Tomorrow if BNF crosses today low of 35047 in the first 15 min., it'll go down till 34650 levels. If it doesn't cross, then it's gonna ba volatile day. I'm holding short positions in banknifty. SL is 35200.
One can go long on ethereum after the price breaks the trend line. But one should wait for a pull back and when the price shows green after the pull back it would be wise to go long.
Breakout from Inverted Head & Shoulders can be seen in Amara RAja Batteries. There's even a pullback after the breakout, ehich makes it a perfect BUY position. Upside potential is huge compared to the downside. It's a swing trade. Target: 820 (Height of the head) SL: 740 (Just below the baseline) R:R = 1:5
Wait for a buy price...close to 445 (ie close to the trendline) target: 465.
The bullish momentum in the last minutes of the trading will cause the BNF index to open gap up tomorrow. But soon after gap up, price will fall till yesterday's high. Then will try to break the intraday high on 9 Sept but won't be able to do so as it is an expiry day & too much of 37000 calls are written. So.. one can definitely go long for the next week. My...
Buy > 51.25 Target = 52.9 (wait for a price action intraday)
The violet line is the RSI plotted on the price chart itself. Yellow circles are the lows of the RSI. Blue circles are lows of the price bars. Once can clearly see that there's an RSI divergence. Price is making lower lows but RSI is making higher lows. IF price closes above 1670 in a 15 min candle : Go long -----target- 1700 If price breaks below 1650: Go...
Time frame: 75 min. 1) RSI divergence. 2) Inside candle. 3) Morning star pattern. 3) Making higher lows. ( in 15 min TF) How to trade: Spot chart- On 29th July if price gives a closing above 34,580 in 5 min candle. Buy *35000 CE of 5th August expiry.* (Current price 224.) SL: 50-60 points ( or < 34520) Target: 35200 Good for Swing trade as well as intraday....
to continue it's upwards movement after a retracement..this trendline breakout was important.
SL- 297 Target 1 - 310 (Height of the H&S pattern) Target2- 315 (200 EMA on 15 min timeframe)
Bajajfinance has been trading in a narrow range for quite some time now. It usually follows how BajFinserve price movement, which has already given a 7 % move after breakout. . . Technically Bajaj finance is sitting at a perfect spot for a breakout. ADX is showing a momentum upside. Buy > 6290 SL: 6150 Target: 6600 (4-5% )
Go with pharma index. If NIFTY is green & pharma is green: If sustains above 953 go long. Target 1 is intraday. Target 2 is for a swing. If NIFTY is red: if it breaks below & sustains for 15 min. go short. There's a high change for it going up. Others points to consider: On daily timeframe price @ 50 EMA on hourly timeframe price @ 200 EMA
Intra day only Short term reversal expected as it is a strong support. Buy if it crosses the 1st 15 min candle in the opening on 26 July Sell if it gives a 15 min closing below 82.75
Inside candle on daily. On 75 min timeframe- it has broken down from the 200 EMA & gave a pullback. Sell below the rectangle. or < 1300
After the trendline breakout, the price seems to take a pullback & is now testing it's previous resistance which is now a support. Another support- 200 SMA So clearly there's a confluence. Target- All time high SL- 200 SMA . . Previous breakout was predicted at the right time. Link below:
Good for a Swing trade. This stock has been in a consolidation phase since very very long time. Expect it to break on either side of the triangle. But I'm more positive on the upside as the price is hovering around the 200 EMA. It's sitting perfectly on the lower base of the triangle. One can initiate a buy now as the risk to reward will be very suitable. One...
Target- 6000 SL- 5360 Expect a little pullback till 5380
1) Breakout in daily, weekly & even monthly time frames. 2) Breaking out of a down trend of 12 years . 3) Look at the momentum of the move after CORONA. 4) Look at the volumes rising after CORONA. 5) Plot a 50 EMA , you'll see a recent bounce from it. Hold it for a month or a year until it touches the All time high. Stoploss- The trendline.