niftytrader

niftytrader

Long term trend totally broken. Longs only if we recover above the support line on weekly else it is a sell on every rise.

niftytrader

The head of around 9 rs will take it to near 86 region if the pattern plays out.

niftytrader

Look for a long upper wick in the candle and go short with a stop above it...The pattern is playing out very nicely last many times.

niftytrader

With the massive move yesterday, it has given a lot of room to the bulls to take rest and restart. Keep a watch on the support Tl and the gap . Major fall fear only if 10100 is breached

niftytrader

we can expect it to reach its recent peak near 100. Keep stops at 70

niftytrader

Above the previous few days high at 10279, it was a clear long trade in Nifty (spot) with a stop at the days low. We can now trail this till the immediate targets as shown

niftytrader

with stops at days low for a positional setup

niftytrader

Can stay long on dips with 200 DMA as stops..

niftytrader

A study of the forming pattern suggests we could be in for a long break. After close of this candle if it closes at the lowest of the quarter and if we confirm the inverted hammer by going below, there may be pain ahead. Then again the efficacy of candlesticks remains at best limited.

niftytrader

The global sugar chart is forming look like bottoming out and here on sugar charts new lows are NOT being made with nifty...there seems to be a sectoral outperformance so far in last few days. Can keep a look on dhampur if crosses recent pivot near 170, and go long with stops are recent lows.

niftytrader

Below recent lows, can go short with Stops near 76.50

niftytrader

As per the TL , if we break the todays low at 24650 odd, a short trade with stop at days high will be in place!

niftytrader

The stock has gone into a H&S pattern below the neckline... Unless we are able to break the neckline and invalidate the pattern, the target is pretty deep for now.

niftytrader

If SAIL climbs back above this break down line, it may be a good buy above 76 with stops at todays lows

niftytrader

Dhampur : Last major support if this is given up, the entire upmove will get decimated. Can try to buy if stock starts to bounce with strict stops below the support

niftytrader

Dow" A close below 25408 is a short with todays high as stop

niftytrader

RCOM: is it a BIG breakout!! Buy the break with days low as stop

niftytrader

Can go long here with stops at the triple bottom!! #Discrtionary trade