balaji_damo

TOP
Message Follow Following Unfollow
Joined
Markets Allocation
92 % stocks 8 % indices
Top Mentioned Symbols
ARVIND 10% | 4 AMARAJABAT 5% | 2 BANKNIFTY 5% | 2 BHARTIARTL 5% | 2
balaji_damo balaji_damo TOP BHARTIARTL, D, Short ,
BHARTIARTL: Airtel Broke multiyear support broken
49 0 3
BHARTIARTL, D Short
Airtel Broke multiyear support broken

Airtel has broke multiyear support with a fundamental trigger of acquiring Tata teleservices. 450 is multiyear support and has been breached recently. Expecting a mild pullback to the support line. This is low risk high reward setup as SL is smaller than target. Short at 473 with strict SL at 480 for a target of 450. If the Q2 results are not good it can test ...

balaji_damo balaji_damo TOP ULTRACEMCO, D, Short ,
ULTRACEMCO: Ultratech Cement downtrend
44 0 6
ULTRACEMCO, D Short
Ultratech Cement downtrend

The stock has formed a down channel with lower high and lower bottom. 1. The stock has retraced to 50% fib level and came back to 23% fib level. The stock is currently in potential reversal zone as 4092 is long term support and the last candle was a doji indicating indecision. RSI and stochastic is confirming the downtrend. 2. One can short at ...

balaji_damo balaji_damo TOP ULTRACEMCO, D, Short ,
ULTRACEMCO: Ultratech - downtrend
17 0 2
ULTRACEMCO, D Short
Ultratech - downtrend

Ultratech cement has formed a downtrend channel in daily chart. 1. The stock is in potential reversal zone and the doji indicates indecision and could reverse from here. 2. The stock has retraced to 50% level and extended back to 23% level. 3. RSI and Stochastic indicates bearishness for near term. 4. The stock is forming lower high and lower bottom again ...

balaji_damo balaji_damo TOP EICHERMOT, D, Short ,
EICHERMOT: Eicher motor HNS pattern
55 0 1
EICHERMOT, D Short
Eicher motor HNS pattern

Eicher motor has a fantastic bull run from 19800 level and appreciated 35% to 33000 level with not much correction. The stock has formed a HNS pattern indicating trend reversal on the cards. One can initiate short as per the fibinocci retracement level at 23% for a target of 38%, 50% and 62%.

balaji_damo balaji_damo TOP FEDERALBNK, 60, Long ,
FEDERALBNK: Federal bank uptrend
63 0 3
FEDERALBNK, 60 Long
Federal bank uptrend

Federal bank is coming out of long consolidation ans showing signs of bullishness. The stock has retraced up-to 38.2% and moved up. One can long at 116 level with SL at 112 for a target of 137 which is 23% extension of the current trend.

balaji_damo balaji_damo TOP SBIN, D, Short ,
SBIN: SBIN donwtrend
144 0 5
SBIN, D Short
SBIN donwtrend

This stock has reversed the trend and taking support at 38.2% retracement level. 1. The stock is consolidating in this strong bull run indicating weakness in the stock. Also the selling volumes are high. 2. One can long at this level with strict SL to gain the Q2 results anticipation movement upto 260. 3. For long term short at 250 with SL at 260 for a target of ...

balaji_damo balaji_damo TOP ARVIND, D, Short ,
ARVIND: Arvind Theta decay idea
33 0 0
ARVIND, D Short
Arvind Theta decay idea

The stock is finding resistance at 420 ( look at the long wicks) and next support is placed at 390. Once can short 420 CE = 6.85 X 2000 = 13700 390 PE = 1.90 x 2000 = 3800

balaji_damo balaji_damo TOP RELIANCE, D, Short ,
RELIANCE: Reliance Theta decay Idea
40 0 0
RELIANCE, D Short
Reliance Theta decay Idea

The stock is facing resistance at 860 and support at 830. One can short 810 PE = 2.2 820 PE = 3.3 890 CE = 2.8 900 CE = 2.05 If you are aggressive add up 870 PE = 5.55 880 PE = 3.95

balaji_damo balaji_damo TOP RELIANCE, D, Short ,
RELIANCE: Reliance Theta Decay idea
58 0 0
RELIANCE, D Short
Reliance Theta Decay idea

The stock is facing resistance at 860 and support at 830. One can short 810 PE = 2.2 820 PE = 3.3 890 CE = 2.8 900 CE = 2.05 If you are aggressive add up 870 PE = 5.55 880 PE = 3.95

balaji_damo balaji_damo TOP M_M, D, Short ,
M_M: M&M Short Idea
34 0 2
M_M, D Short
M&M Short Idea

The stock is making lower highs and lower lows indicating a bearish trend. The stock has reached support point at 1280 and it has tried to retrace 23% but failed. In coming days if the stock doesnt hold 1280 on closing basis one can initiate a short position as per the trade set up. If it breaches 23% at 1320 one can long it for target of 1340 1470 1390.

