NOTE: 1-Stock was created a double bottom on weekly chart 2-Stock after raising tariff has seen targets re-iterated 3-Need daily close and a weekly close above 611 4-A close above the levels of 611 will lead to fresh expansion in coming week and month TRADE -Since stock is volatility a deep stop is required -Do not over trade AUG FUT/SEPT FUT Buy@611...
ITC AUG FUT/CASH BUY@209-209.5🧿 STOP@202🪓 TARGET-1@216🎯 TARGET-2@223🎯🎯 TARGET-3@229🎯🎯🎯 -itc is long good for upside after its bearish trendline break -classical pullback to the trendline is seen -ready for expansion -target levels are based on trading ranges -expansion is seen above this levels
-wait for a close above 7070-7090 on daily chart -trade in futures or option of aug/jul contract -once pattern is complete then look to add long position -oi data is suggesting built-up FUTURES TRADE ULTRACEMCO FUT BUY@7100(need to close above) STOP@6980 TARGET-1@7340 TARGET-2@7490 TARGET-3@7630 -i expect even higher levels -but before that will it test...
BAJFIN FUT BUY@6140 STOP@6070 TARGET-1@6190 TARGET-2@6225 TARGET-3@6280 QTY=125 -STOCK MIGHT BREAKOUT OF ITS TRADING ZONE -MGMT COMMENTARY LAST EVENING -OVERHANGE DONE -BEARISH TRENDLINE BREAKOUT -BULLISH FLAG POTENTIAL BREAK TRADE ACCORDING TO RISK APPETITE DO NOT OVERTRADE
BANKNIFTY FUTURES BUY@35245(TRIGGER) STOP@35045 TARGET-1@35450 TARGET-2@34575 TARGET-3@35690 CLOSE ABOVE 35750 WILL LEAD TO EXTENSTION ON THE UPSIDE -INSIDE BAR BREAK TRADE -BEARISH TRENDLINE BROKEN ON HOURLY/30-MIN CHART -EXPECT SHORT-COVERING IF MARKET SUSTAINS ABOVE 35100/35200 -GOOD RISK/REWARD RATIO "TRADE WITH YOUR RISK BEARING CAPACITY" "DO NOT OVER TRADE"
CHOLA FIN FUT BUY@516.5(ONLY)/(WAIT FOR IT) STOP@509🪓 TARGET-1@524🎯 TARGET-2@530🎯🎯 TARGET-3@535🎯🎯🎯 CONDITIONAL TRADE IN CHOLA FIN FUT -WAIT FOR THE PRICE TO MOVE ABOVE 516 -TILL THEN TRADE IS NOT ACTIVE -ASCENDING TRINANGLE PATTERN BREAK POSSIBLE IN SHORT-TERM -RANGE BETWEEN 505-545 -BEARISH TRENDLINE BREAK "DO NOT OVERTRADE" "TAKE RISK AS PER APPETITE"
HDFC BANK POSITIONAL TRADE -POSSIBLIE BREAK FROM BULLISH CHANNEL -EXPECT TO LEAD THE NEXT BANKNIFTY BULL RUN -ONE MAY LOOK FOR JULY FUT/JULY 1500 CE TRADE SHOT: HDFC BANK BUY@1490(ABOVE 1489 ONLY) STOP@1455 TARGET-1@1525 TARGET-2@1548 TARGET-3@1567 QTY=YOUR CHOICE TRADE SAFE TAKE AFFORDABLE RISK ONLY MARKETS ARE FACTORING GLOBAL NEWS SHORT-COVERING ON...
THE STOCK CORRECTED ON MONDAY DUE TO SECURITES BAN ONE CAN EXPECT BIG MOVES IN INDIABULLS HOUSING FIN NEED WEEKLY CLOSE ABOVE 265 FOR BREAKOUT ONE CAN CONFIRM A VIEW OF 380/450 AND BEYOND CASH TRADE IN INDIABULLS HSG FIN BUY@265(CLOSE NEEDS ON DAILY CHART STOP@240 TARGET-1@287-293 TARGET-2@306 TARGET-3@330 QTY="YOUR CHOICE"
SUMMARY FOR RELIANCE -stock has formed multiple tops and bottoms on weekly chart -a break in a falling trendline is possible -wait for a confirmation -we are about to enter the supply zone -a weekly close above the supply zone will lead to re-rating in the stock "WEEKLY CLOSE ABOVE 2240 IN FUTURES /SPOT IS IMPORTANT FOR NEXT EXTENSION" "WAIT FOR A...
