After respecting supply zone, stock is back to monthly demand zone. Buy May Fut.
Long setup is still valid after technically sell off on D time frame. Sell 100PE May. Risky Trade.
At very crucial support, if breaks god knows where it will stop. I am hoping for a green candle, and then will take long position.
Risk:Reward will be good from here. Due to the upcoming elections, I am betting on reversal. Generally elections results bring relief to FMCG stocks. Sold May 390PE. Be careful.
Price could reach to 11475-500. Trend will reverse if breaks this support.
Neutral trade. Waiting. Doji on Monthly chart.
Monthly TF showing good support. Moreover, stock personality is 365 Moving Avg and it is near it. Will be betting on long side. Sell May1600PE at 48-50.
Modi's Government plan to provide housing to all by 2022 will definitely boost revenue for this stock.
With Government's focus on affordable housing and "housing for all by 2022", have put HFCs in good position . Will be keeping this stock for long term based on fundamentals. Maintaining CBSL.
Time to consolidate for sometime before uptrend continues. Will look to sell 1320CE/1300CE based on the premium available.
Time to consolidate for sometime before uptrend continues. Short for the lower end of the channel. Those who want to trade safe, wait for confirmation (price gap down to 1240 and less).
Planning to sell 330PE at 4-5. Will be holding until expiry.
Looking good in both weekly and daily time frame. Will be selling 97.5PE or 100PE based on the net premium available.
Channel breakout in daily time frame. It may retest level of 300 or keep on moving up. Will be selling 297.5PE or if high of candle break next day then will sell 300PE. Other option is to buy Fut if PDH breaches.
Note: Momentum is towards uptrend. Sell 300CE with stop loss of 286.25.
As shown in chart forming HH and HL. 1075 looks good support.
Technically looking bearish for short term. However, trump came up with a tweet yesterday : "If the Fed had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points, and GDP would have been well over 4% instead of 3%...with almost no inflation. Quantitative tightening was a killer, should have done the exact...
Making perfect Higher High and Higher lows on weekly chart.