balaji_damo balaji_damo TOP BHARATFIN, 60, Short ,
BHARATFIN: Bharatfin - Theta decay Idea
41 0 3
BHARATFIN, 60 Short
Bharatfin - Theta decay Idea

The stock is cooling off after a great rally. The OI has reduced a lot across option chain indicating IV cool off. For conservative trader 900 PE + 1000 CE = 8.10 + 7.25 = 15.35 = 15350 INR For aggressive trader add up 980 CE 900 PE+980 CE+ 1000 CE = 8.10+11.60+7.25 = 26.95 = 26950 INR

balaji_damo balaji_damo TOP DIVISLAB, W, Long ,
DIVISLAB: Divis lab - Fibonacci retracement
145 0 4
DIVISLAB, W Long
Divis lab - Fibonacci retracement

The stock has reversed trend and has become bullish. It has retraced to 23% and 38% confirming the strong bullish reversal trend. Huge volume is also confirming the same. One can expect a mild correction between 23% and 38%, giving an opportunity of channel trade here as 870 was a past support becoming a resistance line now. On breaking 870 on closing basis one ...

balaji_damo balaji_damo TOP DIVISLAB, W,
DIVISLAB: DIVIS lab possible channel trade
54 0 2
DIVISLAB, W
DIVIS lab possible channel trade

The stock has reversed trend and has been bullish over last week. In long term it is a definitely a buy. In short term it is approaching its resistance. Expecting a channel movement before moving up to 1100 levels.

balaji_damo balaji_damo TOP UPL, 60, Long ,
UPL: Bullish Bat
48 0 0
UPL, 60 Long
Bullish Bat

Bullish bat formation is under progress. One can wait for the formation to complete and trade as per the set up

balaji_damo balaji_damo TOP JUBLFOOD, W, Short ,
JUBLFOOD: Bearish Butterfly
40 0 0
JUBLFOOD, W Short
Bearish Butterfly

The stock has formed bearish butterfly pattern.

balaji_damo balaji_damo TOP MCDOWELL_N, W, Short ,
MCDOWELL_N: Bearish Butterfly
22 0 0
MCDOWELL_N, W Short
Bearish Butterfly

Mcdowell-N has formed a bearish butterfly pattern. Trade can be taken as per the set up

balaji_damo balaji_damo TOP MCDOWELL_N, W, Short ,
MCDOWELL_N: Bearish Butterfly - Mcdowell-N
43 0 3
MCDOWELL_N, W Short
Bearish Butterfly - Mcdowell-N

The stock has formed a bearish butterfly pattern in weekly chart. Aggressive short trade is already on. Conservative traders can enter now as per the trade set up.

balaji_damo balaji_damo TOP BHARTIARTL, W, Short ,
BHARTIARTL: Bharti Airtel - Bearish bat
38 0 0
BHARTIARTL, W Short
Bharti Airtel - Bearish bat

The stock has formed a bearish bat in weekly chart. Also it has retraced to 23.5%. Also the fundamentals of the stock looks bearish. One can take the trade with own SL as per your risk appetite.

Show More Ideas 123
Last visit
0
2
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
3
8
9
Message Follow Following Unfollow
Last visit
3
0
15
Message Follow Following Unfollow
Last visit
0
4
4
Message Follow Following Unfollow
Last visit
4
17
64
Message Follow Following Unfollow
Online
14173
0
203
Message Follow Following Unfollow
Last visit
1008
0
11
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit India
2
0
5
Message Follow Following Unfollow
Last visit United Kingdom
6452
0
262
Message Follow Following Unfollow
Last visit
9
2
43
Message Follow Following Unfollow
Last visit
73
80
528
Message Follow Following Unfollow
Last visit
28
18
210
Message Follow Following Unfollow
Last visit
37
72
211
Message Follow Following Unfollow
Last visit INDIA
15
37
223
Message Follow Following Unfollow
Last visit
7
9
57
Message Follow Following Unfollow
Last visit Russia
6687
0
67
Message Follow Following Unfollow
Last visit
1008
0
11
Message Follow Following Unfollow
Online India
309
102
669
Message Follow Following Unfollow
Online
287
77
906
Message Follow Following Unfollow
Online India
3222
461
9587
Message Follow Following Unfollow
Last visit United Kingdom
6452
0
262
Message Follow Following Unfollow
Online India
174
106
476
Message Follow Following Unfollow
Last visit
2212
285
6157
Message Follow Following Unfollow
SUNTV
SUN TV NETWORK LTD INR5
Follow Following Unfollow
VEDL
VEDANTA LIMITED INR1
Follow Following Unfollow
Market
Browse
Type
Browse
India
United States
United Kingdom
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out