Wavozen

Wavozen Updated 

Reason for short a) bearish bat formation b) Open interest (OI) indicating strong resistance at 18000 for this week. Hence it may be a good idea to short the ce at 18000 at 10 to 20 premium levels or to short 18000 of next week expiry at 40 to 57 premium levels. Any gap up may be rise on sell market. c) support at 17527 levels forms the support

Wavozen Updated 

Reason for long a) Gartley harmonic pattern b) vwap support at 115 c)fibo level support Sl compulsory If Sl hit.. next level of support at 86...

Wavozen Updated 

Reason for long a) Bamm set up b) Volume spurt c) RSI above 57.1

Wavozen Updated 

Reason for short a) vwap resistance, there are several vwap for resistance. 17300 is good short at 17 to 20, if get b) 16800 is support, if it breaks, then 16500 is next support. possible expiry may be at 17200 or 17000 or 16800

Wavozen Updated 

Reason for long a) Near all time high breakout b) price and volume spurt

Wavozen Updated 

Reason for long a) bat action magnetic move set up b) volume burst possibility

Wavozen Updated 

Reason for long a) Bat action magnetic move set up b) volume spurt possibility

Wavozen Updated 

Reason for long a) Bullish Gartley set up b) Major challenge is major sectors are down and volume bar is also showing negative. Chance of failure of this set up is high. So low qty induces the no emotions to cut the loss at SL.

Wavozen

Reason for long a) channel breakout and in pull back phase b) volume spurt c) bear candles looks weak d) vwap support on both sides.

Wavozen Updated 

Reason for short a) Heavy OI build up at 17000 ce b) Any upside break towards 17000 induces to short ce at 17400 at 30 premium with SL of 30 pts or 5 pts premium ce strike long. c)15 min channel breakout and aim hit 16993 point

Wavozen

Reason for short a) vwap breakdown play b) good idea to short monthly ce at 17500 to 1800 with hedge. 17500 ce 20 to 25 is good to short with SL or hedge of 28 apl series.

Wavozen

Reason for long a) vwap support for long b) any gap down is a buy opportunity c) volume spurt across the double bottom for long risk only 0.5% on total capital. Risk is not the capital deployed on particular stock. Risk is entry to SL is to be 0.5% of total capital.

Wavozen Updated 

Reason for long a) vWAP support play b) Pin bar just rejected from vwap Hence long c) TCS results may push towards upside or down side Hence SL compulsory

Wavozen

Reason for long a) wait for price reversal pin bar for long at support b) Wait for support to touch the price.

Wavozen Updated 

Reason for short side a) price is below the previous week low and near the monthly low at 17358 (Spot). b) Hence possibility to touch the monthly low to form a false low or double bottom at 17350 level c) Moreover, daily 20 ema as to touch the price before it reverse from this level.

Wavozen

Reason for long a) channel play and price within the channel for several weeks b) volume accumulation zone c) possibility of formation an alternative to SBI bank. Hence more volume may pick-in in future. This is purely my assumption based on current indian economy.

Wavozen

Reason for long a) weekly consolidation breakout play b) Monthly Bamm Play in gross c) positive volume during consolidation formation.

Wavozen

Reason for long a) Long possibility has high probability, if today high closes in green or in today bars as pin bar. b) Support formed to bounce from this level to achieve 17900 levels.