Canarabank has formed double bottom and the price is consolidating inside the triangle. Buy above 369 with the stoploss of 366. Targets are 372, 376 and 380. Sell below 364 with the stoploss of 367. Targets are 360 and 357. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 15th 2017 only....
Axisbank has taken support at 500 - 502 level. Buy above 506 with the stoploss of 503. Targets are 510, 514 and 518. Sell below 501 with the stoploss of 504. Targets are 497 and 494. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 15th 2017 only. Analysis is based on support/resistance level.
Whatever trading teaches it improves our life too. When a person is a good trader he becomes a better and good person too in his personal life. Always share market gives lesson for trading as well as for life. Today we are going to read about my favourite role model/hero, "Shivaji The Great". And how is he related to trading? Keep on reading and you will know....
This is the query I received from a fellow trader today. Hi, I am new to trading, started just a month ago. But being a beginner I made a mistake of playing intraday that too with 1000 stocks today. I lost 1900 in Allahabad bank and 3750 in Bank of Baroda. Both were in uptrend in morning, when I bought BOB was 189 and ALBK was 192. I was expecting just 0.5 points...
Nifty is consolidating inside the triangle. When it breaks the support line I have drawn, it will reach 9360, 9340.
Buy above 443 with the stoploss of 440. Targets are 447 and 450. Sell below 439 with the stoploss of 442. Targets are 435 and 433. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 12th 2017 only. Analysis is based on double bottom and triangle formation.
Buy above 374 with the stoploss of 371. Targets are 378 and 381. Sell below 371 with the stoploss of 374. Targets are 368 and 366. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 12th 2017 only. Analysis is based on triangle formation.
Price action is consolidating inside an ascending triangle. When it breaks the triangle we can go long with the stoploss of 442. Targets are 446, 450 and 454. This idea is for swing trade. Analyse and follow your trading plan always.
Price action of one hour chart banknifty shows price is consolidating inside an ascending triangle. When it breaks it price will move towards 23200.
Sell nifty below 9380 with the stoploss of 9400. Targets are 9360 and 9340. Analysis is based on trendline. support/resistance and RSI.
Buy above 657 with the stoploss of 654. Targets are 660, 664 and 668. Sell below 654 with the stoploss of 657. Targets are 650, 646 and 642. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 9th 2017 only. Analysis is based on support/rresistance level.
Buy above 516 with the stoploss of 513. Targets are 520, 524 and 528. Sell below 512 with the stoploss of 515. Targets are 508, 504 and 500. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 9th 2017 only. Analysis is based on triangle formation.
Buy above 191 with the stoploss of 189. Targets are 194, 196 and 199. Analysis is based on Dow tenet "Lines indicate movement".
Canara bank's price action is forming a line. As per Dow tenet "Lines indicate movement". Price is consolidating in the range 394.5 - 399.5. Break out in any direction will give a movement of atleast 10 pts. Sell below 394 .The targets are 390, 388 and 385. Stoploss is 397. Buy above 400 with the stoploss of 397. Targets are 404, 407 and 410 Analysis is based on...
Buy above 440 with the stoploss of 436. Targets are 445, 448 and 452. Sell below 436 with the stoploss of 440. Targets are 431 and 428. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 5th 2017 only. Analysis is based on Dow tenet "Lines indicate movement".
Buy above 420 with the stoploss of 417. Targets are 424 and 427. Sell below 417 with the stoploss of 420. Targets are 413 and 410. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 5th 2017 only. Analysis based on Dow tenet "Lines indicate movement".
Buy above 235 with the stoploss of 233. Targets are 238 and 240. Sell below 233 with the stoploss of 235. Targets are 230 and 228. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 5th 2017 only. Analysis is based on 1. triangle formation 2. support/resistance
Buy above 522 with the stoploss of 519. Targets are 525, 528 and 531, Sell below 519 with the stoploss of 522. Targets are 515, 512 and 510. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 5th 2017 only. Analysis is based on Dow tenet "Lines indicate movement".