samparkamaity65

samparkamaity65

10 year GSEC should shed the gains in the next few days. SL should be on or above 95.76 with appropriate 1:1 to 1:2 RR ratio at least targets can be 94.5 , 93.67 levels my choice would be to sell on a flat open with 60-70% position size add more shorts on rise add the rest when the low breaches

samparkamaity65

ICICI although a good bank, should be avoided for going fresh longs at least for the next few days or months

samparkamaity65

Kotak is one of the top most banks in India which has significant weightage in both Bank nifty and Nifty 50. also, considering the history of price movements, Kotak has never breached the 200 day moving average significantly and went down except the 2008 crash. The most recent example was the covid crash where it took heavy support. i would say the 200 DMA would...

samparkamaity65

Support shown is a good price for long term collectors to add also, if it gets breached, I would say wait for a decent % of correction before start averaging down

samparkamaity65

My idea for the future Nifty if goes above 17600, a good chance for a new momentum

samparkamaity65

possible upper trend in future dates

samparkamaity65

Nifty started a new bullish trend during the first day of february which stopped at near 15450 levels and since then nifty has been following a falling channel pattern and has corrected almost 8%. Formation of an inverted hammer that too near the breakout point shows significant selling pressure i believe, if we break the low of this hammer which is 14420...

samparkamaity65

Possibility 1 :-Gap fill and continue up trend Possibility 2 :-Gap fill+ retest of falling wedge supply zone but but!!!! times are hard, covid 19 cases are continuosly rising at an alarming rate and this same type of market structure nifty formed last year before crashing down to near 7500 levels last trading day foreign investors sold a whopping 3500...

samparkamaity65

HDFC bank if in a short term down trend since a long time till now it has been corrected near 12-13% 1300 levels seems a very goodoption to start on collecting for long and short term both reasons why these levels are good 1) near previous all time highs which mean heavy resistance will be there which indirectly means a good support zone for future bull runs 2)...

samparkamaity65

Both type of trades possible

samparkamaity65

Adaniports is at a very good level near trendline and a 50MA support on daily time frame is giving a very good sign

samparkamaity65

Perfect breakout plus restest almost done add on dips

samparkamaity65

paralle channel forming in NIFTY since the start most probably we will be seeing another small downside and then a possible recovery PS: keep in mind that covid will influence a lot during this period so trade wisely

samparkamaity65

SBIN forming falling channel patter on higher time frame possibility of a buy above 346

samparkamaity65 Updated 

#ultratechcement showing weak signs with nifty breaking its trendline today, market may be bearish for the next week also, RSI is near 40. if ultratechcement breaks trendline, you can easily short it for good profits if it takes support at the support zone, then go for a long position. market is supreme and we should always respect the trend #stockmarketindia ...

samparkamaity65 Updated 

MFSL forming double top formation if it takes support from the blue zone, you can try going long else, if it breaks the trendline, you can go short disclaimer: markets can be irrational since budget is near.So trade wisely

samparkamaity65 Updated 

Broke long term trendline forming inverted head and shoulder pattern perfect restest done very good stock for portfolio above 64 target 1 can be near 80 second target can be psychological level 100

samparkamaity65 Updated 

If reliance breaks this resistance we can have a bearish view on reliance Reliance will again come inbetweeen the levels where it faces resistance