NMDC is engaged in exploration and production of Iron Ore along with Diamond, production and sale of Sponge Iron and generation and sale of Wind Power. This PSU stock has given great returns to investors as well as traders in last one year. Although there exists so many positive talks about NMDC's volume growth, sales growth & capacity enhancement etc. which are...
Symbol - BATAINDIA BATAINDIA is currently trading at 1340 1280 - 1350 is a good support area for BATAINDIA. I'm seeing a trading opportunity on buy side. Buying BATAINDIA Futures at CMP 1340 I will be adding more if 1300 comes & hold with 1280 SL. Targets I'm expecting are 1435 - 1525 & beyond. Disclaimer - Do not consider this as a buy/sell...
Symbol - NIFTY50 CMP - 21980 NIFTY50 witnessing heavy selling and now slipping below 22,000 round level. Market sentiment is weak but according to my analysis, Nifty is now trading at major support levels. 22000 - 21930 is good support range for Nifty. I believe Nifty will take support from current levels & will show a reversal from here soon. Dow Jones is at...
Last week, I took long position in UDMXN at 16.66000 & Closed at 16.92500 Closed that position in more that $5000 profit in just 2-3 days. My long setup is formed again in USDMXN Taking long positions here at CMP 16.67000 My SL would be 16.62000 Target I'm expecting is 17.00000 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing...
Symbol - EURPLN EURPLN is currently trading at 4.25400 I'm seeing a trading opportunity on buy side. Buying EURPLN pair at CMP 4.25400 I will be adding more if 4.23000 comes & will hold with SL of 4.22000 Targets I'm expecting are 4.28500 - 4.30500 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
LTIMINDTREE is currently trading in a support zone of 4850. It is trading in a good demand zone. So I'm taking long position in April Futures at CMP 4860-4870. I will be adding more position if 4750 comes & will hold with SL below 4700. I'm also tracking LTIM 5000 CE as well. I will be adding position in this too. I'm expecting it to bounce from here and reach...
NIFTY50 CMP - 22754 Although NIFTY50 is trading at its ATH & making new ATH everyday but NIFTY50 is looking lil tired. Crude at $90, High bond yields, Bullion at ATH, Weak global sentiment & Weak US markets - nothing looks in favor of bulls. It would be interesting to see if bulls keep on buying & take NIFTY50 to 23k or is it time to be cautious and book longs...
Symbol - NZDUSD NZDUSD is currently trading at 0.59450 I'm seeing a trading opportunity on buy side. Buying NZDUSD pair at CMP 0.59450 I will be adding more if 0.58850 comes & will hold with SL of 0.58400 Targets I'm expecting are 0.60700 - 0.61400 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
Symbol - NZDCAD NZDCAD is currently trading at 0.80920 I'm seeing a trading opportunity on buy side. Buying NZDCAD pair at CMP 0.80920 I will be adding more if 0.80200 comes & will hold with SL of 0.79000 - 0.79200 Targets I'm expecting are 0.82500 - 0.82800 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis...
Symbol - EURSEK EURSEK is currently trading at 11.57200 I'm seeing a trading opportunity on sell side. Shorting EURSEK pair at CMP 11.57200 Holding with SL of 11.62000 Targets I'm expecting are 11.42500 & beyond. This is a high risk trade. Let's see what happens! Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis &...
MCXBULLDEX is currently trading at 17350 which is a long term resistance zone (17300-17700) for it. I'm expecting a profit booking in MCXBULLDEX from these level. I'm creating short positions at CMP 17350 & will be adding more short positions if 17650-17700 comes & Hold with 18000 as SL. I'm expecting minimum 1000 point fall from here & expecting 16400-16200...
Currency Pair - EURPLN I am seeing a good trading opportunity in EURPLN. Taking long positions here at CMP 4.28325 My SL would be 4.27300 Target I'm expecting is 4.34500 - 4.35000 That's 1:6 RR trade. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
XAUUSD currently trading at 2292 Shorting XAUUSD at CMP with 2320 SL. Target would be 2230 - 2200 - 2180 Expecting a fall soon! Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
MCX GOLD is currently trading at 68900. I shorted GOLD twice in last three weeks. One position was closed in 700 points profit and other went 1000 points in profit and then closed CTC. I'm shorting MCX Gold Futures once again at CMP 68900. I will add more short position if 69600 comes & will hold with SL above 70100. I think rally in gold is about to end and...
SYMBOL - BAJFINANCE Bajaj Finance is one among India's the biggest NBFCs. This stock has been a consistent compounder. This stock is currently trading in a support zone of 6500 level. This area is a major support zone for Bajaj Finance. This is a good time to invest in it as long term investment. This stock is a blue chip compounder stock. It has made & It will...
MCX ALUMINIUM is currently trading at 212. 210-215 is a good resistance zone for Aluminium as per price action and longterm charts. Hence I'm opening short positions in MCX Aluminium Futures at CMP 212. I will be adding more position if 215 comes & will hold with SL 218. Targets I'm expecting are 205-202 & beyond. Disclaimer - Do not consider this as a...
Symbol - USDSEK USDSEK is currently trading at 10.80500 I'm seeing a trading opportunity on sell side. Shorting USDSEK pair at CMP 10.80500 Holding with SL of 10.84000 Targets I'm expecting are 10.60000 & 10.48000 This is a high risk trade with small SL & big targets. Let's see what happens! Disclaimer - Do not consider this as a buy/sell...
MCX Gold has rallied one way from 62000 to 67000 in last 5 weeks without any major retracements. Gold is currently respecting a rising channel pattern & currently trading at higher end of this channel pattern. I'm expecting gold to correct and touch bottom of this rising channel. I tried to short gold last week but it went sideways so I had to close. Closed that...