aktradelearning

aktradelearning Updated 

Indigo after a crash landing looks like is ready to take off again for a good flight upside. It has given a Inside candle breakout today on closing basis with a good base formation for around 2 weeks. Looks like a good setup for now to go long. Keep in radar. Indigo 1900CE trading above both vwap & avwap levels and possibility of trapping these sellers

aktradelearning Updated 

BN after a 2000point rally may go into some sideways consolidation and this being a short weekly expiry as well, possibility of premium eater coming back into the market is high. 41400 straddle is trading at around 400Rs premium and depending upon opening on Wednesday and how much decay it would already have - for now it is giving a good R:R in terms of making an...

aktradelearning Updated 

Nifty is closing below 17600 but 17550 is a good strong support and it is also around March series avwap levels. Current level is also a fibo support level if plotted between recent swings. On short time frame it is also showing a divergence. Last expiry also was a trapping candle where a lot of shorts were invited into the system only to take them away in next...

aktradelearning Updated 

Eichermotors has given a IC breakout on daily time frame and on hourly timeframe it has already given a breakout of falling trendline resistance. As long as latest swing low is protected, looks like a good setup to go long here

aktradelearning

GSPL chart is looking very strong with momentum & volumes building up. Keep this setup in watchlist

aktradelearning Updated 

Nifty - the fall / correction is losing strength. Positive divergence with inverted bullish hammer formed on demand zone, which is a reversal pattern. Shorts need to keep tight SL in system for sure....Budget day low is absolutely critical and any panic sell off can be below it... Happy Trading.

aktradelearning Updated 

NF still in the same falling channel, the fall/correction is losing strength. Keep a close watch on your shorts or keep tight SL.

aktradelearning Updated 

Banknifty after a extreme bullish view posted way back (link in related idea section) has achieved most of the upside targets. The current weekly candle is not looking promising which has also formed on the top line of pitchfork which I had drawn long back, On weekly charts it has made a rising wedge kind of pattern and it has also not retested the previous ATH...

aktradelearning Updated 

Crude on hourly time frame is at supply zone and can possibly go down from here. Tracking it ....

aktradelearning Updated 

On budget day during extreme volatility, I had shared some logics in a group that any panic in Nifty is a buying opportunity with 17350 as closing basis SL, Nifty dipped and made a budget day low around 17353 on that day. Logic was - On NF yearly chart, NF has not traded below its previous years opening price unless there has been real panic (like 2008 crisis...

aktradelearning Updated 

As I posted an analysis for Adani stocks earlier as a composite Adani Index . The stocks are still making a lot of news since last one month, however just ignoring the news and sharing my view based on price action in this analysis. Will be tracking it ...lets see if this small risk reward trade works out

aktradelearning Updated 

Anticipating an inverted h&S formation on 15 min time frame in Infy on short term....view invalid below 1480/1460 on 15 min closing basis

aktradelearning

Chamblefert is looking attractive on charts with vol spurt and RSI making triple bottom and price making lower lows

aktradelearning Updated 

ABFRL on weekly timeframe is showing early signs of reversal, the stock is currently consolidating around 50% retracement level from Covid low to ATH and after a correction from top, since last 4 weeks it is making base here. This may even turn out to be higher bottom in comparison to June low. Overall the level is also at a channel trendline support zone and...

aktradelearning Updated 

Mphasis after making a top in 2018 corrected for around 50% from its previous and then went on to make a rounding bottom formation and breakout of the same in 2020 May, from there it went on to give huge return. Now again after correcting from recent top for about 50%, it has made a rounding bottom formation and is giving a good breakout above it. Although...

aktradelearning Updated 

Looks like Escorts kubota is again getting ready to fly, most of the details are on the chart ...keep this setup in radar.

aktradelearning Updated 

Banknifty on hourly timeframe is in falling channel and is also showing RSI triple bottom formation with a positive divergence. A breakout out of this channel i.e. above 40200 can take BN to 40500 to 40700+, which can be around 50% pullback of recent leg of correction. Happy trading

aktradelearning

Nifty - as the view was in bullish tone only and idea was to find some reversal setup. It took support today at avwap level from July 2021 levels, where it has previously consolidated for long period before giving a superb rally to ATH in oct 2021. The same avwap acted as support during June correction and NF today made a double bottom in 15 min tf...and bounced...