Hi guys ! I'm back and I'll be posting all the charts I'm keeping in my watchlist ! Starting with the first one, I'll look for opportunity in shorting Tata Global !!
In the chart you can find the lines and levels, which I'm going to keep an eye on, trade accordingly ! you can go long or short, according to price action and global factors ! 11,170 is medium term support for nifty Happy Trading
PFA for reference ! Go long till upper black line
I will be looking for long opportunities in the stock. I expect it to move further up. Don't make long positions below the trend line. Above it, it's still strong.
Hi guys, today I am sharing a valuable concept which helps us trade better with efficiency. I promise your trading results will improve if you follow this. It is the concept of decision fatigue. So, let's see what we can learn from it : To put it simply, decision fatigue is when you get mentally tired from taking decisions. The more number/harder the...
The stock went above the trend line but failed to hold it completely by soon reversing the day's trend. It has formed a shooting star pattern. I'd short it with a few points above the trend line as SL.
the stock should form a support here and rise if it sustains above it. look for positional long. regards.
Expecting movement in the stock. 2 very big gap ups ; and now slow slide downwards. Expecting levels of 152.
If you observe , the stock reacted well to this price level in the past. In the left, you'll see that it immediately reversed but in the right, it's failing to sustain above it. Now, in the present, we have got 2 very strong bearish bars indicating selling pressure. In May, I expect more downfall.
For the first half of may, I am going to look for long opportunities in the stock and trade whenever the price looks right. Areas I'm looking at : - Current price too, 1st target of upper line. - Breakout above line with a feasible SL. - If it goes down, any price close to yellow trendline. As with every chart, I will update it with commentary. THE...
As shown in chart, this is an important level for the stock , price has returned to these levels after months with a huge upmove. I expect a reversal from here in the short term. If you notice, last time too it approached it strongly but then reversed. I will look for short in the first days of May, with a minimal SL . Upon a certain level above the...
The stock is making highs and currently in a rectangle range. In the short term, I am looking for this short trade. In the longer term, I'd look for buying on the lower line, or the breakout if it seems right.
SHORT - 19.8 TARGET - 19.6 AND BELOW SL - 20
BOUGHT - 708.5 TARGET - 715.5 SL - 701
takes a lot of time to type all points which gets delayed and chart moves. so everything on chart.
These are my probable setups for different kind of traders. Aggresive buy is for those who believe banknifty will be strong and would like to increase their RiskReward. Defensive buy is only buying on breakout of the line. Value buy is improbable but if the stock doesn't sustain up , and falls, then when it reaches the trendline, it'll be a good opportunity.
will buy at 255 if it reaches there now. sl - 253.5 target - 257.5