. 9100 pe has given a breakout but has huge resistance at 80 odd levels.. 3. nifty hopefully might take support at the red band ... 4. evn may charts r at support.. so wait for nifty...
well the picture isnt very clear..but then the if the end is well picture is a hit... SBIN 1. TRADING above imp EMAs of 50 & 200.. which act as good support .. 2. higher lows is a positive sign according to dow theory.. 3.last candle is a pin bar...saying tht buyers sentiments improved in the last hr n tht too when the market was not doing well... 4. huge...
nifty 30 min chart : 1. RSI divergence... 2. at resistance ...denoted by black TL... 3. option charts - 9300 CE not able to cross 60 today... 9300 PE ddnt break 90...and at multiple support there... 4. i feel sell off should strt from tomorrow..... rest market is supreme... Disclaimer: biased view as having posns & its for self....
DAILY CHART of SBI is anticipating a break out above 280 .... market is in a bull mode so targets projections r big !! if the nifty has to go beyond 9000 then all the big guns RIL , banks have to outperform!! sbi leads the bank as its more about sentiments sometimes !! buy above 280 sl - 270 targets can b 340 (would be achieved in phases )
For long traders : 1. buy at 910-920 for 1080 2.buy above 1100 for 1302 for short traders : 1.short at 1060 for 930 2.short 1320 for 1080 disclaimer : this strategy is for self only for the yr 2017. shall be trading very less this year & only trade in the dirn of trend & in the dirn of EMA 34,50....
century gave a long term breakout ...- follow the black line .... its now on the verge of a new territory ,...can be a multibagger sorts ....can just fly once red line is crossed ...keep an eye .... but til then have patience ...wait for the red band for buying if u geta chance for that ... disclaimer : only for self tutorial ...
black TL is acting as a maj support... yellow line is a maj resistance... red TL is a hurdle ! trading below 34,50 ema...RSI at 40 levels(considered +ve) CE 20500 approaching a maj resitance at 440 levels.. PE 20500 is at maj support of 315 ... now what to do : when things are not clear option is to wait for monday cues... one more option: sell the 20500...
march set up ! 1. blue line is the long term TL which nifty broke so it should act as a maj support ! 2. trading above 34 EMA ,50 ema . 3.trading at the bottom of the small channel(green) 4. 8000 PE has given a breakout on 30 min chart and the next resistance should be 98 & 116 .. 5. 9000 CE next support is at 90 levels.. how to trade this mar 1. if blue TL...
RELIANCE is geeting into a beautiful setup....did check the daily ,30 min chart before homing on to this weekly !! well setup looks good ..above the imp EMA... what should one do !! keep watching reliance now !! its satisfying max theory of dow now ! i will buy once its beyond 1139,,till then ill keep selling the 1020/1040 PE....once crossover 1139 happens then...
exact charts like the bank nifty .... price about to explode .... lets c how the the market reacts...many are sceptical as to whether the nifty would shoot or as a common consensus show massive profit booking.... just looking at the charts it says tht its about to explode on the positv side ....
the red band will act as a huge huge support.... buy at present rates for target till the black TL... if close above black TL then 67.289 is the target ....
self explanatory !!! should try for good breakout !! bias view as holding 20400 CE @40...target - 200+ lets c what can happen in 2 days !!