IDBI Bank Closing Price 60.70 The stock has potential either side... Bullish case Probability of further upside increases if stock closes above 62.20 T1 66.20 T2 70.30 SL if closing is below 58.60 Bearish case Probability of more down fall increases if closing is below 58.60 T1 56.50 T2 54.5 SL if closing is above 62.20 Will be keeping a close watch...
Aurobindo Pharma CMP 683 The stock is near support zone & can be looked at cmp and on dips T1 718 T2 766 SL 625 Do review ur trading plan & plan ur trade accordingly...!!! Take care & safe trading...!!!
ICICI Pru life CMP 370 Trend is down but is near important Fibonacci retracement level Buying can be considered above 372 or on dips towards 360 T1 378 T2 388 T3 401.5 When trade gets activated Keep a Stop loss Rs 6 below buy price Take care & Safe trading...!!!
Nifty has got a pullback but does it have the strength to go past the gap...??? Going Below 10080 will suggest no follow up buying... Going above 10130 may trigger little further short covering...
Rpower Cmp 36.75 T1 38.5 T2 40.80 Keep a small Stop at 36.3 Take care & safe trading...!!!
Asian Paints CMP 1148 Last time we took a short in Asian Paints at 1186 and booked profits at 1147... Now the stock is back at 1147 but has broken blue trend line and today if closing is below 1154 then it could be dicy for Asian Paints as it would breach the trend line on weekly closing basis... It could head lower towards 1131 below which might suggest...
Nifty CMP 10118 If you have been following us, you will see we have been cautioning Nifty since 10340-10398 levels. Last time target given was 10120. It achieved that target on Friday and it has been 3 days since and Nifty is still hovering at 10120 giving the red trend line it's due respect... However the current set up suggests staying below 10200, Nifty...
Bank Nifty Closing Price 25124.85 We have RBi Policy tomorrow... As per Andrew's Pitchfork Strong resistance at 25480 Crucial zone 25180 - 25080 Support at 24820 levels We have identified important levels and we keep ourselves ready. Will update this thread further during market hours... Take care & safe trading...!!!
ICICI Bank Closing price 305.25 The stock is at make or break levels. Keep a close eye as opportunity could be in any direction.... Sustaining the zone of 302-305 the stock has the potential to head higher T1 314 T2 318 SL 298 Breaking 302 the stock may get weaker and probability of testing & trying to fill the gap zone increases T1 288 T2 276 SL...
Idea CMP 92.8 Sustaining below 92.5 T1 91.6 T2 88 sl 94.5 Take care & safe trading
Biocon CMP 518 The stock is up big time on news of USFDA approval for Herceptin biosimilar, but charts had already indicated to expect some positive reaction. Notice how the stock had closed (Friday's closing at 447) well above the previous high of 438.85 indicating strong buying by strong buyers expecting positive outcome... You don't need any rocket science...
A batsman’s (trader’s) approach to his batting (trading plan) depends on Whether he is playing: - Test match (Long term investment) - One day International ( Medium term) - T20 match ( Short term / Leverage trade) - Or for that matter a Rain hit T20 match ( Intra day High leverage high risk trade) While playing a test match a batsman’s - Focus is on avoiding...
Hi every one Hope u all are doing good... With Friday done and weekend ahead just thought of posting a thought... which you can read before you go to bed... & if it makes sense do let me know what you guys thought of the thought... :-) ______________________________________________________________________________ So Is trading all about buying and...
Nifty CMP 10253 Look to sell for target 10160 / 10120 Idea being previous support may act as resistance now... Stop loss if goes 10280 Take care & safe trading...!!!
IOC CMP 393 Last month on 16 Nov when IOC was at 393, we covered the stock and expected it to consolidate between 380-410... Well November month ended and guess what where the stock ended. It was still at 393... One may consider to sell as mentioned in the chart It can fall to 374 / 368 levels Pattern gets invalidated if IOC closes above 405 levels Take...
Nifty Nifty is at important Fibonacci retracement level and it may act as resistance.... Just be careful.... Take care & safe trading...!!!
SBIN CMP 332.4 The stock opened gap down at 329.9 and is now back at 332.40 The current rise may just be to fill the gap... If resisted the stock could be heading back lower towards 328/ 324 levels Take care & safe trading...!!!
DLF CMP 231.3 The stock is at important 1.618 Fibonacci extension level The zone of 232-236 may act as resistance in the current month Target 229 / 225 Take care & safe trading...!!!