soumitra_chakravarti

soumitra_chakravarti

GBP still slouching based on current Brexit talks CAD getting stronger given current elections trends and general public policy outlook Technical sides indicate a good resistance levels Long term oscillators indicate sell Long term moving averages indicate sell

soumitra_chakravarti

NSE:TATAMOTORS Strong pullback anticipated considering market being bottomed out

soumitra_chakravarti

ICICI may pullback long from recent selling as it's bottomed out! NSE:ICICIBANK

soumitra_chakravarti

NSE:BANKNIFTY Bank Nifty bounced back strongly today morning from a strong support, you can buy the pullback as this level is likely to be defended. R:R > 2 Max Capital Risk 2%

soumitra_chakravarti

OANDA:EURUSD 30 min chart short @ resistance

soumitra_chakravarti

NSE:TCS It's time for a correction in this stock, the momentum at which it's touching previous higher valuation is significantly less in-spite of earnings. Trade Ideas: If TCS is a big chunk of your portfolio (which is true for most of investors) you may want to think of booking some profits at these levels You can hedge your risk by buying 0.55 delta PE...

soumitra_chakravarti

IDFCFirst after a downtrend and consolidation has now taken a swing to test it's previous top. Can take out 50% at Target Price and observe, price may consolidate again and go higher from TP; you can add to your position in this case (excluding your profits), if prices breaks down book remaining and exit trade; you can even trail 50% stop loss with ATR R:R >...

soumitra_chakravarti

FX_IDC:CADAUD Going Short on the first pullback of continuing downtrend R:R > 2.2 Max risk 1% of capital

soumitra_chakravarti

NSE:BANKNIFTY Bank Nifty is losing momentum, elections are going to pay a major roll so keep a look out for poll predictions may cause market volatility. Possible Trades when BN index touches the levels marked in the chart Sell BN 31000 CE + Buy 31500 CE May Monthly Contract Short BN Future May Contract + Buy 2 CE (0.34 Delta) May Monthly Contract

soumitra_chakravarti

FX:USDCAD Gain in Momentum R:R > 2.5 Max Risk - 2% of capital

soumitra_chakravarti

FX:GBPCAD Price has higher probability to bounce upward from support R:R is 2.6 Capital Risk not more than 2%