INTRA-DAY TRADE IN CADILLA MAY FUT BUY@338.5 STOP@333 TARGET@345 QTY=4400 RATES ARE AS PER SPOT PLEASE ADJUST FOR FUTURES
INTRA-DAY SHORT TRADE IN CIPLA MAY FUT SHORT@610.45 STOP@616.45 TARGET@602.45 QTY=3450 RATES ARE AS PER SPOT PLEASE ADJUST FOR FUTURES
INTRA-DAY SHORT TRADE IN WIPRO FUT SHORT@190.4 STOP@192.5 TARGET@188.7 QTY=6400 RATES ARE AS PER SPOT PLEASE ADJUST FOR FUTURES
SHRIRAM TRANS FUT SHORT@723.2 STOP@748.3 TARGET@695 QTY=1200 SRATES ARE AS PER SPOT PLEASE ADJUST FOR FUTURES
NIFTY WEEKLY CHART ANALYSIS -SINCE 9TH 2017 OCT 9950 HAS BEEN A CRUCIAL SUPPORT FOR THE INDEX QUIET A FEW TIMES -REMEMBER HIGHER THE TIME-FRAME STRONGER IS THE SUPPORT/RESISTANCE -WE TOOK LOT OF TIME TO BREAK ABOVE 9950 INITALLY -BUT SINCE OCT OF 2017 WE HAVEN'T GONE BELOW IT -DUE TO THE PANDEMIC THE LEVEL WAS FINALLY BROKEN IT TRAPPED SOME SHORT PLAYERS -BUT...
NIFTY WEEKLY CHART SHOWING EXHAUSTION NOTE:- VIEW IS ONLY FOR TRADERS WILLING TO BEAR THE RISK IT IS NOT A TRADE SUGGESTION FOR FUTURES TRADE TRADE MIGHT CREATE TRADES IN OPTIONS SINCE IT WILL LIMIT THE DOWNSIDE VIEW:- RSI HAD GONE BELOW 25 TODAY FOR THE FIRST TIME SINCE OCT 2008 MACD MOMENTUM BAR IS -227 WAS EVEN BELOW THAT BUT MANANGED TO COVER...
HISTORY REPEATS MARKETS WERE OVERSOLD ON EXTREME LEVELS AFTER CARNAGE I EXPECT SOME BUYING PLEASE TRADE WITH CAUTION I WOULD SUGGEST TRADE WITH OPTIONS TRADE VIEW BUY @CMP STOP@8400 TARGET 1 @9100 TARGET 2 @9400 TARGET 3 @9950 WATCH RSI BELOW 35 FOR THE FIRST TIME IN 20 YRS
POSITIONAL LONG IN ITC VIEW -STRONG REVERSAL FROM MAJOR SUPPORT LEVEL -RSI REVERSAL FROM OVERBROUGHT ZONE -POSITIVE MOMENTUM IN STOCK TRADE VIEW DEC FUT BUY@242 STOP@236 TARGET 1@248 TARGET 2@253 LOT:2400
ICICI BANK-VS-ICICI PRU LIFE INS PAIR TRADE EXECUTE THE FOLLOWING ICICI PRU DEC FUT BUY@497 QTY:1500 ICICI BANK DEC FUT SHORT @540 QTY:1375 !!EXECUTE BOTH TRADES!! !!STATISTICAL ARBRITRAGE!! !!HOLD FOR GAINS!! !!FOLLOW UP-FOR UPDATE!!
HINDPETRO-VS-IOC PAIR TRADE EXECUTE THE FOLLOWING HPCL(HINDETRO) DEC FUT BUY@267.2 QTY:2100 CASH (DEL): BUY @266.25 QTY:1235 IOC DEC FUT SHORT @127.4 QTY:7000 (3500*2) !!EXECUTE BOTH TRADES!! !!STATISTICAL ARBRITRAGE!! !!HOLD FOR GAINS!! !!FOLLOW UP-FOR UPDATE!!
!!PAIR TRADE PETRONET-VS-ONGC!! EXECUTE THE FOLLOWING ONGC DEC FUT BUY@126.5 QTY:3750 CASH (DEL): BUY @126 QTY:2745 PETRONET LNG DEC FUT SHORT @273.5 QTY:3000 !!EXECUTE BOTH TRADES!! !!STATISTICAL ARBRITRAGE!! !!HOLD FOR GAINS!! !!FOLLOW UP-FOR UPDATE!!
HINDPETRO-VS-OIL PAIR TRADE EXECUTE THE FOLLOWING HPCL(HINDETRO) DEC FUT BUY@267.2 QTY:2100 OIL(OIL INDIA) DEC FUT SHORT @155.5 QTY:3399 !!EXECUTE BOTH TRADES!! !!STATISTICAL ARBRITRAGE!! !!HOLD FOR GAINS!! !!FOLLOW UP-FOR UPDATE!!
MOMENTUM TRADE IN STATE BANK OF INDIA VIEW -MORNING STAR DOJI(VERY BULLISH) -MOMENTUM INDICATOR REVERSAL -200-DMA SUPPORT TRADE VIEW:- DEC FUT BUY@322 STOP@314 TARGET 1@332 TARGET 2@337 LOT:3000 QTY:2
LONG TRADE IN BANKNIFTY INDEX NOTE:- -THIS TRADE IS CONTRARIAN VIEW -TRADE WITH CAUTION VIEW:- -INDEX IS TESTING ITS 21-EMA AFTER A LONG TIME EXPECT A REBOUND -200-BAR EMA ON HOURLY CHART IS TAGGING ALONG WITH CRUCIAL RETRACEMENT LEVEL TRADING VIEW ACC.TO SPOT LEVELS BUY@31300 STOP@31050 TARGET 1@31600 TARGET 2@31750 LOT:20 QTY:5
BTST TRADE IN EQUITAS TRADE VIEW:- DEC FUT BUY@111.5 STOP@107 TARGET @115-117 LOT:4000 QTY:2
MOMENTUM TRADE IN BANKBARODA VIEW -THERE IS RISE IN OI +RISE IN PRICE -PIERCING LINE -CLASSICAL PULLBACK AFTER BREAK-OUT CHECK PREVIOUS IDEA TRADE VIEW:- DEC FUT BUY@104.5 STOP@100 TARGET 1@109 TARGET 2@115 TARGET 3@121(POSITIONAL) LOT:4500 QTY:2
SWING TRADE IN TVS MOTORS VIEW -RETEST OF 200-DMA -BOUNCEBACK -HAMMER (SIGNS OF REVERSAL) -GOOD RISK TO REWARD RATIO CHECK THE PREVIOUS IDEA CHECK THE PREVIOUS IDEA CHECK THE PREVIOUS IDEA TRADE VIEW DEC FUT BUY@450 STOP@443.5 TARGET 1@460 TARGET 2@470 LOT:1100 QTY:2
MOMENTUM TRADE IN AMBUJA VIEW -BROKE OUT OF SYSMMETRICAL PATTERN -RETEST THE BREAK-OUT LEVELS WITH A PULLBACK -ABOVE CRUCIAL RESISTANCE -RISE IN OI + RISE IN PRICE CHECK THE PREVIOUS IDEA TRADE VIEW DEC FUT BUY@205 STOP@200 TARGET 1@210 TARGET 2@213 LOT:2500 QTY:2