aravindleo_99

aravindleo_99

1. GAP UP/DOWN, VWAP 2. GAP UP/DOWN after consolidation 3. FAILED AUCTION 4. VALUE AREA 5. RETEST OF PDVWAP, PWVWAP, VOLUME AND PRICE CONTRACTION 6. WITH ALL 7. ON 10-OCT-2020

aravindleo_99 Updated 

BNF trade plan for 09-Oct-2020 using volume profile: Upside: Sustaining above 23100 will attempt to move past the 23400. RSI Divergence says cautious on longs. Consolidation may happen between 22900 - 23400 if 22900 stays strong. Downside: 22900 will provide good support. Breaking 22800 leads to downside target of 22700-22600 and if breached will lead to 22400.

aravindleo_99 Updated 

BNF trade plan for 08-Oct-2020 using volume profile: Upside: Sustaining above 23000 leads all the way up to 23500. But the divergence in RSI is my worry and its like moving up in no mans land. Also there is no proper retracement, except if its a strong trend. Downside: 22900 will provide good support. Breaking 22800 leads to downside target of 22700-22600. If...

aravindleo_99

BNF trade plan for 07-Oct-2020 using volume profile: Upside: Crossing and sustaining above 22900 leads to upside target of 23000 and sustaining above it leads all the way up to 23500. Downside: 22700 - 22500 will provide good support. Breaking below 22400 leads to targets of 22100, 21750, 21600, 21450. There is a RSI divergence in 2hr TF and need some more...

aravindleo_99 Updated 

BNF trade plan for 06-Oct-2020 using volume profile: Upside: Crossing and sustaining above 22700 leads to upside target of 22900 and sustaining above 23000 leads all the way up to 23500. But crossing 22400 - 22700 is where resistance is going to be. Downside: Sustaining below 22250 leads to the downside target of 21700, 21450. But 21650 - 21400 will provide good...

aravindleo_99

HDFCBANK trade plan for 06-Oct-2020 based on Volume Profile: Downside: Sustaining below 1090 leads to downside target of 1080, 1074 and 1055. Upside: Sustaining above 1150 leads to upside target of 1160, 1170 and 1180.

aravindleo_99 Updated 

BNF trade plan for 05-Oct-2020 using volume profile: Upside: Crossing 22400 and sustaining above 22700 leads to upside target of 22900 and sustaining above 23000 leads all the way up to 23500. But crossing 22400 - 22700 is where resistance is going to be. Downside: 21650 - 21400 will provide good support and crossing 21100 will lead to downside target of 20900,...

aravindleo_99 Updated 

BNF Range for 01-Oct-2020 based on Volume Profile: Downside: If 22 & 23-Sep POC (~21200) is broken, then it may retest 20900. Upside: If 28-Sep POC 21642 is broken and sustained, then the next target is 21900 and if its reached then it can go all the way up to 22200.

aravindleo_99

BNF Range for 30-Sep-2020 based on Volume Profile: Downside: If todays low (21312) is broken, then it may retest 21200 and if its broken then it may retest 20900. Upside: If the 28-Sep POC 21642 is broken and sustained, then the next target is 21900 and if its cleared then it can go all the way up to 22200.

aravindleo_99 Updated 

Action plan for 28-Sep-2020: 1. BNF may retest the 24-Sep POC ~20800 and if it breaks it may retest the 25-Sep POC ~20600-20500 for accumulation and may move higher. 2. BNF may move higher and accumulate around the 22-Sep & 23-Sep POC ~21200-21300 and may move higher. 3. Crossing 21000 is going to be tough task where selling pressure comes.

aravindleo_99 Updated 

BNF may trade in a zone of 22750 to 21900. Breaking the lower zone of 21900-21800 will lead to 21600-21500. Upper zone of 22750-22850 would be acting as resistance. Breaking 22500 and sustaining above will change things completely for a target of 22700, 22900 & 23000.

aravindleo_99 Updated 

Price may find hard to move beyond the SUPPLY zone. It may retest the DEMAND zone ~11300-11200. After clear accumulation, price will move up. Gap created on 4-Sep may be filled. For week Sep14-17: UPPER ZONE: ~11500 - 11600 LOWER ZONE 1: ~11300 - 11200 LOWER ZONE 2: ~11000 - 10900

aravindleo_99 Updated 

Price may retest the DEMAND zone and will fill the gap created on 21-Aug. It may be side wards for a couple of days as the volume is clearly accumulated at lower price (~22250-22300) by big players. I guess price may be lowered further and clear accumulation may happen. If the trend line (Green line) breaks then the next DEMAND zone would be (~21600-21700). Every...

aravindleo_99

Bank nifty is yet to complete 618 retracement

aravindleo_99

There is a divergence in monthly TF. Nothing can be predicted for RELIANCE. Anything can happen. But as per the charts, there is a divergence which is not good for new investments as old/big investors will offload their shares. Even the candle formation is outside the upper bollinger band which suggest the price may retrace down.

aravindleo_99

NIFTY may take support at 9930 and if broken can be bearish, if not follows the trend line

aravindleo_99

Bear are still active by today's closing just lower than the opening on 13th Mar

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aravindleo_99

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