Aug 24, 2017 Nifty & banknifty 1) Last Pattern: H&S (High 100138) Recent Pattern: "M" double tops or three bottoms, Target = Top - Neck line. 2) Higher high 10138, Higher low 9448. Before up will retrace. If breakdown, trend change from up to down. 3) Trend line, initiated from high 10138, connects smallest lower high 10072, and for confirmation trend line -...
Aug 18, 2018 Nifty, banknifty, stocks give few clues, so be alert also watch INDIA VIX. Bull buyer need to wait for bullish type of pattern after correction. Sell on rise due to mkt doesn't that level, most of time i saw this type of pattern behave like fast and quick recover. Lets see what next. Nifty:: 9,945.55 9,947.80 9,883.75 9,904.15 PP 9911 ...
Aug 12, 2017 Bank nifty Spot rate: 23985.75 Chart give me a hint for near term bottom out & trend reversal, where two candle are represents (Hammer and Inverted hammer). Below two possibilities are: 1. Consolidation + continue down: Waiting for next day candle, during consolidation don't buy. 2. Trend reversal + Up trend: If it right recognized then it will...
Buy Range 42-45 Target 58-70 Sl 40 ---- Buy zone wave 4 on every dips, below 40 wave count will incorrect.
29 Jun 2017 :: ESCORTS :: Cmp 662 (future) Entry Area 655-658 Target 675-682-687 Sl 652 on low price. Trade like positional but exit daily basis. This call is valid for cash and future. In option Take In the money and set target 1-1.5 Note: Buy sell its's your choice.
03 Jul 2017 :: Daily trade in FNO and continue watch for 765-800+ level & Also Short term hold This stock has been taken support as double bottom, and sustain trend line with divergence, which mean continue up trend in near term. It is near to breakout level 735-745 that is 30 DMA & 50 DMA level. So i will take a long positional call at entry zone 715-720,...
11 Jul 2017 :: Banknifty Trend up but possible for retrace entry so i will wait & watch for below levels Retrace entry range for 23450-23520, if sustain level 23720 take long Target 23900-24300 Note: Buy sell it's your choice. Trade activation will update as per live market.
11 Jul 2017:: MRPL :: Retrace done, take long position with small SL Buy entry 117-120 target 128-134 Sl 114.5 Note: Buy sell its your choice.
09 Jul 2017 :: Nifty Recent Higher High: 9709.30 Recent Higher Low: 9448.75 30 Days MA: 9613.27 50 Days MA: 9524.24 150 Days MA: 8963.57 200 Days MA: 8449.54 Resistance level: 9698-9701 Support level: 9560-9639-9701 Hourly Chart :: Triple Top, weak volume but still following up trend 1) First top: on Jun 06, 2016 which was made High...
Buy @ 504-507 target 520-524 Stop loss 498 Note: This is educational purpose, buy sell it's your choice.
03 Jul 2017 :: Bank nifty Neutral trend: Reward ratio is very limited, use strict stop loss 22950 So *Risky traders take long position for target 23380-23450-23630 Time Duration: 1-4 days There is two possibilities, which one is we have two to three months for sharp correction of bank nifty and another one is we have more than 15 days. Bank nifty recently made...
23 Jun 2017 :: Wait and watch till confirmation - Closing price at support, breakout 843 target 855-877 - try to gap down fill if break down 824 which is near 50 dma, target 810-790 (Time consuming down side)
29 Jun 2017 :: EXIDEIND :: Cmp 217.6 Entry Area 217.5-218.5 Target 220-222-225 Stop loss 215.9 Note: Buy sell its's your choice.
26 jun 2017 : Price Alert "Closely watch" DCB Bank has been showing divergence 1hr, 4hr, and weekly time frame, here two possibilities: - Near term if take support HL and reverse back till HH or made new high - Near term break HL and not sustainable then it will hit approx 150-110 Levels: 110-143-185-193-210+ Note: This is educational purpose, Buy sell it's...
23 Jun 2017 :: Bank Nifty I was failed on HH level (Price rejection area) because i feel didn't made new high with respect of previous high, but i forgot previous trend line Higher low then bank nifty hit new high that time keep as per risk rewards ratio and by luck bank nifty hit target 23477-577, booked 1 lot profit at 23530, 1 lot carry on (short 23770). Bank...
13 Jun 2017 Bank nifty has been breakdown recent low, might be start the downtrend. Level 23200-22900, here is one swing high possibility approximate target 23477-23570, watch for pullback or pullback breakout above 23650 then make new high instead down trend confirm Divergence: 1 hrs, 4hrs, Daily Trend up but MACD down, so i will wait & short from pullback...
Day Trade: Sell on rise range 725-718 tgt 710-703 Sl 727 cmp 718
Sell on rise range 655-665 tgt 630-615 Sl 671 CMP 655-56 Valid for Day.