SUMMARY -after almost three weeks later since our last post -nifty has finally broken out of its flag pattern -it was initially shared as whether the pattern as failed or still in formation -and as per our expectation nifty after closing above 15045 has started a fresh leg of rally OBSERVATION Why this time the breakout successful? -dashing rally from ...
SUMMARY:- -stock is has tested its major demand zone of 150-160 -with a strong upmove today and expectation that financials will lead the rally -one can expect m&m fin to outperform in coming days or weeks -one can enter a positional long with june contract -it is heavily oversold so expect short-covering in coming days TRADE:- M&M FIN JUNE FUT...
SUMMARY:- -stock is breaking out of pattern -nifty looking to scale to new highs -market looking good on the upside -hdfc can carry financial rally HDFC CASH/SPOT TRADE BUY@2510-2500 STOP@2460 TARGET-1@2575 TARGET-2@2650 TARGET-3@2750 NOTE:- -one can choose futures as per their choice -trade by accepting market knowledge -try to avoid taking unwarranted risk
-FLAG PATTERN BREAKOUT IN INTRADAY CHART -STOCK OUTPERFORMING IN FALLEN MARKET -BAJAJFINSV ALREADY MADE A NEW ALL-TIME IGH -BAJFIN SHOULD FOLLOW JUMBO POSITIONAL TRADE BAJFIN MAY FUTURES BUY@5540(ABOVE) STOP@5340 TARGET-1@5700 TARGET-2@5820 TARGET-3@5940-5960 QTY=125(LOT SIZE) YOUR CHOICE
-AS PER CONDITION NIFTY NEVER CLOSED BELOW 14200 AND ITS 100-EMA AND IT BOUNCED BACK -AFTER A BREAK IN THE LOWER HIGH AND LOWER FORMATION WAS SEEN IN CLOSING BASIS LONG POSITIONS WERE AVAILABLE -EXPLAIN IT CLEARLY ABOVE 14700 WE SHALL SEE SHORT COVERING -EXECUTED LONGS WHEN INDEX FUTURES CLOSED ABOVE 14640 -NOW WE HAVE ALMOST AGAIN REACHED THE TOP OF THE...
FIRST AND FORMATION CRUCIAL LEVELS ON NIFTY AND OBSERVATION :-NIFTY SUPPORT ZONE IS FROM 14238-14267 :-PATTERN IS A BULLISH FLAG :-TODAY LOW IS ALSO THE LEVEL OF 100-EMA (1-LOOK AT THE CHART) OBSERVATION:- -NIFTY IF WATCHED CLOSELY IS TRADING IN A BULLISH FLAG PATTERN -WHICH INDICATES THAT BOUNCE IS EXPECTED FROM CURRENT LEVELS -TODAY ALSO THE INDEX BOUNCED...
"FROM PAST SERVERAL DAYS OI ANALYSIS ON BANKING STOCKS AND BANKNIFTY INDEX INDICATED LONG UNWINDING" "ALL OUR PREMIUM TRADERS MADE HEALTHY MONEY IN BAJFIN/BANKNIFTY" "CHECK THE LINKS IN THE SIGNATURE BOX" "REGULAR UPDATES ON INDEX AND ANALYSIS IS PROVIDED" ANALYSIS -index is now trading below its previous all time high -this indicates negative is extreme -this...
"AFTER SUNPHARMA AND GLENMARK TURNING OUT TO BE A BIG TRADE" BIOCON IS TUNRING OUT TO BE A BIG TRADE BREAKING OUT OF THE ASECNDING TRIANGLE ON OTHER SIDE THERE IS A HUGE GAP BETWEEEN 442-426 LOOKING GOOD FOR UPSIDE "NOTE TRADE ONLY IF STOCK PRICE CLOSES OR TENDS TO CLOSE ABOVE 423 IN FUTURES" TRADE BIOCON FUT...
CONDITIONAL TRADE IN GLENMARK IF CLOSES ABOVE 489 BUY@490 STOP@470 TARGET-1@510 TARGET-2@518 TARGET-3@525 QTY=YOUR CHOICE