piyushrawtani

Follow on twitter @piyushrawtani for live trading ideas . PCJ is expected to touch the weekly support of 36.5 and has been forming 5 NR candles on hourly , Can sell below 38.5 with SL 40.5 and targets , 36.5

Follow twitter @piyushrawtani for live trading ideas . BIOCON opened below support this week and closed strongly above levels with good buying ,trapped shorts will exit if trades above 256. Can Buy above 256 for long term targets of 278 and stop loss of 243 .

Follow on twitter @piyushrawtani for live trading ideas . VEDL has broken out of a bear flag with good selling , can go short at CMP with a stop loss of 176 and targets of 150-147 in coming days .

Follow on twitter @piyushrawtani for live trading ideas. How strong is the urge to buy beaten stocks? YESBANK is being dumped quietly and nicely by smart money , falling and making lows with volume on the weekly chart. Can go short at CMP with stop loss of 115 and targets of next support level of 80 in coming weeks .

Follow on twitter @piyushrawtani for live trading ideas and other stuff . Just ask a normal person , hows your day? Its usually filled with anger , tiredness , frustration , hope and mixture of thousands of emotions . Ask him hows life , And answer would usually be "Inspite of every ups and down, It's good " NIFTY is just an expression of how people behave ,...

Follow on twitter @piyushrawtani for live trading ideas . JD is forming a head and shoulders pattern on a declining volume after a parabolic move . Can go short at CMP with a stop loss of 700 and targets of support level of 700 and 675 .

Follow twitter @piyushrawtani for live trading ideas . Shared #ibulhsgfin on april for short setup , target for 650 achieved long back . Good buying seen today at high volume . Now can buy back for targets of 775 / 800 in coming weeks .

KOTAK BANK has formed a rounding top and broke down with good selling and closed below support . It has formed 5 NR candles today . Can go short below 1475 with stop loss of 1515 and targets to trendline support of 1420 .

Follow on twitter @piyushrawtani for live trading ideas. BEML has broken out of rounding top on hourly with good momentum . Can go short below 918 with a stop loss of 935 for targets of 895 and 850 .

IBULHSGFIN fell sharply today and now expected to fall further . It has formed an inside bar on the hourly . Can sell below 728 with stop loss 740 for targets of 707 and 670 .

Gave idea of YESBANK long few days back but it failed to hold a strong support level and has now retraced back and has formed an engulfing pattern . Can go short below 146 with a stop loss of 159 for targets to next weekly support level of 135 and then 120 .

COALINDIA gapped up above a resistance level but closed below with sharp selling . Can go short below 252 with stop loss of 263 and targets to next support level of 244 / 232 .

Follow me on twitter @piyushrawtani for market ideas and other stuff . This is in continuation of Nifty political analysis posted last year , exit polls sentiments have created a perfect scenario for nifty to make a new high during results . 1. Gapped up and closed above a resistance zone by 200 points . Trapped shorts so expect short covering which can take...

BITCOIN has formed a rounding top on hourly and broke the neckline with good volume . Now is retracing the the neckline . Can go short at CMP with stop loss of 7,550 and target of support of 7000 .

TATAMOTORS is moving in a channel and has formed two narrow range bar on hourly . Can go short below 174.8 and stop loss 180 for target of 165.

Target : 2710 Sell Below : 2787 Stop loss : 2840 After panic in pharma sector today , more selling can be seen tomorrow . DRREDDY has broken from a support and has formed an inside doji on hourly. Can sell below 2787 for targets of 2787 in coming days. Can sell on rise as long as doesnt go over 2850 . Follow me on twitter @piyushrawtani for live ideas and other...

Shared Bank nifty few days back as it might test support level of 28,400 . TGT about to achieve . Sharp selling can be seen and it formed a head and shoulders pattern and broke the neckline , retested and now falling more . If it falls below 28,400 , next target can be 27,700 which is next support level and measured move of approx height of the H & S pattern .

Last week shared reliance idea which moved as expected , now it has fallen much and after forming a double top has broken the line with good selling , one can go short on pullback to 1300- 1320 levels . Might expect to test the weekly bullish trendline which is at 1200 levels.