dravya

dravya Updated 

The stock is in very good uptrend. Was the biggest contributor in post-election rally. ' Buy according to strategy. For eg. Aggresive might buy with break of white line as SL and target previous swing high of 293. Defensive might wait for it to come to the trendline and then buy for medium term. And so on... Yellow trendline to aid. Definitely, a stock to...

dravya Updated 

Hi guys, whats' up ? Hope you're having good trading lately. So, here I am to draw your attention towards BankNifty which is making all-time record highs. If you study the chart, you'll find it's the 5th time we have reached this level, since when we first reached here in Jan 2015. And this time, we got a big gap up and a red candle down. I have drawn...

dravya Updated 

Here, is a potential short setup . I'll go short on PNB tomorrow , only below 145 , if it stays above it, no trade entry. If it's below at 144, I'll go short : A part for intraday, where I'll keep 1 point stoploss and target according to movement. And the other part for positional, where stoploss would be 151 ( 7 points ) and target 132 ( 14 points )...

dravya Updated 

Chart well illustrated.

dravya Updated 

Here's a potential long setup . CMP - 513.55 Buy close to 509, whatever market gives. SL - 505 ( 4 Rs ) Target 1 - 518 Target 2 - 531 This is according to a strategy I learnt in an expensive professional course. Let's see. Thanks.

dravya Updated 

NSE:TATACOMM has entered yet another zone , following which may stay out of the zone for quite some time. A good upward thrust recently but as in the past, could be followed by down move.

dravya Updated 

NSE:MRF has been trading in a range starting October and yet again reversed from highs. If the supply zone stands good, it should go down to the previous swing low. Otherwise, if it breaks the rectangle upside, we might see action on the long side.

dravya Updated 

NSE:TATACHEM is in an uptrend and as you can see, looks like may climb upto the levels of previous resistance if the lines hold up. Cheers !!

dravya Updated 

NSE:TATAELXSI has crossed the downward trendline but without much conviction. Soon, it may see the levels failing to hold up and might trade below the range lines. Stop loss can be maintained on the upward line.

dravya Updated 

NSE:ASIANPAINT has come out of the zone before it dipped halfway. Also, it has closed above 50 DMA. If it stays above the line, we can see strong build up.

dravya Updated 

NSE:LICHSGFIN has bounced off from the support zone with a strong bullish bar and good volumes. Watch for how it reacts when it meets the trendline.

dravya Updated 

NSE:COALINDIA is heading towards 3rd touch of the trendline. A strong bullish bar with good volumes and also rejection wicks of recent bearish bars; accompanied by 50 DMA signal a probable upmove after consolidation of the prior strong upmove. CMP- 313.55 Exit below 310. Target 320-325 according to line.

dravya Updated 

BSE:DCBBANK after a strong upmove is at a good resistance level . Will it be stopped or it will break? As for me : Might be halted and go down now. But, Look out whenever it breaks it convincingly and then go long. Better yet when it retests for support. Plan your trades ! Cheers !!

dravya Updated 

NSE:TATACOFFEE has given a 50 SMA breakout with huge volume. The stock should be in action in the coming days. Trade ideas are welcomed by fellow traders.

dravya Updated 

HDFCBANK is making lifetime highs and is expected to go up further. Everything marked on chart. There's no chart above this, so target; you could set according to risk:reward. Here, CMP = 1309 SL - 1277-1293 = (16-32 points) Target - at least, 50 points for positional / 32 points for intraday.

dravya Updated 

Here, i have identified a potential long setup in JetAirways. It's a short-term positional trade. CMP - 378 Date - 6 Feb 2016 I have written notes on chart to help you trade. Thanks. Will be updating you. Regards.

dravya Updated 

TataSteel has given supposedly very good results. This was displayed in its price action since days (see the chart in related ideas). It is now fully ready to give a major breakout. which should not only continue for tomorrow but also days ahead. I have drawn the lines to help you guys trade. CMP - 473.5 Entry - 475 and above. Target - Hold it. ( for...

dravya Updated 

NSE:CEATLTD CMP - 1174.50 You can see the parallel channel and the support lines which date back to previous months. Trade accordingly , Thanks, I hope you like it.