NSE:IOC formed a nice bearish pinbar and closed below its 50EMA,200EMA and near term support my target for IOC is 360 , will look to short tomorrow
NSE:ICICIBANK printed a bullish PINBAR at 200EMA and near term support as shown in chart. Tomorrow i will go long with a stoploss of 297 for first target of 315.
i will short axis bank on monday.... as a bearish pinbar formed which closed back in the 525 range..... So i will Short axis bank around 525-530 with stoploss 535-540 for first target of 500-510
NSE:DABUR has printed a bullish PINBAR at its 200EMA and near term support as shown in chart i will go long around 325 with stoploss of 320 for the first target of 335
NSE:HINDZINC As per chart it is clear that breakout above 330 does not sustain and the price is back in channel ......i will go short tomorrow around 328 for the immediate target of 318 with stop loss 332.
looks like the recent breakout above 1280 will not sustain ....or at least it will retest 1300
after 3 day rally from 564 in NSE:AUROPHARMA ..... looks like bulls are loosing grip, a reversal may occur i am looking to short tomorrow ...will update here the trade
I bought 1000 PNB today at 111.6.... playing for the bounce from its support of 111-112 which is also its 52 week low .....with small stoploss of 108.6... as per news it may look risky , but as per chart it is a good trade as per risk reward. even if it reaches 117.6 ... R:R will be 1:2 ..and as per chart odds are with me ;)
Watch out for NSE:HINDZINC if tomorrow it breaks 328, it is a good short candidate as a beautiful bearish pinbar formed today which is signaling a reversal... So watch out... but don't jump in the trade as 330 is a support level
Short NSE:IDBI around 78-79 with a stop loss of 82-83 for first target of 70-71 Bearish Pinbar formed finally after a great rally..suggesting a reversal
Keeping in mind bond yield,rupee weakness, and banking scams...... i am going in march series by shorting nifty.. my stoploss is 10420.10 and first target is 10270. i have shorted nifty march future at 10370.
Long NSE:YESBANK futures at 313.80 . my stoploss is 305.. and target 323.80+ .... will trail if it moves in my favor tomorrow. lets see if history repeates itself or not ;)
NSE:SUNPHARMA one can go long in sunpharma as it has printed a Bullish pinbar at dynamic support of 50 DEMA. i will try try to go long around 570 for target of 590 and stoploss 560.
NSE:INFY has printed a bearish pin bar looks like it will move downward . so i will go short tomorrow .
NSE:YESBANK has broken support of 325-330 and today a pin bar formed at its support which converted it to resistance , so i will short yesbank tomorrow if it fails to trade above 320. my target is 305-300. So what are your view?
NSE:ADANIENT is finding difficult to break high of 223-224 , again a bearish pinbar formed, i will go short if it starts trading below 218 for target of 205 .
last time at this price point HDIL printed a pin bar and moved to 66+ and this time again it has printed bullish marubozu, so i will go long tomorrow