raj_rishav

raj_rishav Updated 

Riskier Strategy: Short at CMP or following ORB on 5/15 min candle based on market volatility. Risk Averse: Short below 217.5 for targets of 215, 212.5, 210 with SL at 220

raj_rishav Updated 

Hero broke out of its long term bullish channel on the account of Rs. 25 Dividend - so a price correction was only expected. The breakout may well be a rejection like we have seen earlier and it took a sharp pullback from 200 HEMA which has acted as a support on all previous breaks from the channel. Positional ideas: (I will wait for confirmation with a close...

raj_rishav Updated 

A good buy at CMP (or dips) for targets of 640, 645. A close above 646 (200 DEMA & Long term support/resistance) on Hourly chart can open higher targets too!

raj_rishav Updated 

Short below 89.5 for 88, 86, 84 with SL at 92

raj_rishav Updated 

Looking good buy at CMP (or buy on Dips) for Short term buy (Up to Friday) - Targets 210, 215, 220 with SL at 195 For details of Fib retracement levels, refer the linked idea. If market & BN doesn't come crashing, Go long on August Futures or OTM options. For Intraday, It may be a risky trade - trade in the direction of market.

raj_rishav Updated 

Massive OI Short Covering seen today with the monthly expiry and BN bounced from 21600. Expect good upward movement tomorrow - either way. Positional Ideas Go long if it sustains above 188 on the 15 minute chart & BN retraces above 21950 for targets of 190, 193, 195.8 with SL at 184.8 Short only below 184.5 (sustaining below on the 15 min chart) for 182, 180,...

raj_rishav

Buy if it closes above 586 on the 15 min chart for targets of 598 & if it sustains above 600 then higher targets.

raj_rishav Updated 

Hidden Divergences indicate the uptrend in price should continue. The price action candle pattern supports the hypothesis. So unless, its a super Bearish Market tomorrow, it should be a good trade! Go Long above 154.5 for 156, 157, 160 (if it sustains above 157.3 - 50 DMA) with SL at 153

raj_rishav

ICICI Bank has taken support from 50 DMA continuously. Looks good for going long on the long term horizon. Buy Aug Futures at CMP for targets of 360, 370, 375 with SL at 340. (Adjust for Future Prices) or Go Long on August Expiry Slightly OTM options

raj_rishav Updated 

Entry Point above 2350

raj_rishav Updated 

The stock rebounded from 50 DSMA. I expect the stock to have another Doji between 100 DEMA at 112.7 which has acted as a strong resistance and 50DSMA at 107 Follow ORB in the direction of NIFTY for the aforesaid targets. A clear break above 113 on the hourly chart should open significant upswing! Beware of Bull Traps though. Check for confirmation.

raj_rishav Updated 

Shooting star on daily chart! Short below 163 for 160 with SL at 164.5

raj_rishav Updated 

Stock is sitting on VWAP making doji highways after initial upswing. Very good volumes on sell side make it an attractive buy. Buy at CMP for 52.6, 53.5, 55 with SL at 51

raj_rishav Updated 

If SBIN stays above 190 on 15 min candle & BN sustains above 22150 Go Long for targets of 192, 193, 195.8 with SL at 188 If BN breaks 22500 - stay in for more upside targets

raj_rishav Updated 

Go long above 2236 for 2260, 2280, 2300, 2320 & 2350 with SL at 2220

raj_rishav Updated 

ITC is trading in a value area. Strategy 1 (Risk Averse but High Margin needed) :Sell Aug 200 CE & Aug 190PE as NMRL - Enjoy the benefits of Theta - Buy back when ranged target gets reached. Strategy 2 (Riskier) : Buy 195 CE and 195 PE - Sell when range hits on either side.

raj_rishav Updated 

Buy at CMP for 88, 89, 90 with SL at 87. Keep trailing SL as Earnings Release can lead to large upward movements. Please adjust for Future Prices. or Go Long on Aug 90 CE

raj_rishav Updated 

Please refer the linked upar Jane ka raasta idea for Fib retracement levels. Positional trades: Buy above 916 for 924, 930, & 940 with SL at 904.5 If it sustains 940 on hourly chart, can see further upswing to 965, 980 & 1000.