I am a trader, investor and a full time working Professional (NRI). I have developed my own system based on pure price action and do not rely on any indicators or data to make decisions. Nifty Options are my favourite Bounties.
Fellow Bounty Hunters...
Price did not retrace into the area of Interest as per the chart posted in the Related Ideas, since the momentum was on the short side today but we might have another chance we could possibly get tomorrow. In the chart we have two scenarios. Scenario 1 shows price retracing to a supply area which is a high probability zone for shorting...
We have a rounding bottom pattern in NSE:CNXFINANCE and all details are on the chart.
Nifty Fin Services - Rounding Bottom pattern has given a breakout. Target does not make sense here due to the growth in the sector Banking/NBFC/AMC/Insurance. It is important to understand the constituents of the Index and look at their charts and fundamentals too. I have...
We can observe the relative returns of Nifty to other markets in the last 6 months. Observe and make your own inference. This is just to show where Nifty stands relative to other markets and momentum.
IEV- European Maretks ETF
EEM -Emerging markets ETF
EFA-Developed markets minus North America
EEMA-Emerging markets Asia
We have a chance to long on Nifty. Please see all the details on the chart.
Kindly see all my charts on Nifty to connect the dots. We have collected a lot of points on every swing.
All the best, Y'all!!
We have a long bounty on cosmos films. PA shows a rounding bottom/cup and handle pattern formed across 3+ years and ready for the breakout. Trade must be taken on the retest after the breakout. Let the weekly candle close above the highest resistances and we will take long on retest or as per the PA.
All other details provided in the...
Fellow Bountyhunters, We have spotted a Bounty on Petronet
We have visible IHNS pattern across weekly and daily in Petronet and the pattern is spanning across a year.
There are two ways we can trade this, one at the current location and second after the breakout on retest.
All other details in the chart. Confine your entries to lower time frame only!
We have spotted a bounty in FDC on the long side. We have a classical rounding bottom pattern spanning more than 2 yrs and has already given a breakout. Price action has retested the breakout and we are near the retest. One can look at longs at the marked area in the chart. Take long on lower time frames and keep your stop tiny.
All the best Y'all!
Two charts that tell us what can happen to the global equities is posted here.
Chart on left is the relative ratio of Stocks vs Bonds. One can see PRICE ACTION rising to the north after bottoming and testing some resistance as of now. If they breakout then we have a continuation and and this can possibly indicate continuation of the rise in...
Folks, we have spotted a Bounty on the long side in NSE:COROMANDEL
We have had a time wise and a price wise consolidation after the upmove from April Low's and it looks set for a continued move to the North.
Chart is self explanatory. This is part of the older charts I have posted earlier which you can see below. This stock would be part of the rural/Infra...
Folks, Long Bounty spotted in NSE:EMAMILTD
We have a classical pattern and a retest of the breakout to the demand zone in Emami Ltd. Even on a relative basis to the NIFTY FMCG this scrip is peroforming well and hence we can long in this scrip.
Restrict the entry to lower time frames like Hourly and 15m because there is a possibility price can penetrate deeper as...
All details in chart.
Nifty has taken support yesterday at critical demand zone from Intraday POV and held it for now. If it can take out the supply at the top we will see another move up to another ATH.
All the best to Y'all!
A Bounty has been spotted in PVR and Price may retrace the breakout zone for collecting more orders which were pending during the breakout. The Demand zone is a wider than most other zones I mark on my charts, this is because PA shows a lot of unfilled orders and hence price IF retraces to the zone may penetrate deeper and so it is absolutely imperative that entry...
Bounty Spotted in AARTIIND Long trade and Price Acton shows a Retest of the Breakout zone. Price has been consolidating over a period of time and has overcome the supply and thus is testing the demand zone for taking in more orders before it heads North.
All details of entry and targets on the chart.
All the best Y'all!
Over the last 12 days we have received over 550+points as bounty in Nifty Longs. We are near our last target and I am expecting another 50-100 more points but now the breadth seems awfully overburdened and hence we can expect some minor or routine correction. I am expecting a sector rotation to happen now as we cuould see many pharma stocks breaking out of...
This is a follow up to the trade idea on NSE:GRANULES posted on Nov25. Kindly see the link.
PA suggests an opportunity for long at marked zone for targets mentioned in the chart as per the original idea. Kindly take trades in lower time frames as it will reduce your risk .
All the best.