RBI's loan restructuring for MSME may have a positive effect on Bandhan Bank's price. ( Or opposite Jumla! but I won't take short trades tomorrow). Positional Ideas: Buy above 308.8 for 313, 315.5, 320, 330 with SL at 303 (I would take these only - explained above) Sell below 295 with for 285 with 5 point trailing SL Quote- Typically a loan restructuring...
Positional: Go long above 195.8 for 198 with SL at 194 Short below 194 for 192
The stock is on consolidation mode. A big move before earnings is pending; may happen tomorrow or on Monday. Range is indicated on chart Go Long above 176.8 Short below 175.4
Everything on chart. Will take Positions through options only when trend line breaks on either side as shown. Scalp away till then.
Go long above 86.3 for 88. Refer linked idea for Fib Retracement levels
Looks good to me to Go long above 328.8 (High of the day) for 332, 335, 338, 340 with SL at 325/327 based on Target and Time Frame. Disclaimer: Being an Engineer + MBA Finance, I bet on my Strong Fundamentals & analytical skills! But I am new to technical analysis & trading (3 months now). Every weekend,I study some new trading concepts and publish analysis &...
Positional Go Long above 163.6 with SL at 160 Short below 156.5 with SL at 160
The stock is on an uptrend after the swing low getting rejections from 50DMA on 3 occasions now. If tomorrow's bullish trend continues, expect it to give good breakout above the 50DMA Go Long above 50.3 for 51, 52, 53 with SL at 50
Short below 1410 for 1400, 1390, 1380 with SL at 1425
ITC is one stock that is exhibiting 4 strong buy signals: 1. Price Action - The stock has been trading in a price action value area as indicated in the box. Can zoom out to get a better view. See the linked ITC idea on how to exploit it best. 2. Regular Bullish Divergence - There is a clear bullish divergence as indicated on chart. 3. Declining volumes also...
There are two main buy signals: 1. 100 HEMA pullback 2. 50% Fib Retracement Should be a good long trade above 2026 for targets of 2040, 2065, 2080, 2100 with SL at 1998 Alternatively, if NIFTY continues to be bearish will look to Scalp below 1990 for 1950 & subsequently 1925 (200 HEMA) with a 10 point trailing SL.