inteliigentrader

inteliigentrader

The analysis is given on the chart Comment if you have any query and if you like my analysis, don't forget to press the like button. I am not a SEBI registered investment advisor and hence do not follow my analysis blindly. Be aware of what you are trading and the risk associated with it. Stock market is risky and you can lose a lot of your capital. Be wise and...

inteliigentrader

The analysis is given on the chart Comment if you have any query and if you like my analysis, don't forget to press the like button. I am not a SEBI registered investment advisor and hence do not follow my analysis blindly. Be aware of what you are trading and the risk associated with it. Stock market is risky and you can lose a lot of your capital. Be wise and...

inteliigentrader

Analysis is given on the chart. Comment if you have any query and if you like my analysis, don't forget to press the like button. I am not a SEBI registered investment advisor and hence do not follow my analysis blindly. Be aware of what you are trading and the risk associated with it. Stock market is risky and you can lose a lot of your capital. Be wise and...

inteliigentrader

I am not a SEBI registered investment advisor and hence do not follow my analysis blindly. Be aware of what you are trading and the risk associated with it. Stock market is risky and you can lose a lot of your capital. Be wise and trade carefully! Grateful!🙏

inteliigentrader Updated 

HDFC is looking bullish as the overall activity inside the range has been very positive except the on bearish pin bar near the resistance. I would want a really strong volume expansion on weekly candle(something like 35-40 million) to confirm the present of strong buyers. Currently the volume has been falling from 26 May and I would prefer a strong close above...

inteliigentrader Updated 

Dabur is looking strong as the overall structure inside the range is bullish. Strong wide range candles suggest the presence of strong buyers, who were accumulating at lower levels inside the range, and now as the price is breaking out, I expect a huge upside momentum, which can cause Dabur to make a new 52-week high and can easily move towards 600 and above....

inteliigentrader Updated 

Adani Enterprise is looking bullish for a positional trade. Above 305 price can move with momentum. Confirmation can a bullish upthrust candle which breaks out of the larger range or above 305, with volumes>100 DMA volumes. The overall structure inside the range is bullish and the explanation for that is given on the chart. Any queries or criticism are welcome! I...

inteliigentrader Updated 

Analysis is given on the charts but I wanted to add another point. Volume expansion has been more than 2x the 100 day moving average of volume, suggesting that some big player is accumulating the stock and pushing the price up. As midcaps have become very attractive due to their returns as well as the SEBI norms regarding mutual funds, strong midcap stocks such as...

inteliigentrader

USDINR is looking bullish due to 2 reasons. First, a lot of tails are visible and tails are a sign of demand and we can expect the price to move higher with momentum. Second, a previous up move. During March, there was a strong rally towards 77 level and from there price is consolidating in a falling parallel channel. This structure is similar to a bull flag and...

inteliigentrader Updated 

PVR is looking weak and is a good candidate for short selling in tomorrow's session. This is a stock from my personal watchlist for intraday. The overall trend is bearish in PVR and so I am looking for selling opportunities in PVR. Volume has expanded whenever price has moved lower suggesting the bias of strong players to be negative. Always trade with the strong...

inteliigentrader Updated 

Overall structure for Tata Motors is positive and bearish wide range candles are missing since the past 2-3 sessions, showing that the demand is more than supply and hence price can rally higher. This setup is for intraday trading in tomorrow's session but the structure remains positive on the larger time frame and we can expect move towards 160-165 in the coming...

inteliigentrader Updated 

IndusInd has been trading in a range since the start of September and hasn't broken out on either side. As IndusInd Bank is a high beta stock, we can expect that the range breakout will cause a huge momentum move on either side. Just by looking at what is happening inside the range, bullish wide range candles are more than bearish wide range candles, showing that...

inteliigentrader Updated 

This educational idea shows how to use Fibonacci tool properly. It also shows how to achieve maximum probability while using the tool.

inteliigentrader

BPCL is a good candidate for a short term move. There were lots of tails visible inside the range, which is a sign of demand and the demand finally overtook the supply on Thursday, when price rose 6%. Price also broke out of the range and a trendline as well. There was price contraction as well inside the range, in the form of NR7 candles. Cluster of NR7, or...

inteliigentrader

Target of 317,325. SL is a must and should be according to your risk appetite. I am not a SEBI registered investment advisor and hence do not follow my analysis blindly. Be aware of what you are trading and the risk associated with it. Stock market is risky and you can lose a lot of your capital. Be wise and trade carefully! Grateful!🙏

inteliigentrader

Banknifty has been a major underperformer in the current market. This is majorly due to the heavy weights such as HDFC Bank, ICICI Bank, Kotak and Axis Bank not moving higher in a sustainable way and hence they correct 70-80% after a small rally. ICICI is a great candidate for a short term trade. Overall structure for ICICI Bank is looking bullish with 6 wide...

inteliigentrader Updated 

Mixed bias on this stock. Previous rally ended with a candle with a huge wick, which suggests that supply has entered the stock and can drive prices lower. But the overall price and volume situation inside the range suggests that the stock is looking bullish and might just be in a consolidation phase and might continue with the previous momentum and rally even...

inteliigentrader

Larsen and Toubro is looking good for an intraday trade for a little over 1.5% reward. Some of the other stocks from my personal watchlist include HDFC Bank, Concor, Mahindra Finance, IndiaBullHsgFin, GmrInfra, Indian Oil Corporation, Infy and Petronet. I expect these stocks to breakout with huge momentum. These may work for tomorrow's session, but if it doesn't...