Infosys has given a range breakout of Head and Shoulder Pattern , and we have got a closing also outside the range, so this is a good price and time to enter LONG. Risk Reward should be at least 1:1
As per the technical analysis, Nifty 50 NSE:NIFTY can fall till 14366 Levels positionally, that zone can act as a strong support zone, currently, Nifty 50 is trading at 15786 so more 8-9% fall is expected, This analysis is purely Positional / Long Term view of Nifty 50, but first, we need to break the 15400-15000 Range , once that zone is taken out we can see...
Russell 2000 We can see this has already corrected to 0.5 Fibonacci Levels, and also we can see 2 previous Highs made in 2018 and 2020, As shared in the analysis of S&P 500 previously that we could notice further breakdown but after some pullback makes more sense looking at Russell 2000's chart.
On the Weekly chart in S&P 500 , I can notice Bearish Head and Shoulder Pattern , but coming week after this drastic fall maybe we can see some pullback to the neckline and then further collapse on the downside at least till the level I have marked that is 3491.25 SP:SPX
We can go Long in Banknifty here deploying Far OTM Bull Put Spread just to collect premium, I do not see Banknifty closing this week's expiry 5th May Expiry below 36200, so we can go positionally long for this expiry with Bull Put Spread . A very good trade opportunity! Bull Put Spread Risk Takers: 36200 PE Short - 35700 PE Long Safe Players; ...
We can see noticeable RSI divergence on a higher timeframe 1 HR, Momentum is picking up but Banknifty is going down, this can be a good long trade, Good bullish RSI divergence is seen on charts, And Banknifty is at a good support level and also at a previous breakout level as well, and Banking stocks if we see and analyze then banking stocks haven't really...
We can go Long in intraday above 730.60 Short in intraday below 719.40 Volumes are indicating more towards the Bullish side , but still, we can plan and trade both sides!
A very beautiful price action, we can enter long above 3659.20 this level with some proper Bullish candle signal on 15 mins charts .
I’ll plan to go short below 1159 level, Trendline has been broken down and retested, and RSI also has shown good divergence on the charts. Plan your trade according to the levels
Stock is trading in a channel and also making Lower Lows & Lower Highs, let's see what's on the cards in the future! Mark the important levels for your Intraday or positional trades.
The stock is rejecting the trendline for a long time, look for both opportunities in this. We can go long once the Trendline is broken and retested.
We can go long on intraday or swing above 4601, as it's a recent crucial level, so check this!
Good long above the given level for good intraday / Swing targets! Once cross 4462 level. Good 200 rs targets can be achieved in intraday!
Hathway has been consolidating for a while and it has underperformed for the entire 2021, the stock's fundamentals look strong to me, and the market cap is also quite impressive, this stock will this falling pattern can give around 100% returns as a target once it breaks the level around 23-25, this is a good stock to hold for long.
This stock has underperformed in the entire 2021 Year, stock can give good returns if gives breakout from the neckline, also the results are on calendar road, so let's see!