Yogi_mj

Yogi_mj Updated 

Breakout and retest Done in ICICI pruli traders can go for swing trading or can buy 620CE for Good profit

Yogi_mj

Falling wedge is being formed in wipro. Traders can buy call After the breakout

Yogi_mj

Rising wedge is formed in Nifty Bank and RSI is also indicating Heavy divergence High risk takers can buy Jan 13 expiry Put and Low risk takers can go for Jan 20 expiry put for an expected fall of about 900 points

Yogi_mj

Nifty is trading near Resistance and RSI is showing divergence. Perfect setup for buying Put or shorting Nifty.

Yogi_mj

Nifty auto is showing divergence and Fall has started. Exit all the long positions

Yogi_mj

Metal stocks index is showing divergence in overbought zone and the fall is also started. exit long positions and move to private banks

Yogi_mj

Nifty pvt bank is showing strong convergence in oversold zone. Exit your short positions and take long positions

Yogi_mj

Nifty is moving in a downward parallel channel. it may close at 17250 on Dec 31. Buying on Dips would seems good for this month

Yogi_mj

BTC is trading near the trendline support and Available at almost 30% discount from it's all time high. Fall may continue till 39000 USDT Long term investors can start accumulating small quantities right away. swing traders my start buying once the rising starts

Yogi_mj

Banknifty May trade inside this rectangle(35600 to 36300) for next few sessions. Avoid taking long positions and Go for Sell on rise or Buy PE on touching 36300 level. If breaks downside expect fall upto 34000 and if breaks upside resistance and trendline then expect New all time highs

Yogi_mj

Banknifty has a very good support at 35738 and it is expected to bounce back and touch the Trendline resistance 36773 ( 1000+ points) Traders can buy a BNF Future at 35738 or can Buy a 35800 CE at support

Yogi_mj

Nifty Fib levels indicate that It should come down to at least 15980 levels before starting a fresh uptrend

Yogi_mj

Trendline Resistance, Fib level 0.786 RSI crossing below 50. All are indicating a Bearish Movement for today

Yogi_mj

RSI convergence in Gold hinting at a Strong Bullish trend over Next few trading sessions. I trade convergence only if both Lower points of RSI are in oversold zone

Yogi_mj Updated 

Hi everyone. I usually trade with the trend but for the first time I'm Shorting in an uptrend To experience the Rising wedge pattern. I have taken a risk reward ratio of almost 10 so even if it hits SL no regrets. BTW SL is just above the previous swing high and Target is previous Support 2.

Yogi_mj

CYIENT is in uptrend for a long time now and it's showing a very big divergence with RSI. Start reducing your holdings and exit when RSI falls below 50.

Yogi_mj

Nifty has formed a Head and shoulders pattern in Daily timeframe. If it breaks the neck line then a fall can be expected up-to 16600

Yogi_mj

Banknifty is falling but RSI is Rising from Last few sessions. Expection a very strong up move soon Exit any short positions if u have currently