srikartiram

srikartiram Updated 

CMP : 381.25 (Post market 19/06/2020) SL : 374 Target : 399 (Safe) 1:3 risk reward trade setup This script stock behave like i know what i'm doing. When NIFTY major index is falling BIOCON was in up trend. Now when NIFTY is bullish BIOCON has slipped but at a beautiful support level. 1) PCR for July = 0.29 Very bullish PCR for June = 0.39 Very bullish 2)...

srikartiram Updated 

CMP 449 Tight SL : 445 Target : 470 RSI 30 min's recovered from oversold and looks bullish divergence - Bullish signal PCR @ 37% - Bullishness Good risk reward

srikartiram Updated 

CMP : 1588.80 Gap occurred ( Facebook Deal) and not filled yet and going higher high. No doubt, Its true reliance outperformed, but their earning report is coming in a couple of days (17th July). Hope that will crash the price and make it fill the gap and attract more buyers to buy that level. Thats what technical says. Hanging man appears @ Weekly TF at...

srikartiram Updated 

I'm bearish in NIFTY until BANK NIFTY fills the gap @ 19350 level, until then any up move may bring down the NIFTY levels to 9500. This will impact other stocks aswell. Airtel is having a strong support level, but due to this BANKNIFTY fall BHARTIARTL is struggling at support level. It doesn't mean the level is weak. 1) If we take the delivery volume into...

srikartiram Updated 

NIFTY inside triangle pattern, breakout could take NIFTY to 10175 levels. Global cues are positive, VIX is falling down. Risk players can enter now itself (9925), Tight SL level 9860 July Expiry 10500 above CALL options are trading in cheap prices. 60 Pts risking and looking for 240+ pts. 1:4 risk reward

srikartiram

Flag Pattern is forming, upon breakout of 107 level, the price can move easily 132 to 135, that is almost 25 to 30% price movement can expect in a month time. Aggressive traders can enter now itself, as the Buyer volume is almost 8 million, during the fall only 813k volume you can cross check the volume spike in chart. CMP : 101.45 SL : 92 (Aggressive...

srikartiram Updated 

Bank Nifty is facing small resistance it can move up 200 pits and rejection from that level may pull the legs to 19300 levels. Global news on corona , US data’s on employment, FII selling and few factors may add fuel to this burn. Can buy 19300 PE in July expiry and let’s play safe.

srikartiram Updated 

Support level is highly respected even during 450+ points gap down in NIFTY Consolidating and turned bullish at support level CMP : 168.55 Gap down stock, the gap is still not filled at 175 Stop loss : 162 Target : 190 Very good risk reward 1:3

srikartiram Updated 

Breakout Retested beautifully RSI oversold territory crossed above 40 Open Interest 170, 200 in No.1 & 2 places with good volume

srikartiram Updated 

NIFTY Broke trend line support 10137 comfortably and closed below RSI negative divergence There is a handsome gap on 29/05/2020 to 01/06/2020 Very good opportunity, buy OTM 9500 PE in July trading around 260. 460+ points opportunity in NIFTY 1:3 Risk reward

srikartiram Updated 

Found good support at Weekly Pivot RSI recovery Consolidating near support level Entry : 1638 Target : 1687 SL : 1621 Risk Reward 1:2

srikartiram Updated 

Broke the trend line resistance comfortably with excellent volume. Looks promising to fill the gap on top. Target : 448 Strict SL : 395 Decent risk reward trade setup

srikartiram Updated 

CONCOR - Cup & Handle pattern forming with good volume and ready for the breakout. Can expect price movement upto 466 easily.

srikartiram Updated 

Gap has to be filled Morning star pattern at support Good volume in buying side, Consolidating before making Targets : 575, 585 SL : 544 (on entry at 549)