srikartiram

srikartiram Updated 

It is quiet common, during Ex-Dividend and Record dates the stock price may fall. ITC is corrected and taken good support at Trendline support with convincing RSI divergence on the field CMP : 199 SL : 198 Target : 205 Risk reward 1:2

srikartiram Updated 

CMP : 1285 Tight Stop Loss : 1260 Target : 1320 Kind of 1:1 Risk reward Strong RSI recovery zone Strong support zone for the last 2 months

srikartiram Updated 

NIFTY facing resistance in 15, 30 min's time frames. Its a considerable resistance also with bearish divergence. Expecting gap may be filled. Current level : 10570 SL : 10610 Target : 10450

srikartiram Updated 

CMP : 187.50 SL : 184 Target : 195 1) This script attracted me due to its deliverable volume in the last few sessions, and such a tight consolidation near the support area. 26/06/2020 - 51.24% 3 Days average : 44.53% 5 Days average : 51.40% 8 Days average : 46.77% 2) Open Interest is increased drastically. PCR : 40.41% which is bullish

srikartiram Updated 

CMP : 1398 SL : 1375 Target : 1497 1:4 risk reward trade setup My favorite RSI bullish divergence, fingers crossed :)

srikartiram Updated 

BIOCON looks weak from resistance, i see RSI Negative Divergence when the price is making higher high. Better to book profit and exit if in profit already. Expecting 390 level to be touched again !

srikartiram Updated 

I see a clean breakout in NIFTY the last 30 min's, normally i dont work with less than 30 min's time frame as they are not reliable to me, but these days due to high volatile i'm using 15 min's time frame limited to NIFTY index alone. So that the risk is minimal. After a grinding sideways NIFTY sustained and closed above Previous Day High and Previous Day Closing...

srikartiram Updated 

LICHSGFIN as per trendline it is in crucial zone. Chances are higher to recover from this zone. PCR ratio is in BULL's favour + Over all market is bullish today RSI recovering, Morning star at patter at support level(15 min's) CMP : 268 SL : 263 Target : 290 1:5 Risk reward

srikartiram Updated 

RSI bearish divergence in Reliance CMP : 1732 SL : 1750 Target : 1680 Positional, consider buying OTM PUT

srikartiram Updated 

1) PCR for June is 0.49% 2) Open Interest increased double the time LONG side 3) RSI divergence in smaller time frame and recovered from Oversold area CMP : 602.10 SL : 597 Target : 625

srikartiram Updated 

During expiry Thursday the market was highly volatile and closed at 10289 level. Still the breakout dint failed, with a small risk can go long upto 10410 CMP : 10289 SL : 10239 Target : 10410 1:2 risk reward, almost 121 pts ahead with 50 pts risk. Analyze : 1) NIFTY if you compare with my yesterday analyze, it has formed Engulfing at resistance, and today...

srikartiram Updated 

Gap is still unfilled, expecting a correction of 8 to 10% CMP 539 SL 550 Target 490

srikartiram Updated 

Looks like Head & Shoulder pattern, may to eat all the premiums in the expiry day both the side. Switch to 5 min's time frame to see more clearly.

srikartiram Updated 

There is potential gap expected to get filled which is at least 8 to 10% correction CMP : 543 Sl : 550 Target : 490

srikartiram Updated 

Not recommending to short, may see some weakness. I'm afraid if we may see 10200 levels :(

srikartiram Updated 

CMP @ 1027 1) PCR for June expiry is 37.11% Sign of Bullishness 2) RSI divergence in 30 min, 1 hour, 2 hour Time frames 3) RSI recovered from oversold area 17.34 to 34.95 4) Good risk reward, almost 1:5 Tight SL : 1007 Target : 1130

srikartiram Updated 

CMP 1336.50 Sl : 1316 Target : 1407, 1485 Good support level for small stoploss. Once breakout happens the momentum might occur @1358 level

srikartiram Updated 

NIFTY Gap up occured and it has been filled. Taking channel support + CPR. Already inside a FLAG pattern, long time target is 10680 Current level : 10475 Target : 10545 SL : 10435 Kind of 1:1 risk reward