well it has been my fav stock ...my first multibagger .... 1. trading below the 34,50 ema . 2. trading at the lower end of the TL. my take : 1. buy only at 520 levels . if u think it wont go thr then 609 levels with strict Sl - 590.. 2. good buy above 750 only ... 3. best buy above 990 -1030 levels for 1500 levels sell side : 1. if goes below the black line then...
nifty has been trading in the marked channel from a few yrs now .... buy above 8930-8950 for 9230 ( go for next month expiry ) if breaks above 9230 then will attempt 9800 (obviously not in one go ) so safe and mentally relax trade would be 1. buy above 8930 2.if u find u red candle at 8900 close then short with strict SL..will make a sort of triple top....
PL REFER PREVIOUS NIFTY CHART FOR VIEWS !! STRONGLY BULLISH NOW !!
self explanatory !! buy at red zones and sell at black zones !! been following this trend for years now !!
Exide is trading above its 34, 50 EMA . the blue band has been a zone of resistance for 5 years now !! exide presently is trading above the blue band and if one closely sees has been consolidating at 190 odd levels for a few weeks now ! it did try n break the red TL but coudnt ! its now again approaching the red line ! keep and eye on the stock ! one can start...
well wont say much but i suppose the bank nifty is at extremely lucaritve location..... if it breaks from the red line then the breakout could be huge !! wait the watch !! i m positive and expect a breakout next week but as always market are supreme !! 20433 is the breakout level !! if crosees beyond it on monday buy !1
nifty is respecting the TL very nicely !! its so much euphoria about wht would be the next halt !! it has risen so much so traders are afraid that profit booking can come anytime !! though a breakout from a rising channel may many times be a fake out but my take is that nifty would surely touch the upper TL...move therafter would depend upon good news like...
Sail is trading at the upper edge of the ascending triangle ! though the momentum is up but past price action has seen it consolidating in the 60-65 band before making n upward/downward journey ! i anticipate a trading range of 56- 65 for feb expiry ! since the price has moved up significantly n the 65 n upward offers huge resistance one sell the 65/67.5 CE feb !...
ITC has been giving a trade from 230 - 250 levels quite regularly now ! weekly charts now approaching the upper band of resistance ! my take is that it would breach the 260-64 levels this time and trade in a new territory ( targets are open) budget holds the key to success ! till some clarity is on one can sell the feb 250 PE with strict SL ... if the...
cipla is witnessing huge chances of a breakout ....if it crosses the red band with volumes 611, 617,640 in very short term !! look out for break of 587...
trading range for asian paints should be 950- 1000 for feb expiry ! one can short the 1000 CE/1020 and also short the 940/920 PE at present rates ! its a coool 3-5 % earning for the month ! disclaimer : only for educational purposes !!
One can sell the nifty feb 8800/8900 CE SL - close beyond 9000 spot(though its diffciult ) one can also wait for the 9000CE to reach around 40/50 if the nifty shows an upward march ! good R:R only for educational purposes
the 30 min chart reveals lot of support for the script in the band 350-360......huge resistance at 380 + area ...one can safely short the 380 CE n 350 PE...
LIC has been giving a good trading opportunity from a few months ! buy at 500-510 and sell at 550 oddd levels !! this trading set up is again about to validate !1 keep a watch at 510-520 levels an and buy it ! SL - just below 498 on closing basis ! one can also think of selling the 500/510/490 PE feb also !! : only for educational purpose and not an advise !!
nifty has given a breakout on 30 min and hourly charts !! nifty in daily charts is at resistance zone with RSI also near its resistance ...it has been trading below it since nov 16. option charts - though has given a good breakout but 8400 CE is approaching resistance level at 100 odd levels which was it high on 13 jan around 0930 h.. my take : only for...
self explanatory ! do wait for the support to break !! SL - 809 TARGET - 780
my views ! buy only at 13 odd levels ( and then c how it reaches the 32-35 band ) lot of resistances or buy only beyond 32-35 levels ( it can be a multibagger thereafter ) : only for knowledge purpose disclaimer : invested at very low levels ( was getting it cheap and the mgt is good )
pl check my previous chart on tvs and corelate ! had given a agressive sell at 390 levels can hold support at 373-75 levels ! update on monday !!