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bleedVitriol
About me I am a student with keen interest in the financial markets hoping to solve it and try to outperform it. It will take a lot of blood and sweat but as we people say, the risk reward ratio is way more than satisfactory.
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Markets Allocation
75 % stocks 25 % indices
Top Mentioned Symbols
BANKNIFTY 25% | 1 POWERGRID 25% | 1 SBIN 25% | 1 TATAMOTORS 25% | 1
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15 15m 15min 15minchart banknifty bounce chartpattern divergence indicator intraday long powergrid sbin support tatamotors tips trendanalysis Less Tags Show All Tags
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Powergrid idea for swing or Intraday
POWERGRID
, 60
POWERGRID: Powergrid idea for swing or Intraday

Power grid is forming a descending wedge on 1 hour timeframe. The price currently is at the Support zone. We may witness a bounce off or a breakdown. look out for opportunities

Intraday Pick for 20th August 2021
SBIN
, 15Long
SBIN: Intraday Pick for 20th August 2021

SBI at support zone. It may bounce off strongly. The move may also be supported by the movement of bank nifty on 20th August 2021.

Intraday index pick for 20th August 2021
BANKNIFTY
, 60Long
BANKNIFTY: Intraday index pick for 20th August 2021

Bank nifty formed a widening wedge at 15 min timeframe. There is a presence of a demand zone at the current price point and a subsequent supply zone directly above.

Intraday pick for 20th August 2021
TATAMOTORS
, 15Long
TATAMOTORS: Intraday pick for 20th August 2021

Tata motors on a 15 min timeframe is forming a descending triangle. It might breakout of the consolidation as there is volume support as well. Nifty Auto looks good to support this. There is a positive RSI divergence in the same timeframe at that exact price point. This also supports this analysis.

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