INTRADAY TRADE IN UPL 470 AUG CALL OPTION BUY@26.85 STOP@24.5 TARGET@30 QTY=1300
-INDEX HAS MANAGED TO CROSS OVER 11240 -WHICH INDICATES THE MARKET HAS BROKEN OUT OF A 3-DAY INSIDE BAR TRADING RANGE -LAST TIME THIS EVENT HAPPEN WAS AT 9160 MARKET TRADING INSIDE A RANGE OF 9160-8820 AND AT 10755-10560 -BOTH THE TIME AFTER A BREAKOUT MARKET RALLIED FOR ATLEST 500 POINTS -11247 WAS A CRUCIAL LEVEL FOR THE INDEX IN FUTURES MARKET AND WE...
STBT TRADE IN HCLTECH AUG FUTURES SHORT@697 STOP@705 TARGET@682 QTY=2800
BTST TRADE IN NIFTY AUG FUTURES BUY@11225 STOP@11185 TARGET@11280 QTY=300
INTRADAY TRADE IN HDFC AUG FUTURES BUY@1916 STOP@1902 TARGET@1935 qty=600
INTRADAY TRADE IN BAJAJ FIN AUG FUTURES BUY@3270 STOP@3238 TARGET@3304 qty=500
BTST TRADE IN M&M FIN FUTURES BUY@135.8 STOP@131 TARGET@142 QTY=3444 LOT=2
BAJAJ FINSERV REVIEW -THE STOCK TOOK SUPPORT AT 6150 LEVELS -WHICH NEAR TO ITS 20-EMA AND STOCK BOUNCED BACK FROM ITS 100-EMA -NOW THE STOCK IS TRADING IN A PERFECTLY PLACED CHANNEL -ANY DIP IS A BUYING OPPORTUNITY -INITIAL TARGET IS 6600 -THEN RUN INTO ITS 200-EMA -IF CONQUERS THEN CAN RIDE HIGHER -"BUY ON DIPS" WITH A STOP BELOW 6150 AND STAY LONG IN THE TRADE
-I HAD SHARED A WEEKLY IDEA OF BANKNIFTY ASCENDING CHANNEL PATTERN -INDEX MANAGED TO REVERSE FROM THE SUPPORTED TRENDLINE -BANKNIFTY DOWNSIDE LOOKS CAPPED BECAUSE THERE ARE MULTIPLE SUPPORTS -FROM MOVING AVERGAGES TO FIBONACCI LEVELS TO SUPPORT ZONES -CRUCIAL SUPPORT IS PLACED AT 21960 AND 21600 -INDEX DID NOT ONLY CONQUER 2196O IT MANAGED TO CROSS ABOVE 22000...
L&T FUTURES TRADE BUY@917.5 STOP@909 TARGET@933 QTY=550 LOT=3
-INDEX HAS MANAGED TO 11000 MARK ON A WEEKLY BASIS -11247 IS A CRUCIAL LEVEL FOR THE INDEX -ONCE THE LEVEL OF 11247 IS CONQUERED NEXT TARGET WOULD BE 11340-11410 -A CROSS ABOVE THAT WILL ALLOW INDEX TO TEST 11500 -MARKET IS GETTING INTO OVERBROUGHT POSTIONS IN SMALLER TIME-FRAME -ON DAILY CHART RSI TOOK SUPPORT AT LEVELS OF 60 AND NOW IS TRADING AT...
BANKNIFTY TRADE SETUP FOR THE WEEK -INDEX ON FRIDAY BROKE BELOW THE RANGE OF PREVIOUS INSIDE BAR WHICH IS USUALLY BEARISH -BUT I BELIEVE IT TO BE A TRAP ON THE DOWNSIDE AS MULTIPLE SUPPORT ARE RISING -INDEX HAS MANAGED TO HOLD ON TO ITS 100-EMA PLACED AT 22422 -ANOTHTER 20-EMA RISING AT 21121 -RISING TRENDLINE ON DAILY CHART INDICATE GOOD SUPPORT AT LOWER...
MOMENTUM TRADE IN SBIN FUTURES BUY@192.5 STOP@189.5 TARGET@196 QTY=3000
ITC JUL FUTURES TRADE BUY@201.25 STOP@199.25 TARGET@204.25 QTY=3200
MOMENTUM TRADE IN MANAPPURAM FIN FUTURES BUY@178.25 STOP@176 TARGET@180.75 QTY=6000
BTST TRADE IN CHOLA FIN FUTURES BUY@222 STOP@219 TARGET@227 QTY=2500
-BANKNIFTY IS LOOKING STRONG -A CLOSE ABOVE 22800 INDICATED TO US THAT 23070 MY PERVIOUS RESISTANCE WILL BE TESTED -ICICI BANK ADR WAS UP BY 6% -THIS WILL ALLOW INDEX TO OPEN NEAR 23070 -ONCE 23070 IS TAKEN OUT ON 30-MIN CHART -I EXPECT BANKNIFTY TO MOVE TOWARDS 23480 -BREAKOUT TRADE ON THE CARDS WATCH OUT -CRUCIAL RESISTANCE IS A 23070 -CRUCIAL SUPPORT IS...
NIFTY TRADE SETUP -SGX IS SHOWING A FLAT TO POSITIVE START -NIFTY INDEX HAS CLOSED THE GAP BETWEEN 11022-11135 -ONCE GAP COVERS AND MARKET WILL SHOW STRENGTH -NEXT TARGETS ARE 11240-11342 -A CLOSE ABOVE 11380 WILL SEE INDEX MOVE TOWARDS 10530-11600 -CRUCIAL SUPPORT IS NOW PLACED AT 11125 -CRUCIAL RESISTANCE IS PLACED AT 11240 -"BUY ON DIPS" WAS RECOMMENDED...