Yogi_mj

Yogi_mj

RSI divergence is observed in Gold from last few sessions. It's better to Square off long positions at the earliest and wait for sometime because RSI divergence indicates bearish sentiments and we can expect a good fall very soon

Yogi_mj

Indusind bank broke its longterm trendline support and taking retracement right now. RSI showing divergence. I'm posting this idea with next lower levels. watch the price action and decide ur move

Yogi_mj

Karnataka bank is moving in a symmetric triangle pattern It's likely to cross ₹160 in next 1 to 2 years investors can start accumulating between ₹58 to ₹70 levels. The Karnataka Bank Ltd's earnings have declined by -1%, whereas share price has declined -7.6% CAGR over the past five years, indicating the company’s share price is likely undervalued.

Yogi_mj

Yellow - no trading zone green - Buy call or Future Red - Buy put or sell Fut wait till u get a 15 min candle closing above or below the rectangle

Yogi_mj

Aarti Drugs is moving in a Descending triangle pattern from Aug 2020 and may give a break out shortly. Even though the pattern is bearish, I'm quite bullish about this stock bcz it's a market leader in API supply with a market share of 79% and API market will only grow with time to reduce dependence on China. So Buying it now with a SL at 575 can prove to be a...

Yogi_mj

Hii guys. Silver is struggling to brake 66k level. I think it will form a Reverse Head and shoulder pattern before it can break the 66k. Let me know what do u think in comment section

Yogi_mj

BNF is moving in a Flag n pole pattern from past several days. Since today it gave good breakout(pole). there is a very good possibility for it to consolidate for whole day on Monday. U can Buy on dips and sell on rise for Monday but there may be a breakout after 3pm

Yogi_mj

Banknifty has given breakout in upward direction. and touched 39350. There may be some retest on Monday next week but once it starts to rise there is no stopping till next 4000 points.

Yogi_mj Updated 

MCX bulldex is moving in uptrend in a parallel channel pattern. so Buy on Dip and Sell on Rise for a simple 60 to 80 points profit. 1 point = ₹50 x number of lots

Yogi_mj Updated 

SBIN has broke an Important resistance level from which it had already taken rejections 4 times. This time break out and retest is complete Just wait for the bounce back and once it sustains above 164 and close above 166 u can comfortably Go long in it and put your target 1 as 493 but you can expect more

Yogi_mj Updated 

Trading near resistance and showing the signs of reversal. Keep this in your watchlist and Go long If it breaks upward and Go short if it takes rejection. My view is bullish for now so I'm not providing the short path

Yogi_mj Updated 

Banknifty is tracing a Ascending triangle from 1st Oct taken 2 rejections from 38116 level. 1 more rejection may be possible at 38116 but if it breaks that resistance and sustains we may expect Banknifty to reach as high as 39350 levels very soon. If it fails to break upside and gives a break out in downside then we can expect a good fall upto 36900 levels. Don't...

Yogi_mj Updated 

Banknifty consolidated in a narrow range for a whole day yesterday. if it breaks above and sustains u can Buy FUT or CE and If it breaks below and sustains u can sell FUT or buy PE

Yogi_mj Updated 

BNF trading in a parallel channel from 30SEP. right now it's at channel resistance level and my speculation is it may fall 150 points and consolidate for some time. apart from that it may fall as low as channel support level or may give breakout above side. wait for price action before jumping in the trade

Yogi_mj

Banknifty is moving in a parallel channel. Buy on dips and sell on rise will be better

Yogi_mj

Metal index may open Gapup for 1 more day but anyhow it will have to come down so Shorting may be beneficial for short term

Yogi_mj

RSI Divergence in Tata power indicates the upcoming fall. we have a resistance at 172 so investors Book partial profits at 172 and full profits after it falls below 170then reenter positions at 155-140 levels. Traders can Short Tata power futures after it touches resistance and close below 170.option traders can buy put option after it starts to fall below 170

Yogi_mj

I'm Expecting a gap up opening for tomorrow but No breakouts. whole day BNF may just fill the Gap and trade in range. You can Buy call at dip and put at rise. if it breaks upside u can buy call and if it breaks downside U can buy Put. If u can understand the price action well and good otherwise u can message me